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E97: SPAC updates, public/private market overview, Putin's end game & more
All-In with Chamath, Jason, Sacks & Friedberg
Is There a Playbook for Adverse Selection?
Adverse selection means negative actors seek out bad deals and bad investors/nDiligence cannot be outsourced to previous round investors/nCavalier recognition of revenue can lead to bad deals/nEarly stage deals with high valuations may not make sense
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