2021, what a time to be alive

I’ve started planning on how to close the year strong at Secfi and will be headed to New York for some in-person planning meetings. I’m excited to see everyone in person again and actually do some proper brainstorming.

On another note, I can’t believe that we’re almost in Q4 2023. The craziness of 2021 felt just like yesterday. A little under 2 years ago, the talks about interest rates rising began and officially put an end to the ZIRP world.

Whenever I catch up with friends who work in tech or investing, we almost always talk about those crazy days. We share war and horror stories. We laugh at others and ourselves. And we talk about how much we learned.

Some of the stories from that period are just downright insane. People in charge of millions of dollars throwing it around like it’s candy on Halloween. No real basis for investment decisions besides wanting to win. Founders running effectively live auctions for funding rounds.

We’ll likely never see a period like that again in our lives. And that’s a good thing. It was unhealthy and not the least bit sustainable. I’m happy to have lived through it and learned a lot then, but I hope to never see another 2021.