E141: State of Series A's, VC dry powder, IPO window opens + more with Bill Gurley & Brad Gerstner
01:36:00 Share

(0:00) Bestie intros: Friedberg's bad haircut

(1:17) Welcome BG^2! Biography recommendations and film talk

(22:27) VC market update: State of Series A's

(33:43) Dry powder misconceptions, marking incentives

(48:57) IPO window starting to open, IPO down rounds, incentives to go public

(1:03:17) Cyclical venture cycles, managing distributions, benchmarking VC performance vs public market

(1:22:26) Tragic Maui wildfires, extreme temperatures

(1:26:11) Macro picture: inflation cools, deflation risk?

Follow the besties:

https://twitter.com/chamath)

https://linktr.ee/calacanis)

https://twitter.com/DavidSacks)

https://twitter.com/friedberg)

https://twitter.com/altcap)

https://twitter.com/bgurley)

Follow the pod:

https://twitter.com/theallinpod)

https://linktr.ee/allinpodcast)

Intro Music Credit:

https://rb.gy/tppkzl)

https://twitter.com/yung_spielburg)

Intro Video Credit:

https://twitter.com/TheZachEffect)

Referenced in the show:

https://youtu.be/xmYekD6-PZ8)

https://www.amazon.com/Setting-Table-Transforming-Hospitality-Business/dp/0060742755)

https://www.amazon.com/Steve-Jobs-Walter-Isaacson/dp/147770146X)

https://www.amazon.com/Elon-Musk-Spanish-Walter-Isaacson/dp/B0CBTHK86N)

https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996)

https://www.amazon.com/Man-Arena-Selected-Writings-Roosevelt/dp/0765306700)

https://www.amazon.com/Shoe-Dog-Memoir-Creator-Nike/dp/1501135910)

https://www.amazon.com/Alexander-Hamilton-Ron-Chernow/dp/1594200092)

https://www.amazon.com/Something-Autobiography-Vintage-Akira-Kurosawa/dp/B0C3D5NDJX)

https://www.amazon.com/Born-Standing-Up-Comics-Martin/dp/B017QUU3EO)

https://www.amazon.com/Writing-Memoir-Craft-Stephen-King/dp/1439193630)

https://www.amazon.com/Autobiography-Malcolm-told-Alex-Haley/dp/0345379756)

https://www.linkedin.com/posts/peterjameswalker_cartadata-seriesa-valuations-activity-7092542118803488768-vOcY)

https://www.theinformation.com/articles/venture-firms-still-writing-small-checks-despite-271-billion-in-dry-powder)

https://twitter.com/bgurley/status/1688605654188224512)

https://finance.yahoo.com/chart/SN)

https://www.google.com/finance/quote/CAVA:NYSE)

https://finance.yahoo.com/quote/SRFM)

https://twitter.com/altcap/status/1686086247029055489)

https://www.wsj.com/articles/university-endowments-mint-billions-in-golden-era-of-venture-capital-11632907802)

https://www.youtube.com/watch?v=Hhy7JUinlu0)

https://twitter.com/gokulr/status/1680006171149869056)

https://www.statista.com/statistics/277501/venture-capital-amount-invested-in-the-united-states-since-1995)

https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm)

https://www.bloomberg.com/news/newsletters/2023-08-10/disinflation-wave-the-bloomberg-open-americas-edition)

https://www.nytimes.com/2023/08/09/business/china-economy-inflation.html)

https://twitter.com/KobeissiLetter/status/1689010884062904320)