All-In with Chamath, Jason, Sacks & Friedberg
Kamala surges, Trump at NABJ, recession fears, Middle East escalation, Ackman postpones IPO
Chamath Palihapitiya
Facebook makes a social network. It can last for 20 or 30 years. The business of making bets is typically something that can only be measured in days or weeks, maybe months at best. And so I think what he ran into was that realization. It's very hard to get people to value an institution in this way. And so the thing did not work. He'll go back and he'll retool.
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