All-In with Chamath, Jason, Sacks & Friedberg
Hurricane fallout, AlphaFold, Google breakup, Trump surge, VC giveback, TikTok survey
David Friedberg
They overpay, they mispay, they're probably not supposed to be a GP in the first place, and so they force returns down. And then when you contrast that again to a public market that is systematically creating $800 billion of enterprise value a year, this is an incredibly tough game and it's getting much, much harder.
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