July 26, 2023

Dave Friedberg discusses investing in turbulent markets

David Friedberg, CEO & Founder of The Production Board
Venture Capital

Key takeaways

  • Dave Friedberg of The Production Board explains how falling private company valuations are creating challenges for less-experienced venture investors as “momentum” plays evaporate.
  • Investing in the next hype bubble may be tempting, but Dave argues for sourcing fundamentally sound venture firms that are now undervalued and figuring out a way to add value or recapitalize them.
  • Differentiating between momentum plays and fundamentally strong businesses is crucial, and experienced managers able to marshal strong contrarian views may perform better than others in the current market environment.

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