How Has Venture Capital Been Reshaped in This Economy?

Chip Royce: I love the venture capital folks to death but their business model is to pump a lot of money in to drive excessive growth right massive growth generate of course there will be companies that can't succeed they get paired out but and they use the term unicorns right they're not found very often but when they do they when you get these economic conditions however the venture capitalists will naturally have to pare back there's a lot of downstream consequences.