Lefcourt: 2014 venture dealmaking pace was irrational and unsustainable
Jenny Lefcourt · 20VC: How Startups Should React To Today's Funding Environment & Why Big Markets Are More Forgiving with Jenny Lefcourt, Partner @ Freestyle.vc · May 18, 2016 · at 11:30
Jenny Lefcourt, Partner at Freestyle.vc, compares the overheated venture environment in 2014 to past market downturns in 2001 and 2008.
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“When I joined Freestyle, deals were going so fast and furious, and I would also say, Argue that I saw a lot of stupid stuff happening, things that I could recognize because I was here in 2001 and I was here in 2008. Right. And so I've seen the downturns and I saw things that I knew we were not in a sustainable market.”
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