“There is a TON of dry powder out there". ⛷ There really is...which is why venture shouldn't dry up if there's a sustained downturn in public market tech, which itself is still a big if. https://lnkd.in/ecEH5V6R #venturecapital #vc #startups #entrepreneur #entrepreneurship
But the sentiment has shifted from FOMO to FOJI
Time to take profits and pay out to the LPs, not over invest in inflated valuations.
Just because I have money I still need a good reason to spend it.
Great post Michael Jackson
Markets got frothy - seems like it was a way to pacify from covid and now it’s BAU of sorts - it’s May and look at the dry powder …😊
seems to be misleading since 2022 isn't even halfway through and on track to outpace 2021
A great time to focus on deployment and value creation in the early stages. Hard times for the others later in the chain
I’ve just got to ask…why didn’t you put “V-hee C-hee” as your occupation. Missed opportunity.
On the allocation of dry powder
Re-thinking Investment Management & B2B Content
3yI'm curious. What do you do if, like Tiger Global, you have just raised a massive fund (=dry powder) and at the same time your previous strategy is crashing down?