2min chapter

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Responsibly Reckless

The Compound and Friends

CHAPTER

The Role of Venture in the Debt Bubbles

I hope that they took some of their profits in Bata House Uh, I certainly did. Do you think somebody's super cycle? Debt bubbles are created by venture because we've talked about the role that Angel investing in venture is had in these bubbles 99.9% of them will do this series day. They just kept going lose money Gain cost gain market share just keep goingwe got your back will fund you will fund you And they were a huge they were ahuge part of this F tx not not not all in a bad way by the way like they gave us a lot of incredible incredible products Yeah, but right and then and then the switch flips and they will have to make money

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