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E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
All-In with Chamath, Jason, Sacks & Friedberg
The Multiple Compression in the Public Market Valuation
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Tiger global told their l ps in a web an ar earlier this month that it would no longer focus on backing late stage start ups preparing to go public. Going even earlier into serisaans, there is be rounds and buying shares of public tech companies that have sunk in value compared the all time high. The hope is that the market catches back up so that you can defend the last valuation.
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