Bay Area
3 statements across 3 episodes · 1 bullish · 1 bearish · 3 people on the record · first statement Feb 27, 2025 by Les Craig · across every show →
Everything said about Bay Area, oldest first
Feb 27, 2025 bearish
Oversized early funds trap startups on a valuation 'hamster wheel of death'
“Why do companies end up in the Bay Area getting on the ham, what I would like to call the hamster wheel of death, where you're just like always trying to catch up with your last post money. It's because in a lot of cases, check size, mandatory check size of th…”
Jul 7, 2026