The way you do it is recycling. We take some of those dollars, and instead of returning em, we re invest them with no fees. So i commit to investing a hundred % of the fund. But also in that 300 million dollar fund are my fees. I mus water, youre im under waterlan as i give tyou a house,. You get a mortgage, you're paying interest, and then you decide to redo the kitchen, you'reunder water. And maybe the house grows in value over the next five years, and then at some point you're above water. Yes. It's known, it's expected, yes, and it's, it's slightly new
Jason breaks down the 2 metrics he uses to to assess Robinhood's Q2 earnings (1:43) and Amazon entering Department Store retail (16:39). Then, Mark Suster from Upfront Ventures joins (24:07) to discuss venture metrics, community as a moat, why high valuations don't necessarily mean a bubble & more.