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Very likely.
I am increasingly getting the impression that this economic crisis is going to unravel a lot of walking dead PE and VC companies.
Ponzi schemes and alike usually are exposed during recessions.
Right, but you can't quite call this a ponzi. PE and VC have been in this weird bubble-type situation for over a decade now. Ponzi-esque, but this is something different.
Oh man. Haven't seen this theory yet. I hope not.
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