Any plans to do 2019 annual letter?
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Will publish one late feb / early March when audited financials are done.
- Još 2 druga odgovora
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nice letter. congrats and some good points you raise. why is there such a big difference between gross and net returns? thanks!
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Fees and carried interest...
- Još 2 druga odgovora
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the VC and insurance analogy basically spells out the perils of having compensation/revenue tied to a % of dollars pass from one side through to another (management fees in VCs case, medical loss ratios in the health insurance case)
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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How does a retail investor invest in Social Capital? That was the beauty of Berkshire.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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“The real expense in a startup shouldn’t be their bill from Big Tech but, rather, the cost of real innovation and R&D” And “...deep learning has barely scratched the surface of its potential applications.” Preach

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Thanks for the transparency Chamath. When can we see you on CNBC to talk about Bitcoin again? You are one of the few that can really effectively communicate the Bitcoin message to the masses.pic.twitter.com/p3vl6qEHTG
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The standards for understanding finance are weak in SV. Chamath thinks that convertible bonds are pari passu or even senior to other debt in a capital structure. I was the compliance officer at Templum and have seen inside the crypto universe, where even the smartest are dumb.
Kraj razgovora
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Čini se da učitavanje traje već neko vrijeme.
Twitter je možda preopterećen ili ima kratkotrajnih poteškoća u radu. Pokušajte ponovno ili potražite dodatne informacije u odjeljku Status Twittera.
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