Why 2023 Is The Best Time For Billion-Dollar VC Decisions
Over coffee at The Service on London’s Savile Row, the partner of a $3 billion family office tells me, "We are sitting on a sh*t ton of money and don't know where to allocate it; 50% of our fund is in cash for now.” With nearly 40 years in the business, he remembers far worse crises, but he has never had so few investment prospects as he does now.