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E43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
All-In with Chamath, Jason, Sacks & Friedberg
Stock Options in Zimargin
In the early sage, seea i rip, i rip in 50 k to five million dollar checks all the time. I could care less if it sounds reasonable, id take a punt at it, r but the minute that i'm writing a hundred or 200 or 500 million dollar check i pay faken attention? Yes, because it's my money. It's my money. And ind go back to this when it's not their money, you're going to see this thing riddled with fraud. The person that pays the price is the employee who mistakenly think that these folks must know what they're doing. They don't really care theyr doing a job. They want to get paid themselves
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