public markets

“I think you're gonna see the dam really break on this year, particularly in the back half of this year. And the reason is because people gotta raise capital, right?”

“You know, think of, you know, the SpaceX's, the ByteDance, the Databricks, the Stripes of the world, all the companies people are waiting to see when they're going to come public. They all fit that profile. They don't need the public markets to provide the liq…”

“I've often said that the public markets are the buyers. Of private companies, and you got to know them. You got to know them. You got to study them. You got to know what they want to buy.”

“When prices are high in venture, you know, you don't just stop doing venture. Right? But you do less. And you wait for the really great stuff. And when prices are high in the public markets, you don't necessarily step out of the markets altogether, but you jus…”

“Which means we could see just a random run of the mill, 10 to 15% drawdown, right, in the markets while the market gets its head around the fact that the economy is going to grow a little slower.”