Holt: Large VC funds piling into physical-world tech are inflating early valuations
Rachel Holt · Special Edition MOL with Josh Wolfe, Rachel Holt, Scott Belsky, Scott Stanford, and Peter Deng. · More or Less Podcast · Aug 14, 2026 · at 52:13
Construct Capital co-founder Rachel Holt describes how major venture funds are suddenly flooding into physical-world tech, driving up valuations.
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“We appreciate the markups that come from everyone piling into these spaces. You know, we're also now the prices are going up like, you know, to a crazy amount, obviously on, on some of these early stage stuff, because a lot of people who like would never give these spaces kind of a second look are now the voting half of their, I don't know, billion and a half dollar funds to them all over the place.”
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