2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Government Should Have Authority to Negotiate Prices

I think this is an excellent part of the bill. I think that the government should have authority to go and negotiate. They're the largest buyer of these drugs. And so I'm hopeful that this will actually provide a more effective market force in allowing the biggest customer in the market to negotiate prices. VCs instead of making 48% IRR, they'll ultimately make 28% IRR on the investments that they're making in biotech startups.

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