Okay, Computer: Private Tech Snaps Back to Reality: Freestylin’ with Rick Heitzmann & Chamath Palihapitiya
RiskReversal Pod
The Bottom in Private Tech Is Here
I think when limited partners really become disciplined about keeping people honest about distributions because in a moment like this when your asset allocation goes upside down the most important thing are who can generate DPI who actually gets money back into your pocket forget paper markups. When those folks leave the market those companies now become more prone to get reprised accurately as that set of GPs will say I need to return money and that's where guys like us can step in with clean balance sheets and lots of money to go and reprice these. let the chips fall where they may if you just think about public markets for instance you know some of these high valuation names without profits they started correcting early 2021 right so by
