All-In with Chamath, Jason, Sacks & Friedberg
Hurricane fallout, AlphaFold, Google breakup, Trump surge, VC giveback, TikTok survey
David Friedberg
You should explain the loop here, which is you go and get a mortgage. The bank says you need to get insurance if I'm going to lend you the money to buy the home. So then a bunch of insurers need to decide that they're willing to underwrite that area. And then when they give you that insurance, they then want to lay that risk off and go to reinsure. Is that the cycle?
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