Agreed. I think we're seeing so much of it, especially company launches, because everyone knows they need to urgently try and get in before the bubble pops. Look at all the Lauch HNs there have been in the past bit.

If you've got a startup that does logistics or something, you can probably fundraise whenever, subject to macroeconomics. If you made am NFT wallet or a chat GPT-powered dog sharing app, you had / have a tiny window to try and snag some dumb VC money before it's chasing the next thing.