Gerstner says he won't invest late-stage now due to lack of price discovery, only early-stage at low valuations.
“You couldn't pry a late stage dollar out of my hand right now because I don't think we have real price discovery going on.”
Gerstner refuses late-stage investment now due to lack of price discovery, expects real pricing this fall.
“This fall is when we'll start to see real price discovery. You couldn't pry a late stage dollar out of my hand right now because I don't think we have real price discovery going on.”