The conversation between @matt_levine and I is up on Bloomberg here: https://www.pscp.tv/bopinion/1OyKApWNXAoxb …
Topics include how convertible debt works, how investment banks create value, what folks outside tech misunderstand about VCs' motivations, the unit economics of marketplaces, etc.
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I hate tooting my own horn but I will happily toot the heck out of Matt: you should *certainly* read Money Stuff. I do daily. It's the best column on either tech or finance. You can get it here: http://link.mail.bloombergbusiness.com/join/4wm/moneystuff-signup?source=msweb …
12:39 PM - 8 Aug 2019
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