2min chapter

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

E78: VC fund metrics that matter, private market update, recession, student loans, Bill Hwang arrest

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Linkage Is Crazy, Ok?

Bill wang and c f o were arrested on wed Wednesday and charged with racketeering, wire froud an conspiracy. They famously lost 20 billion dollars over two days when they were margin called a back in march of 20 21. At its peak, the firm was managing 36 billion with a hundred and 60 billion of exposure,. which is four point five times leverage. The linkage is craziness, ok? Go mno, no o. Hold on. Cimothew had some thoughts on this, i think so. First, i think we should probably explain how he did this, right?

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