“There's a glut of capital. And of course, we can talk…” — Acquired at 23:07
“There's a glut of capital. And of course, we can talk about kind of the macro now, but like for a very long time, we were at the bull market where it was a glut of capital. Any kid with an engineering degree who had a bunch of friends could come out to Silicon Valley and raise some money. So it was actually like a…”
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