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E73: Late-stage VC markdowns and mistakes, market strategy, Ukraine/Russia update with Brad Gerstner
All-In with Chamath, Jason, Sacks & Friedberg
The Late Stage Private Finance Market Is Closed
The late stage private finance market inventore is closed a because there hasn't been right we're in this byor lers stand off. Sellers aren't to the point where they're willing to accept that a new regime of multiples exists, right? It's painful. We sal younow the insticart news here recently. But i think, like listen, we're not even ten or 20 % of the way into the psychic reset that needs to occur in order for us to see real price discovery. That's not going to occur until these companies need money or want to go public. This fall, is when we'll start to see realprice discovery.
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