Obviously there’s a lot of uncertainty in the market, globally, and in Venture Capital today.
I mentioned the uncertainty to someone and they stated:
“But isn’t there always uncertainty?”
A wise and optimistic question… so naturally I started thinking about why the uncertainty now hits different.
As I look at my “To Do” list. I have a list of items ranging from recording a podcast to investing in startups, all of which take time and mental decisions making.
Other random things that have popped up are founders who are visiting or planning to, AWE the event is happening, in addition to the deals we are doing.
Additionally, the end of the year for kids school. Birthday parties. Friends and family events.
This list doesn’t include the calls I will make and get from portfolio and friends throughout the week. And BTW, all these things are fun. My family is awesome, my job is awesome, my friends are awesome, But every day over the last few weeks, the casual conversation forces you to have an opinion about the war in Ukraine or the shootings in Texas, Interest rates, recession, the markets… The uncertainty adds up and takes a toll on long term decisions. It forces you to make quick judgements on important decisions and unimportant decisions alike.
I think in general the founder I was talking to was right. It’s always uncertain. The difference is that we are being forced to make quicker judgements because of the pace of “Important” changes that are happening. The best way to deal with this is to think hard on each topic and take the time to make the best long term decision.