This is the sixth of our annual letters where we share our reflections, key observations, and learnings over the past year, including how the economic and technological trends of the year have shaped our thinking and our investment portfolio.
Unrealized values are marked down (e.g., written down due to poor performance), potentially bringing down TVPI (never seen it before personnaly). Or maybe a miscalculation or misunderstanding in how remaining portfolio value is assessed, undervaluing the remaining investments.
Thank you for writing. We know that government always has an incentive to spend money on new technology. In the case of AI, do we think US spending will make any difference in success versus failure? We know if they regulate AI, it will hurt.
Congratulations on your worldly success. What an incredible series of accomplishment's. It is a shame I never came across this before as I just claimed bankruptcy from bad business ventures. No good luck needed for you Mr Chamath.
For Fund II, how is the DPI higher than TVPI?
Unrealized values are marked down (e.g., written down due to poor performance), potentially bringing down TVPI (never seen it before personnaly). Or maybe a miscalculation or misunderstanding in how remaining portfolio value is assessed, undervaluing the remaining investments.
Thank you for writing. We know that government always has an incentive to spend money on new technology. In the case of AI, do we think US spending will make any difference in success versus failure? We know if they regulate AI, it will hurt.
Bizarre question I know, but are the "8" numerals in the initial graphic upside down!?
lol it does look like it
Congratulations on your worldly success. What an incredible series of accomplishment's. It is a shame I never came across this before as I just claimed bankruptcy from bad business ventures. No good luck needed for you Mr Chamath.
It's sweet that you publish these.
Hi! Are you involved with Social Capital? I'm interested in speaking about something regarding a venture Social Capital was involved in.