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AI News from ET - Exclusive: AI boom due for correction, strongest firms will endure: First Round Capital cofounder Howard Morgan

Vishwadeep Khatri
in AI News & Two Lenses

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In venture investing there are two ways to make money—buy low and sell high, or buy high and sell higher. In a bubble, everybody thinks buy high, sell higher works forever. But that only works inside the bubble. As soon as the bubble bursts, you go back to needing to buy low. That’s why I push discipline at B Capital, Morgan told ET in an exclusive interview.

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