I don't think the contraction is dramatic enough that we're not going to continue to see most really strong ideas will get funded and reasonably well funded.
我不认为订立合同就完全足够了,合同不会让创新的想法涌现,或是得到很好的投资和支持。
The ideas that weren't good enough shouldn't have been funded and they won't be funded today.
这些想法还不够好,不会有人进行投资。
They think, I'm really a smart investor, I figured it out,; it can reinforce the behavior until they get to maybe some terrible end.
他们会想我真是个聪明的投资人,我制定了如此有效的投资策略,这种想法使他们的自我膨胀加剧,直到他们遇到挫折或打击
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