Kamala surges, Trump at NABJ, recession fears, Middle East escalation, Ackman postpones IPO

4112.912 - 4136.255 Chamath Palihapitiya

So most of these organizations now are approaching a trillion dollars of capital raised. And they tell investors, well, look, don't worry about the returns anymore. Worry about the 2% because that's like our revenue. And we're generating $20 billion a year of revenue that'll grow at some rateable proportion. We'll manage the teams. We'll compensate them well. But there'll be lots of profitability.