The Stock Market Is Not Doing Well, Is It?

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We are in the middle of a massive growth sector drawdown, ok? The the multiples on these companies are shrinking. Companies like snowflake and helaton a sor cloud flare doom, we're trading at 70 to a hundred times revenue. And people are revaluating whether those multiples are worth it,. Because those are very high quality companies. Look, it's like bringing pepto bismal to mexico. If you're worried about an upset stomach, don't go to mexica. Oka D we just lost seven % of the audience, youbet. But you'r thing, you wouldn't invest in these converts for these kind of companies that need

(0:00) Bestie Intro: Miami talk, gambling stories, Nancy Pelosi's retirement plans

(12:30) Understanding the Omicron variant

(24:49) Tech stocks plummet: why the selloff?

(33:44) Inflation: here to stay? What's the 10-year outlook?

(44:57) Anticipating a "Great Resignation" of successful VCs

(54:45) Tech people ruining Art Basel, comparing Bay Area / South Florida immigrant communities in terms of political activity, success of Indian-Americans in tech

(1:02:08) Mike Bloomberg donates $750M to charter schools

(1:07:52) Jack Dorsey's departure from Twitter, what it means for free speech

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