investment banks
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Jul 13, 2020 by Chamath Palihapitiya · across every show →
Everything said about investment banks, oldest first
Jul 13, 2020 negative
Palihapitiya: Traditional IPOs are corrupted by investment banks underpricing shares
“Traditional IPOs are very fraught with principal agent problems by the banks who try to feed cheap stock and, you know, poor price performance to other customers of theirs. Namely, the prime brokerage customers of their trading business.”
Oct 6, 2025 bullish
Feldman: AI will surpass human entry-level workers at spreadsheets and research summaries
“I think what it means to be entry level in a company will change a great deal because what entry level has generally meant in consulting firms and at investment banks has been doing shit work in particular being really good at spreadsheets and writing summarie…”