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E43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
All-In with Chamath, Jason, Sacks & Friedberg
Catsenburg's, He Mos Talentso
Elon only self funded the first couple of hundred million in these companies. You can't just say, i'm going from zero to one with billions of dollars over decades. There is not a shred of evidence that there is an economically viable model there. And yet, billions and billions of dollars went into that company before the bw. It actually infanis agree. I disagree on that. Wan toi we coer years? Was economic viable? It just was, it a stoff. Were business. They had great gross margins. But they didn't even involve deep teckat. Didn't require any scientific breakthrough. Just required some marketing proof that le were interested in that fore
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