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E135: Wagner rebels, SCOTUS ends AA, AI M&A, startups gone bad, spacetime warps & more
All-In with Chamath, Jason, Sacks & Friedberg
The Rat Race of the Venture Community
As input costs come down, theoretically, greater outcomes should be generated with fewer dollars in. But the reason they go up is because you get paid an annual management fee. And so obviously, the way to make more money is to get 2% on a larger fixed number every year.
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