3min chapter

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

E7: California's collapse, how SPACs are opening the markets for growth stocks & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What's the Biggest Loss in Private Markets?

The market has become more efficient, and the excess return is getting eaten up. The valuation as a result of the liquidity available in that market is so much higher. Frieberk: I think we have to give bes dec a lot of credit for leading the spack movement. Trim op: What's your take on everybody copying you down the spack path?

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