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
David Friedberg
So if you actually were to sit down and do the Black-Scholes modeling of the value of the synthetic call option that he's selling you with the convertible note, there's a reason people are paying for it. They think that there's value there. So there's certainly something to the structure that makes sense. All right.
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