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E1: US Response to COVID-19 & Impact on Startups, Venture Capital & Public Markets with David Friedberg
All-In with Chamath, Jason, Sacks & Friedberg
Is There a Leverage Effect?
Companies are not, you know, self contained units. Most of them operate in a very interconnected, socially dependent way with other companies. When revenue goes down, the economic impact is actually multiplied. So it so becomes a very complicated, non linear kind of system that you have to try and fill the holes. We all agree bottom up is the way to do this.
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