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E62: Elizabeth Holmes verdict, fraud origins & takeaways, navigating "The Great Markdown" & more
All-In with Chamath, Jason, Sacks & Friedberg
The Only Thing That Really Gets Harder in a Down Turn Is Fund Raising
Google was an incredibly cash efficient business. I think they've raised under 50 million as a provigat. facebook, google, apple, microsoptand amazon raised collectively less than 250 million dollars. The only thing that really gets harder in a down turn is fund raising. But i know very few sass companies that could continue to grow if they had to be catal positive.
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