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E135: Wagner rebels, SCOTUS ends AA, AI M&A, startups gone bad, spacetime warps & more
All-In with Chamath, Jason, Sacks & Friedberg
The Discipline of Capital Allocators
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There are only a few legends in our business. Most people, and I think it was shy Goldman that did the math on this, most people do not know how to run these businesses well. This is about fundamentally inexperienced people doing a job that seems pretty easy from the outside. It took decades for them to pinch Bernie Madoff after he defrauded thousands of investors over 10 years. That will play out in AI as well.
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