4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E91: SoftBank's $21B+ Vision Fund loss, signals of a bubble, macro picture, Trump raided by FBI

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Isn't It Scalable?

The idea that soft bank caused this bubble. There was an attempt to make it scalable. The problem in that model is that, by giving you so much money, capital becomes your prim ary asset as a business. Capital needs to be the fuel that enables your assets as a business to accelerate. As soon as capital itself becomes your primary asset, the business is doomed to fail. I thinki i high lighted for you guys, like back in 20 11, when andris and horrwods, they pitched me on this idea. And look, he took responsibility. What else can you do? Yeu mousd say, only many examples of this in his portfolio are documented

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