
E54: Spread trading big tech, capital allocation, Zillow's misfire, Progressives suffer losses
All-In with Chamath, Jason, Sacks & Friedberg
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Navigating Capital Allocation in Tech Investments
This chapter examines the trading debut of the company BRDS and the strategic share distribution choices faced by venture capitalists. It discusses the implications of using evergreen funds compared to traditional fundraising, as well as the investment strategies employed by Sequoia, particularly their Heritage Fund. The conversation emphasizes the importance of a long-term investment approach and explores the potential benefits of decentralized autonomous organizations in early-stage investing.
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