2min chapter

ACQ2 by Acquired cover image

Comparing the Dotcom Crash to Today (with Tom Cowan from TDM)

ACQ2 by Acquired

CHAPTER

The 2023 Memo on Liquidity

Hill liquidity can be a feature to keep you from panicking. Because we do public and private, we get to see that. And so in our private businesses, all we're thinking about is how that business is performing. We're not thinking about the value of that business every day. Only one person in the office has any idea really what's happening in our market on a given day. That flashing green and red screen is not a good thing in our view.

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