2min chapter

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

E91: SoftBank's $21B+ Vision Fund loss, signals of a bubble, macro picture, Trump raided by FBI

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

You're Saying, Don't Distribute, Use Ded and Give Peope, Give Elpies of All Liquidity

When you own some private shares, you have more insight than everybody. You got a massive information edge ecause it's all based on insider information before it's public. And paring your positions in privates can be amazing, because you have some overvalued company. So for venture funds, i think when you start hitting these 50 hundred xis paring ten %, paring 20% along the way.

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