Trump's Cabinet, Google's Quantum Chip, Apple's Flop, TikTok, State of VC with bestie Keith Rabois

4244.212 - 4267.245 David Friedberg

Those investors can take those companies public today. There's a public market appetite at all times for anything, just depends on the valuation. And the real issue right now is that a lot of the VCs, the late stage private equities, the ones that did the big markups in the late stage D rounds, E rounds, et cetera, they don't want to take these things out and take a 60, 70% haircut on the IPO.