Quick context note: we don’t believe that most things in the world are worth predicting. Discussing things like the economy, venture capital, and even the supply chain are challenging because they’re complex systems that have hundreds, thousands, if not millions of variables that we cannot necessarily identify. Rather, we look at secular trends and focus on what opportunities might profit us. This approach seems a bit more informed and constructive as it also affords the opportunity for bottoms-up analysis of each opportunity area as it’s identified.