Gerstner: 2024 Is the Year of Acceptance for Lower Startup Valuations
Brad Gerstner · BG2 with Bill Gurley & Brad Gerstner | MANG VC Gone Wild, Can You Trust AI Valuations? & More | E01 · Bg2 Pod · Jan 25, 2024 · at 50:40
Brad Gerstner analyzes why tech founders have delayed accepting down-rounds following the 2020-2021 bubble peak.
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“What I finally see happening this year, I think, 20, 24 in terms of the stages of grief is the year of acceptance. Right. I think people are just going to have to get liquid. They're going to accept the prices that they have to accept because frankly, there are no more soft banks to bail them out.”
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