I am living through my third “reset” in Silicon Valley. Reputations are built in hard times, not the easy times. If you shake a hand, sign your name - stand strong, or your word is no good. Otherwise you are a transient that only wanted the easy take. And you should move on.
What’s courageous about investing money in startups right now? That’s why a fund was raised. If anything, investing money in startups at peak SoftBank valuations was courageous...that’s risky. Now is the time to invest, especially with all the change that will occur.
