2min chapter

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

E49: Coinbase CEO reflects on controversial blog, state of the markets, 1000 unicorns, tax reform & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Index of Private Companies to Day Is Going to Be Worth More Than the Four Hundred Trillion Dollar Market Cap of All the Public Companies

We now have over six thousand publicly traded companies on us. S chimoth: These unicorns, given the advantages that are inn kind of evolving from soft ware and like, sciences and so on, do end up kind of playing out. It's going to be ugly andn what'll happen is you'l end up seeing the a symmetry. You'll see something that's a thousand x, get a hundred xper turn, it'll become a hundred billion dollar public company or twentr billion dollars public company. And thenthere'll be a bunch of em. They're gong to die.

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