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E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
All-In with Chamath, Jason, Sacks & Friedberg
I'll Invest a Seed Stage, but I Will Not Invest a Unicorn Stage
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We've seen over and over again that when a company gets. a billion dollar plus valuation without a product, invariably it sands up somewhere between disappointment and outright fraud. We need to roll this clip because there is somebody who is giving exceptional advice on sand by s. If i can't see and use the product, i'm not investing. I'll investin a seed stage, but i will not investit a unicorn stage. The only market in which that's not true is in biotechnology. Well, i would say for fisker and nicola, two relate companies, those ones seem very, very shaky. These stocks are athing. Do landwe o, what do they
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