It's quite interesting. When the market is good, the leeks will focus on the projects invested by big VCs. When they communicate with the outside world, they will say that a certain project is valued at xx billion and invested by a certain big VC. Hurry up and rush. When the market falls sharply, they blame these big VCs for raising the valuation and cutting the leeks. Maybe they don't understand at all that the early VC rounds of regular projects are unlocked after 1 year of teg. So, who is being cut?