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E58: November's CPI, preparing for a downturn, macro outlook, Better.com's botched layoffs & more
All-In with Chamath, Jason, Sacks & Friedberg
The Incentives and Motivations of the Big Investors
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There's a difference between what your responsibility is as a board and that of the big investor. They don't care if you die, they care if one out of ten companies goes a hundred x. You do not need borsit to be influential. Do not expect that just because they're betting on a big winter that they're expecting you will be the big winner. It's theyre indifferent. As long as they have one go a hundred acts, it's fine ot an, matter what happens to you. And i met eurie milner, whe came to a certain proker game, not to play, just to say hi. He looked at me, because, j
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