I'm a free trader and globalist at heart.

Everyone seems to have strong emotions around Trump's tariff strategy.

Mine is excitement.

These tariffs create massive entrepreneurial opportunities. We're already seeing 3D printed shoe manufacturing moving back to the US. Companies finding creative routes from China to Indonesia to the US for lower tariff rates.

Entrepreneurs building TSMC alternatives here at home.

It reminds me of 2008 when people lost faith in the dollar and Satoshi created Bitcoin during the financial crisis.

Now we have a tariff crisis, and entrepreneurs will create tariff alternatives.

Every major disruption creates the next wave of innovation.

The entrepreneurs who see these sea changes first and adapt fastest will build the companies that define the next decade.

This is why it's such an exciting time to be in venture capital.

We get front row seats to watch brilliant minds solve problems that everyone else sees as obstacles.