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E65: VC markup dynamics, Russia/US tensions over Ukraine, Altos Labs raises $3B, Stripe mafia & more
All-In with Chamath, Jason, Sacks & Friedberg
Is There a Risk of Recession and War?
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Powell: The risk is potentially an over correct, but he's not lacios. He'll be the first fed governor to ave caused two recessions. Stocks are down 60%, most of them shouldn't have even been public companies in the first place. And maybe they should have been private investments where more than two thirds were likely to fail as public companies. But that distinction starts to present significant opportunities in a market condition like this.
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