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E101: Ye acquires Parler, Snap drops 30%, macro outlook, VC metrics, valuing stocks & more
All-In with Chamath, Jason, Sacks & Friedberg
Is Free Capital a Weapon of Economic Destruction?
The tech industry has performed incredibly well for a long period of time with rates in this range. The transition from that low rate environment to the high rate of it's dislocating for investors. This is not a six month phenomenon, we're going to have two years of ringing out. Free capital was a weapon of economic destruction. Not all companies are going to do well but they will bounce back.
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