If you’ve been through enough cycles, you know what things like this mean and it usually means the opposite of what the general public thinks. The public will think that it means get out of risky tech bets now. Start thinking about getting out of risky tech bets when Future.com type sites launch, for VC firms are using their media capabilities and unloading their bags.

https://techcrunch.com/2021/06/15/andreessen-horowitz-goes-i...

June 15, 2021 was a nice time to start thinking about restructuring your portfolio.

Conversely I think now is a good time to think the other way. The European Central Bank is publishing papers about how Bitcoin failed. No one wants to invest in anything risky and wants to only buy T-bills. The Nasdaq is down 28.3% YTD. The FED has admitted they need to slow rate hikes. Putin is 70 and has pancreatic cancer and Parkinson’s, in addition to many in his own country wanting him dead. No market condition lasts forever.