Chapter
The Upside of Expensive Stocks
1:04:22 - 1:08:41 (04:18)
Despite a stock being expensive, investing in a business with good management, growing revenues and profits, and happy customers is still a good idea. As long as there is enough capital to support building and the focus is on product-driven and mission-driven founders, it is a great time to invest in these stocks.
Clips
Despite expensive stocks and high prices in growthy rounds, it is still a good time to invest in solid businesses that are producing great products, growing in revenue and profits, and making people happy.
1:04:22 - 1:07:09 (02:46)
Summary
Despite expensive stocks and high prices in growthy rounds, it is still a good time to invest in solid businesses that are producing great products, growing in revenue and profits, and making people happy. Capital will continue flowing to support these builders, resulting in the creation of amazing technology businesses that will impact billions of lives in the future.
ChapterThe Upside of Expensive Stocks
EpisodeE120: Banking crisis and the great VC reset
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The last five years were filled with theatrics, white papers, and ICOs with absurd valuations.
1:07:09 - 1:08:41 (01:32)
Summary
The last five years were filled with theatrics, white papers, and ICOs with absurd valuations. However, now people are building MVPs and becoming pragmatic, product-driven, and customer-centric.