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At this point, it’s clear that no one agrees on anything. Half my sources say that early-stage venture completely is uncorrelated to the public stock market, while the other half say that everyone is pivoting their way to profitability to extend runway — regardless of stage. And while the dissonance is an evergreen story to cover, it’s also confusing.
For example, how can there be more VC dry powder than ever, but also a slowdown in investments? How can fintech still receive one out of every five dollars of venture finance, yet still be the sector with the most layoffs of this recent wave? How can LPs be rethinking their venture capital posit …