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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

Hey I am on Medialย โ€ขย 10m

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, theyโ€™ll all start doing the opposite. Herd mentality.

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