- Allofthisrequiresaccuratevaluations.Thevaluationswerelowerthanexpected,however.Stagflationisbadforstockmarketvaluations.Intheprocess,valuationsnowlooktoppy.Eventually,however,equityvaluationsreachedveryhighlevels.Venturecapitalistsaremakingfewerinves...
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