The Compound and Friends cover image

The Bet

The Compound and Friends

00:00

The Problem With Alibaba's Model

There was a thought that there was an arbitrage between the private markets and the public markets. Tiger Global's vision fund was up marked to market, $60 or $70 billion. It's probably more than anyone had ever made in that space. But it wasn't... Given the time sheets,. So they were the conductors of the musical chairs and everybody was dancing to their sound and they had to do deals.

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