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All-In with Chamath, Jason, Sacks & Friedberg

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

5086.599 - 5109.356 David Friedberg

The way it seems... Well, I think the way the Saylor... financial structure is set up is it looks a lot like a synthetic call option on bitcoin you get a convertible note so you earn a coupon on the note and then you have a conversion price which is a premium to the stock price which you can translate if you look at the book value or the net asset value of the stock

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