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E101: Ye acquires Parler, Snap drops 30%, macro outlook, VC metrics, valuing stocks & more
All-In with Chamath, Jason, Sacks & Friedberg
Can You Really Earn?
Friedberg: Does this mean that these companies are now going to kind of cut costs and start spitting out cash? I think there is certainly a market incentive to do that to keep share prices up. What I think is going to be interesting and what a lot of people are watching is how many of the small and mid-cap guys can actually do that. Those that can't, it will become pretty evident pretty fast, and they'll end up in the shitter.
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