4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E85: SBF's crypto bailout, Zendesk sells for ~$10B, buyout targets, US diplomacy, AlphaFold & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Isis Cash Flow

Zendes was under intense pressure from an activist investor called jana to replace the board of directors, y running a proxy battl against them. They didn't do it and now they did a lower offer at ten billion why? I think because the market has clarified. We now it's clearer that we're in this regime change. What the market is valuing isis cash flow as opposed to profitless growth. And my guess is, without having talked to michell, my guesses they pried to threw up their arm said, listen, you know, like it's not going to be fun to run the company this way. But again, if you're trying to run business

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