Remove 2006 Remove Audience Remove Down Round Remove Venture Capital
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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I asked what the audience most needed to hear. This was an audience of mostly first-time entrepreneurs. It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property. New investors hate down rounds. That’s a fact.