Chapter
The continuing disruption cycle in Technology
40:31 - 47:37 (07:05)
The disruption of old school industrial businesses by technology, automation, ESG angle investing, and life sciences may lead to acceleration in a continuing disruption cycle for the next decade or two. Paper money can create more incentives, but a valuation reset or inflation could lead to a real problem, taking a long time to work its way through the venture ecosystem.
Clips
The embedded risk in venture capital lies in the incentive today to drive as much growth as possible because a large step up in B makes IRRs look amazing and the C looks greater than the B, although preferred financing valuations are used to set marks only.
40:31 - 42:41 (02:09)
Summary
The embedded risk in venture capital lies in the incentive today to drive as much growth as possible because a large step up in B makes IRRs look amazing and the C looks greater than the B, although preferred financing valuations are used to set marks only.
ChapterThe continuing disruption cycle in Technology
EpisodeE52: Trump's SPAC, peak venture liquidity, tech as an economic ladder, Dems overplaying their hand
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The ideal approach for institutional investing is to go all-in, and then get some more chips as fast as possible.
42:41 - 45:17 (02:35)
Summary
The ideal approach for institutional investing is to go all-in, and then get some more chips as fast as possible. Through this, you can make your dollars work as hard as possible and return the average of the market at the worst.
ChapterThe continuing disruption cycle in Technology
EpisodeE52: Trump's SPAC, peak venture liquidity, tech as an economic ladder, Dems overplaying their hand
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The increasing technological progress shows that the peak of the disruption cycle would be the beginning of a new period of market cap disruption that may persist for decades.
45:17 - 47:37 (02:20)
Summary
The increasing technological progress shows that the peak of the disruption cycle would be the beginning of a new period of market cap disruption that may persist for decades. The old school industrial businesses are getting disrupted by ESG investing, automation, software, life sciences, and other technologies that are emerging, and it may accelerate from here.