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Dan Romero
@dwr.eth
Welcome to @garrytan, CEO of Y Combinator! He’s kindly agreed to do an AMA. Reply with your questions. :)
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Gabriel Ayuso
@gabrielayuso.eth
Great to have you here Garry. How has the M&A and IPO landscape shifted VCs funding strategies, if at all?
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Garry Tan
@garrytan
Smart early stage people haven’t shifted. Same as it ever was. But late stage folks have paused. Far fewer deals and the deals getting done have a lot of structure. There is a new discipline around cash flow. All around this is nature healing.
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Gabriel Ayuso
@gabrielayuso.eth
Thanks! Agree on the nature healing bit. Businesses shouldn't expect to be ever subsidized by investors. If the economics don't work modulo capital injection the business doesn't work.
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