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E003: People Cost, Panzerism, Asymmetric Risk, Shopify Layoffs, Flexport & More.

OPERATORS

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The Effect of Interest Rates on Valuation

Jason Calican: Treasuries are definitely the way to go right now. But actually, if you have a modest amount of leverage, you know, if you're a growing profitable business, I guess I grew up in that world. So I'm comfortable with a modest. The days of seven times,. You know, seven times, even that leverage that deals are long gone. Sean O'Neill: We got Sean and it's still going up and panzers holding steady.

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