Best time to raise capital in venture is when nobody else has money, as it goes against the natural investor bias to buy high and sell low.

normativepending

Speaker

Ben Horowitz

Evidence Quote

It turns out that the best time to raise money is when nobody has money... just the nature of investing is people always want to invest high and they always want to walk away when the market is low.

Source

Ben Horowitz and David Solomon: The Sweetest Macro Spot in 40 Yearsa16z
Created: 8/12/2026, 10:05:59 PM

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