📶 will we see more or less venture money in five years?

👥 Community | 📣 Sponsor | ♟ Boardroom | 📌 Careers | 👀 Fund

Good morning 👋

For better or for worse, I love hearing how LPs are thinking about the private markets.

Maybe that’s because I used to sit in that seat, or maybe it’s because I have a weird obsession with macro thoughts about niche industries. Who knows?

Harry Stebbings put out a question earlier this week about whether or not we will see more or less venture $ over the next five years.

Here is a breakdown of the best response to that question …

P.S. 🎧 We’re giving away a pair of Airpods Pro 2 to one lucky reader …

Whoever refers the most new subscribers this quarter (ending June 30) will win a brand new pair of Airpods on us.

Enter to win by grabbing your unique referral link and start sharing.

Today’s highlights

• Venture in 2030

• Ramp data on businesses dropping their ad spend

• JetBlue calls it quits on their CVC

• The downside of secondaries