Gerstner says venture capital grew from $100 billion to $300 billion over ten years, now back to pre-COVID levels.
“There's no doubt that VC has grown from 100,000,000,000 ten years ago to 300,000,000,000 over the last ten years. Right?”
Gerstner argues venture capital remains at $300 billion pre-COVID levels, claiming the market hasn't actually grown much.
“And so while we call all of this venture, Bill, one of the big differences I have here, and I've said many times, is that the venture market really hasn't grown that much.”