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E139: Recapping Chamath's wedding, VC surplus, unions vs Hollywood, room-temp superconductors & more
All-In with Chamath, Jason, Sacks & Friedberg
Unions' Focus on Short-Term Compensation vs Long-Term Equity
Unions often prioritize short-term compensation over long-term equity/nOwners may sell their stake in a sports team due to increasing valuations and a desire to cash in/nPlayers like Michael Jordan and LeBron James have created significant value for the NBA, but may not capture the majority of that value/nLabor contracts can limit flexibility in making necessary business changes
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