Chapter
Hard Decisions in Silicon Valley
46:10 - 55:52 (09:41)
The economic business model in Silicon Valley enables poor governance and irresponsible decision-making, which will lead to some individuals running into a brick wall because they refuse to make tough decisions. While there is a debate about supply-side economics, the ability to produce desired goods and services ultimately determines wealth.
Clips
The culture of tolerance and economic business model of Silicon Valley supports irresponsible decision-making and poor governance, which will continue to be exaggerated, ultimately leading to some running themselves into a brick wall because of their inability to make tough decisions necessary in the industry.
46:10 - 55:01 (08:51)
Summary
The culture of tolerance and economic business model of Silicon Valley supports irresponsible decision-making and poor governance, which will continue to be exaggerated, ultimately leading to some running themselves into a brick wall because of their inability to make tough decisions necessary in the industry.
ChapterHard Decisions in Silicon Valley
EpisodeE83: Market slide continues, and how to address Uvalde
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses the inconsistency in venture capitalists' attitudes towards information rights, where they previously fought against it but now readily provide information to help generate revenue.
55:01 - 55:52 (00:50)
Summary
The speaker discusses the inconsistency in venture capitalists' attitudes towards information rights, where they previously fought against it but now readily provide information to help generate revenue. Furthermore, the speaker questions the competence of the newly hired mid-level investment partners who lack experience and mentorship in the field of investing.