SBF, SVB...who is next?
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A hard reset: a few tough years
"Right now it is a complicated place in start-up land. Holy Macro! A bunch of valuations are still totally wrong. We need to start to do the clean-up work now which takes years. It took us 5 years to fix this last time. It is a hard reset". (Chamath Palihapitiya)
An early Q1 read