2min chapter

Library of Mistakes cover image

Ep 8: Lex Greensill and the Pyramid of Lies (with Duncan Mavin)

Library of Mistakes

CHAPTER

The Vision Fund

One year later, when the vision fund gets involved. And in the course of eight weeks of due diligence, they put in 800 million and value the company at three point five billion. It's just, it's just amazing. A but it is kind of typical of the vision fund right? You know, this is a hundred billion dollar fund that makes lots of bets and accepts that some of them won't pay off. Soat i think they also were looking to invest in visionary founders, fast growin businesses, tech driven finance businesses.

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