Waiting to deploy capital until valuations chill out?
Looks like a decent amount of firms at A/B are letting go of employees, likely due to not being able to raise future rounds (especially because Seed/A vals have been astronomical).
What are your thoughts on this? My sector has been hot for the last 12 months with few viable PMFs or even MVPs. It feels like la-la land valuations has to cease at some point.