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E164: Zuck’s Senate apology, Elon's comp package voided, crony capitalism, Reddit IPO, drone attack
All-In with Chamath, Jason, Sacks & Friedberg
M&A, Buybacks, and CEO Compensation
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This chapter explores the concepts of M&A and buybacks in relation to excess capital profits, as well as the impact of CEO compensation on stock prices. It delves into the differences between motivated CEOs and those who make poor decisions, and discusses the contrasting systems of crony capitalism and risk capitalism.
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