The venture market right now is more frothy than it has ever been.
Yes, outcomes are larger than ever.
Yes, it has never been a more exciting time.
But three rounds in three weeks is not cool, it’s unhealthy.
$5BN for an idea, fine for a genius, not when there are 100.
The Ponzi scheme is off the charts right now.
And all investors know it behind the scenes.
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