The founder v c dynamic is in flux. Price of money, an ecosystem has shifted. It's a new era. Things are a lot more expansive and faster. And then right now people are not doing diligence. They're not getting to know founders. Ah, they're over paying for companies. That is a recipe for bad returns. So i'm going to spend the next ten years of my life competing and overpaying for companies? No, i'm done. I don't want to deal with this craziness.
First, Jason covers OZY media's attempted deception of Goldman Sachs & investors (1:50), then covers Clubhouse's monetization problem with special guest Ashley Carman from the Verge (24:26). To wrap up, he discusses VC retirements (46:30) and Disney's Star Wars Visions (56:29).