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E101: Ye acquires Parler, Snap drops 30%, macro outlook, VC metrics, valuing stocks & more
All-In with Chamath, Jason, Sacks & Friedberg
How Do You Define DPI?
Venture capital firm DPI is what your mark is. That's where you're carrying the marks total value to paid in capital. So this could be just so we're clear. It's a little confusing to people. You have a company on your books that on paper is worth 10 billion. And on paper, you've got this 10x return, right? Right. But let me just point out, because that's an interesting year, Jason. Yeah.
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