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E81: All-In Summit: Bill Gurley & Brad Gerstner on markets, downturns & investment cycles
All-In with Chamath, Jason, Sacks & Friedberg
Venture Capital
Venture capital firms are heavily dependent on performance in the hottest part of the cycle. "The best way protect yourself against the downside as to enjoy every last bit of the upside," says Bill Ackman, co-founder and CEO of Pershing Square Capital Management. The firm has invested more than $1 billion into companies since 2009.
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