All-In with Chamath, Jason, Sacks & Friedberg
Big Fed rate cuts, AI killing call centers, $50B govt boondoggle, VC's rough years, Trump/Kamala
Chamath
They get spread then. What happens to customers? They get spread across 20 different products competing for the same customer. And then what happens with, you know, ownership stakes for us as GPs and LPs, Chamath, the ownership stakes, because the valuations went up so much, they got spread like peanut butter. And instead of a Series A getting you 20% of a company, it got you 10.
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