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Bethany McLean - Enron, FTX, 2008, Musk, Frauds, & Visionaries
Dwarkesh Podcast
Is There a Bubble in Venture Capital?
I don't think it's the coincidence that FTX and Theranos were not publicly traded companies, right? The, there's a certain sort of black box quality to these companies because people aren't shorting them. And so all of what actually things are really worth in private markets is absolutely another bubble starting, starting in the market. I think we're going to see how that plays out over the next year and it might be a wake up call for a lot of people.
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