All-In with Chamath, Jason, Sacks & Friedberg
"Founder Mode," DOJ alleges Russian podcast op, Kamala flips proposals, Tech loses Section 230?
Chamath Palihapitiya
It's telling you that the people that own it have realized that it's less of a technology business and it's more of a cyclical business. business that ebbs and flows with the ability to spend money on behalf of the consumer. So now all of a sudden you're put into a different bucket and you grow as people's belief ebbs and flows about the amount of spending that consumers have.
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