Well see which VCs will be naked when the economic tide turns against themWelcome back to Equity, TechCrunchs' venture capital-focused podcast. Here we explain the numbers behind the headlines.We were back at full strength this week, with Alex and Danny Natasha joined by Chris to discuss the latest venture capital brouhaha. We wanted to know if venture capital is going to be shaken at its core or if we are really interpreting long-term economic trends which will eventually reverse.Here's a quick rundown:Sam Lessin started the conversation on Twitter by suggesting that venture capital as we know is dead. Software and later-stage investments may be the most disruptive.Crunchbase News and Alex both responded to the concept. The responses could be best summarized as "Yeah, but."The fact that non-venture capital is flooding into startups is real and important and something worth considering. We did the math and found that parsing the best areas for startup investing is the most lucrative for the VCs with whom we spend so much time.In a sea of large numbers, the direction and future of venture capital have been lost. New megarounds. New unicorns. This is what it looks like. There has been some mix-shifting of sorts within the rising tide capital available to private businesses. It is unclear where this will lead long-term. We tried to imagine a few possible outcomes.Equity is back Friday!
