The Cyclone Under the Surface

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[00:02:30] - [First question] - What it’s been like investing over the pandemic

[00:06:14] - The way he thinks about multiples, how they’ve done, and where they’re going

[00:09:14] - Themes that most have his attention in our current economic landscape

[00:19:25] - The ways in which wage inflation negatively impacts the market

[00:25:39] - How semiconductors have evolved and what matters in that subsector

[00:32:47] - Software volatility and the roller coaster it's been on lately

[00:35:52] - A future state where infrastructure overtakes apps

[00:41:03] - Key differences between internet and software and how they behave

[00:43:44] - The coming trend of the metaverse and his reaction to public adoption

[00:49:26] - Investor and business opportunities in adopting tech trends

[00:53:54] - An unfolding mismatch between private and public market multiples

[00:57:17] - How the competitive landscape of venture capital might evolve

[01:05:54] - Differences in recruiting and training talent in private and public markets

[01:10:20] - Sci-Fi novels that he’s read recently; Dune, A Wizard of Earthsea, Culture, Hyperion