Gerstner: High-burn, negative-unit-economic companies cease to exist when risk premiums shift
Brad Gerstner · Altimeter (with Brad Gerstner) · Acquired · Mar 15, 2022 · at 28:34
Brad Gerstner, founder of Altimeter Capital, discusses lessons learned from navigating the dot-com bubble burst and post-9/11 downturn.
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“If you are a high burn business with negative unit economics, and you fly into a world where risk premiums change, it doesn't matter how good you are, you cease to exist.”
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