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E57: Understanding Omicron, tech stocks plummet, VC's great resignation, Jack Dorsey's departure
All-In with Chamath, Jason, Sacks & Friedberg
Sax, You're Cutting It Right Now.
For the first six months of the year, all you heard out of washinn the administration was this inflation was transitory. That story is base leak. That collapsed because now people can see that's persistent. They're now pricing in the risk of interstrate increases. And i think to your point, cumoth, when we were talking before about what woar private market compani's do in this situation? Well, you know, i was advising them, if you can get at a high valuation and you can get clean terms,. but just make sure that you have enough runway to fill into this valuation If there is valuation compression, which is what there is now.
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