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E38: Bestie brawl, Robinhood's $70M fine & S-1, Delta variant, future of the political parties, FTC takes losses against big tech & more
All-In with Chamath, Jason, Sacks & Friedberg
When Do I Distribute?
If the stock were to go ten axts, and you get 20 % of those shares, if therewere a hundred shares, you had 20. If at ten xs, you're till getting 20 %, right? Shomot, it nets out to the same if you hold the shares yourself. This is why i think that if you're in the business of running a multi fund business, i think you're better off generally. And so essentially, your preventing your l ps from selling, is what you're doing.
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