Macro Environment

topic on 2 shows · 2 statements across 2 episodes

Capital Allocators 20VC

2 statements about Macro Environment, every show

95% of late-stage growth outcomes hinge on idiosyncratic execution, not macro
“When I look at all of the mistakes that we've made in the last eight, nine years, and all the successes that we've had in that same period of time, 95% of the time, if not more, it's idiosyncratic, is did we get the fundamentals right on the companies that we …”
Michael Carmen Aug 10, 2023 ▶ 42:37 Michael Carmen – Late-Stage Private Investing at Wellington (EP.332)
20VC Opinion
Armstrong: The 2022 market downturn is an 'everything winter,' not crypto-specific
“The main thing is that the macro environment is down too. So it's not really a crypto winter. It's a, it's an everything winter. It's a macro winter.”
Brian Armstrong Nov 7, 2022 ▶ 29:05 Brian Armstrong: Coinbase’s Failed NFT Launch, Thoughts on SBF & FTX, Crypto Winter | 20VC #946 · 20VC with Harry Stebbings

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