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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
What's the Upper Bound of a Startup?
There was an interesting moment this week when we talk about this discipline that has been lacking the last couple of years. A $101 million funding led by KOTU, Lightspeed Venture Partners, at a $1 billion valuation for Stability AI. There's always going to be these asymmetric bets that people think if it works, it's worth a hundred X and they'll price it as they price it.
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