The public markets have been stumbling around lately, trying to figure out what China and oil prices mean for the rest of the world economy.
That uncertainty creates fear--and in a US Presidential Election where fear is the debate topic de jour, we've got plenty of that to go around. Fear, not surprisingly, weighs markets down.
But, that's a short term thing, right?
Aren't VCs investing in companies that won't exit for another 5-8 years? Shouldn't they be long term minded?