We're off to a bit of a rocky start to the new year. And that's why I called in my friend Jeff Richards to help make sense of it all. This episode marks Jeff's fourth stop on Panic with Friends since we started almost 2 years ago. People talk about bubbles all day, and I've been talking about these tiny bubbles we're witnessing right now --the ones that just pricked. So Jeff's here to talk about fundamentals versus valuations and the big picture as we come 70, 80, 90 percent, whatever it is, out of COVID for better or worse.  Guest - Jeff Richards, Managing partner at GGV Capital  howardlindzon.com, ggvc.com  Twitter: @howardlindzon, @jrichlive, @GGVCapital, @knutjensen  linkedin.com/in/jeffrichards  #fintech #invest #investment #venturecapital #stockmarket #finance