The nine months between June 2022 and ChatGPT coming out were the slowest months I've ever seen in the venture capital industry. So many firms were like, 'We're on pause.' By the way, that's when we chose to raise our third fund.
“So the nine months between June 2022 and ChatGPT coming out, which was, like, March '23, something like that, those were, like, the slowest months I've ever seen in the venture capital industry.”
So the nine months between June 2022 and ChatGPT coming out, which was, like, March '23, something like that, those were, like, the slowest months I've ever seen in the venture capital industry. Like, so many firms were like, yeah. We're on pause. We gotta shore up our own portfolios. Like, it was the slowest period of time I've ever seen. By the way, that's when we chose to raise our third fund, so great timing.
Why this clip
Perfect timing story with specific dates and vivid industry context. The self-deprecating humor about 'great timing' makes it relatable while showing contrarian decision-making during market lows.
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