Valuation Challenges

Logan discusses the significant drop in valuations for Series B and C companies, highlighting that they may be down as much as 70%. He emphasizes the increased complexity of investing in Series A companies, which require more hands-on involvement. Eric points out the challenges faced by Series A investors who must keep companies afloat while larger hedge funds provide capital without offering support. The conversation reveals how hedge funds are now prioritizing strong board members to manage risks effectively.