Chris Burniske, former head of crypto at Ark Invest and now a partner at Placeholder VC, said there was a good board meeting today with @2xdog and @JapanDeepValue1, "We agreed that the liquidity tide will turn, but are concerned that it may come a little late and not be as stimulating to asset prices as it was in 2021, as it will be implemented differently. A shift to "four-year fundamentalism" is being considered. "
Placeholder partner Chris Burniske posted on social media that a small correction should not be mistaken for the end of the market, and the overall risk/reward structure remains sound.