Things are getting Frothy
If you’re running a startup or doing any kind of fundraising, I’m gonna put something in your head that you won’t be able to shake. At every meeting with an investor watch for them to say that the investment market is “frothy.” When it happens (oh, it will happen), take a mental shot.
The herd mentality among investors is always surprising to me. This month it’s frothy, next month it is something else. I don’t know where they’re all going to get the word du jour, but I want in. Can’t handle the suspense of waiting for what comes next. “This market is a classic ultra-skim soy market.”
Anyhow, been hearing frothy a lot and wanted to pay it forward. You’re welcome.
