The Quarter Twelfth Trillion of Private Equity

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Over the next three years, i think you're probably counting % of that is private equity or more maybe 70 ot er cent oserational. That's wor grig and tiny, right? I mean, if you're saying 25 billion over three years, that's like eight billion of total v c dollars deployed a year. Back slesh yereer, that number was, let's be o m os run em. Well, what number of people at these companies is necessary to run them? E, we're looking at a twitter with eight thousand. You're looking at gle and even some of the start ups, they got fatiand they have a soat salaries. An

This conversation was recorded LIVE at the All-In Summit in Miami and included slides. To watch on YouTube, check out our All-In Summit playlist: https://bit.ly/aisytplaylist

0:00 Bill Gurley & Brad Gerstner break down the state and historical significance of 2022's market downturn

12:27 How VCs will handle capital commitments from LPs, underwriting startups in the new reality

24:14 Bull run mistakes, why VCs don't underwrite lower valuations, handling distributions

33:52 Gurley's take on WeCrashed & Super Pumped TV series, how sophisticated investors got "gaslit" by the market, influx of capital creating consumer-surplus businesses

47:54 Brad predicts the market for next year, Bill gives post-Benchmark plans

Follow the besties:

https://twitter.com/chamath

https://linktr.ee/calacanis

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg