5min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E1: US Response to COVID-19 & Impact on Startups, Venture Capital & Public Markets with David Friedberg

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What's Happening in the Capital Market?

i think it's important to understand that, ahpino, if we can nip the problem in the bud, which is the disease itself in the bud. And right how close are we to fixing them to be fixed? I don't mean with the vaccine and i don't mean by curing it, but testing and data-gathering and so on. If we don't figure out how to bring some calm into the financial markets, it will leave all these people a with less money than they had before. The distribution of outcomes would tell you there is zero point in taking the risk if you don't have to. It cannot come roaring back.

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