Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
PitchBook released data confirming that distressing performance continued through the first quarter of 2025. We are living through the typical venture capital cycle, where a small cluster of good annual returns are surrounded by extended periods of miserable results. The misery, akin to a gambler throwing losing rolls of the dice in a casino, will continue.
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The Rabid Capitalist 
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