AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
E85: SBF's crypto bailout, Zendesk sells for ~$10B, buyout targets, US diplomacy, AlphaFold & more
All-In with Chamath, Jason, Sacks & Friedberg
The Man With Telem Would Not Be Reluctant to Do That, Because Wit Snuck
4min Snip
00:00
Summary
Transcript
Episode notes
Sofor's reported gap earnings are negative because of the stock base comp expense meaning that they're issuing. Google, by the way, is actually not deluded. They they by back shares with their extra cash. But a lot of software businesses and tech companies in general, have had to rely on issuing shares to compensate employees for the work that they do. So even though the corps fundamental of the business is generating cash, and cash is going up every year, the business doesn't know how to get out of this cycle.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode