Gurley finds the post-correction window calmest with less anxiety, slower pace, and more rational behavior.
“the window after the correction is the calmest, where there's least anxiety for me at least. Like everything slows down, people talk rationally, people aren't doing silly things.”
Gurley argues downturns filter for innate entrepreneurs rather than quick-buck seekers.
“And what happens when risk goes off is the only people that are left starting the companies are the ones that are choosing it innately as the way of life they want to have and not just because they think they can get a quick buck.”