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All-In with Chamath, Jason, Sacks & Friedberg
How to Sell Your Company to Get Profitable
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Most of these companies have less than 200 million of preference preferred shares that venture capitalists invest into the company. These are companies that should never have been marked at these prices, right? But they do have a business and they're going to be marked down 50 to 80%. The only thing unusual here is how far off trend line, we had 1400 unicorns in 2020,. In 2020, we had I think 145 IPOs; in the last two years, we've had four.
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