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" ... At the end of the day, sending cash home at good rates of return to LP’s is all that really counts in the venture business. Mark-to-market valuations are just paper until they are realized. Fortunately, this exit window has created a more liquid environment than at any point in the last decade, and it’s been a good time for realizations. Looking forward to seeing the data on the real returns from this bullrun for VCs in a few quarters. ... "
" ... Participants run next to Nunez del Cuvillo fighting bulls on the sixth bullrun of the San Fermin ... [+] festival in Pamplona, northern Spain on July 12, 2019. ... "