There are many more tullers in the system competing for a similar opportunity set. Start ups are a great way to invest for a decade and to get more alpha if they do break out. The other impact might not just be all these great exits. It could be also that people think the stock market is a little overheated, and they're looking for other alternative assets.
Jason gives his take on the letter from a group of employees to Tim Cook about Apple's return to work (1:00), then Fatima Dicko the CEO and Founder of Sugar discusses pivoting in the pandemic (25:54), what amenities apartments will offer in the future (45:39), and more. Then Jason wraps with a "button" on investing when valuations are high, where there is value to be found, and more (58:44). http://bit.ly/e1227tnotes