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Garry Tan @GarryTan · Jul 21, 2021
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Great thread on what’s happening in VC today 👇 Risk-on is right, as is finding the overlooked I think we are entering a new period of 3X to 5X growth in R&D and new technology innovation. I’m optimistic. Not all of it will work. But when it works it will be amazing.

Tweet Jul 21, 2021
Yesterday I tweeted an unpopular opinion that deserves unpacking. Valuations are up. Unicorns are getting birthed faster than ever before. Multiples have hit all-time peaks. New investors are aggressively entering the VC ecosystem. Who’s to blame?
by Frank Rotman
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