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Prominent VC funds shifted their focus from tech first bets to more traditional sectors in 2023. Can someone outline the reason for this shift ? *Traditional sectors include consumer retail, Banking Financial services and Insurance, manufacturing, s

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Anonymous

Anonymous 5

Stealth • 7m

Because the market is scared right now and they all want to invest in basic businesses that can generate cash. When the bull run returns, they’ll all start doing the opposite. Herd mentality.

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