Chapter
Private Companies May Get Stuck in Compressed Multiples
24:14 - 31:10 (06:56)
Private companies that raised money in private markets may struggle to go public if the public markets have compressed multiples, leading to new types of equities emerging to get companies out to the public. However, the idea of allowing a decade of forward-looking credit to investors may need to be explored further as the market evolves.
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The key to reducing COVID potency is to have it go through vaccinated people, making it important not to overreact to every variant.
24:14 - 26:06 (01:51)
Summary
The key to reducing COVID potency is to have it go through vaccinated people, making it important not to overreact to every variant. While the stock market is doing exceptionally well, the 400 stocks that people in Silicon Valley care about have been getting hit hard.
ChapterPrivate Companies May Get Stuck in Compressed Multiples
EpisodeE57: Understanding Omicron, tech stocks plummet, VC's great resignation, Jack Dorsey's departure
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
With the public markets having compressed multiples by 30-50%, private companies that have raised money in private markets may find themselves in trouble when they go public later.
26:06 - 31:10 (05:04)
Summary
With the public markets having compressed multiples by 30-50%, private companies that have raised money in private markets may find themselves in trouble when they go public later. Investors are consequently looking at protective new types of equities to retain their mark on their private valuations while bringing the company to the public with better deals.