Shit You Don't Learn in School cover image

37. Should Billionaires Exist?

Shit You Don't Learn in School

00:00

Is There Really a Billionaire?

i think it's a little bit of an overstep to expect some one to do something right? We can hope that billionaires are the type of people to want to re demploy their wealth. I also did pull up a stat about venture capital funding, and jus shows how effective money in he private markets can be. But crunch base tracts unicorns, so companies worth a billion dollars themselves. And they tracked around 879 private companies, which are valued at three trillion dollars. Altogether, those companies raised 564 billion dollars, which means they basically had a six ex return. i don't think you can really point to anything in the government that has that same ind of six x

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app