""It's no fun to be the only one that has [experienced the Dot-Com Bubble]," he says, noting that the 2008 financial crisis was merely a 'blip' in comparison."
""When you've only seen upcycles, you get carried away by the euphoria of valuations," Patricof emphasizes, reflecting on the importance of historical context in investing."
Alan Patricof, at 87, maintains optimism about life and investing, believing he will live to 114. He continues to participate in the New York City Marathon and anticipates discovering the next big entrepreneur. With over 50 years in private markets, he founded Apax Partners and Greycroft, and recently launched Primetime Partners to invest in senior-focused startups. Patricof emphasizes the importance of experience, recalling challenges during the Dot-Com Bubble and cautioning against unchecked valuation euphoria among newer investors.
Read at Fortune
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