Fall of the S&P500: The role of AI - lessons for VCs

Jul 26, 2024

∙ Paid

It's July 23rd at 9:35 AM, and the S&P500 just tanked 8.67 basis points in a matter of minutes. My phone's blowing up with alerts, and every company connected to AI is plummeting. By 5:00 PM, I've doubled down on my falling positions.

So, what happened in investors' minds that day? Why did tech and AI stocks take a nosedive? And what can we learn from this for the Venture Capital market?

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