E114: Markets update: whipsaw macro picture, big tech, startup mass extinction event, VC reckoning
All-In with Chamath, Jason, Sacks & Friedberg
00:00
The Inefficiency of Venture Capital
The reason that some companies are able to go public at a young age is because their ultimate earnings are much higher than other companies./nThe industry needs to pivot to operating on this principle, and focus on understanding the ultimate earnings of a company before investing.
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