Comments

It’s rich to see Chamath criticize someone else for kissing ass

Fun fact: sequoia is a tree

Ons Gaan Nou Braai… Hats off Roelof

Crazy to think Sequoia had the potential to own 30% of the Nasdaq.

hedge funds, VC, PE, majority of them are not profitable and just F.O.S...index funds beat 90% of them any day...and that's the sad truth...if the odds are truly that "juicy" wouldn't Warren Buffett be all over it? Hint: if the Fed did not QE to the moon starting in 2009, guess where VC/PE would be right now without all that printed paper/cheap loans?

Interesting discussion about consensus. Better to be wrong together than to be right and alone. Over time, I feel the group makes better decisions this way.

The irony of having the audience full of “VCs” in a very similar situation to what Roelof addresses in the beginning…

Chammath: can we double click on that Kills me every time😂

I can’t believe Chamath is SPAC at it again ‼😂

lol, Jason fishing for compliment

✅✅✅ Sooo glad that Chamath put Jason in his place right from the get go! ✅✅✅ More of that please!🙏🏻

How many South Africans are changing the world!

He still sounds very South African, does he still speak Afrikaans?

why All-in Podcast become a 30 mins short show

24:00 I got introduced to Twitter by the original Odeo team. I had Odeo integrated on my website and they closed the service down and pivoted to Twitter.

so the better returns will come from less predictable winners, the dream is still alive for the underdogs as long as their are still venture investors who can actually bet on someone rather than a data analyst trying to play it safe

Lekker boetjie ✨ more light to you!

Jason is Awesome

Chamath is sooo mean here. Jason deserves a bravo for taking all the unnecessary insults with such class.

The most sane guy in the valley. Interview too short. What a boytjie.

Lfg

🇿🇦🇿🇦🇿🇦🇿🇦

Some comments are NOT PAYING ATTENTION, UGH? PAY ATTENTION to this conversation, WITHOUT BIAS.

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🙏

It's really great to see how investors are still human. So they can make mistakes. That's assuring for a would be Entrepreneur to know and be aware of

this made me rethink how venture capital works

finally some clarity on venture capital

i love how he breaks it down 👍

this guy really knows his stuff

When Roelof Botha said there’s too much money in venture capital, was he referring mainly to the seed-to-unicorn stages, or also to late-stage giants like Stripe, SpaceX, and OpenAI? 150–200 companies are valued at $5B+ yet they account for 50% of private-market capitalization. It’s easy to suppose that many of those firms probably belong in the public markets by now. Harder to imagine that the literal 1 million smaller startups that share the other 50% of the market are overfunded.

nice fade he got

Hey Roelof

When you say transparent, do you mean just F 15 filings or do you actually say the day of that you sell her by?

Role of Brotha? I took me a minute to understand the caption

management cost is high enough to where making smaller plays isn't profitable and that's why the failure rate is so high.. there's a self-selection from MIT to push research to market that either isn't product-ready or market-ready.. OR it's doing something people don't need at scale.. if management cost lessened then people would find a 2-5x ROI with less risk really sexy, i imagine.. but markets are drug addicted to gains that aren't real and so operators tend to over-inflate and over-problematize spaces the net is that you're encouraging a service economy by overvaluing the wharton MBA, you're undervaluing the labor pool and the grant system also has its own bad incentives that rely on socialist academia to push research into market.. it's a socialist economy and so under the socialist model you can in fact have elites be pressured to invest in VC out of guilt, like non-profits without the tax writeoff and agenda lobbying.. the cost of NOT investing in VC is too high.. and then the long-term is decay because the system relies upon imported researchers from China and imported laborers from India so if your objective is cross-border investment and global supply chain exploitation this is the current trajectory with failures points tending toward copying China's surveillance state over to the western economy which of course will push a constitutional crisis / unrest.. so i mean, actors that don't change either seem complicit or willing these outcomes into existence, and the nationalistic labor take is that an elite immigrant is still an immigrant.. i.e. the guest is not an American and so then you either flood the country with division to protect that non-American exploitation OR the labor exacts some kind of retributive justice and it's zero-sum.. with innocents hurt in the collateral damage of the inefficiency

Fun fact, venture capital is a scam and all of tech is insanely overvalued vs the actual profit and revenue made and output. Mostly just hype and financial manipulation