While I always strive my best to keep a positive and apolitical tone, there was only one topic that my mind kept turning to in my attempts to write this most recent edition of the EVCA newsletter— Ukraine. My compulsion to write on the topic, as opposed to my typical commentaries on the state of venture capital, reflects the historical gravity of the situation: Russia’s invasion into Ukraine constitutes the greatest attack by one state to another in Europe since the days of WWII. The crisis not only has implications for the roughly forty-four-million Ukrainians in terms of both cost of life and disintegration of their political order, but, in this globalized economy, all of us. Yes, even us here in the world of venture capital.