David Gil gives the clear reasons why we will see billions of dollars leave VC funds in the coming years. Investors flocked to VCs after the 2009-2013 era of Uber, AirBnB, Instagram, etc. expecting massive returns but due to over-saturation those returns have not come. A classic "Gold Rush" example, this episode is a must listen for any founder or investor that wants to understand exactly where things stand in the world of start ups.
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