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E43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
All-In with Chamath, Jason, Sacks & Friedberg
Soft Bank Is Engaged in a Style of Investing That We Would Never Engage In
soft bank is engaged in a style of investing that we would never engage in. They're making 500 million dollar seed investments in massively overvalued companies. And the crazy thing about these spectacular implosions, and they're usually around deepteck, is because these ontiners can tell a story,. People just seem to suspend belief and don't demand any proof for years and years. i think there's only one height man on planet earth that is good enough to pull this off and deliver the goods at the end.
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