The Ledger, every show

“I think that from now where we're recording this in April of 2020, I think that by the end of 2021, we'll see Bitcoin hit a 100,000 dollar price point”

“The only thing that correlates to outsized returns across different economic boom and bust cycles is being early in the best deals, right? So check size doesn't matter. Follow-on decision-making doesn't matter.”

“The Bitcoin halving is coming, and that's just when the daily incoming supply, the number of Bitcoin that get created each day, is gonna get cut in half, from 900 Bitcoin to 450. So like, I always joke, if you went to Economics one-on-one class, supply and de…”

“I think Solana is going to go up a lot. It's going to go up a lot more than Bitcoin. I think it's going to go up a lot more than Ethereum in this specific bull market. Cause it's a smaller market cap. There's a lot of energy and excitement around it and all th…”

“One of the things that I personally think we're not going to get this for probably three to five years, but we're going to look back three to five years from now. We're going to say the death rates that were originally thought are going to be nowhere near wher…”

“There have been, you know, a ton of academic studies that have shown if you take an investor's portfolio and you sit them down and you say, can you please stack rank your portfolio in terms of who should have the best outcome and who should have the worst outc…”

“And so what Varda does is they've created a space manufacturing facilities. They launched them up into space. They're right now manufacturing drugs in zero gravity. And then they're bringing it back to earth.”

“He was in New Jersey and he was responsible for three percent of the state's budget and the taxes he personally paid. And he moved to Florida.”

“99% at one point of all of the deaths in Italy had either some other health concern or a pre-existing condition.”

“Demographically China is basically doing what the U.S. Did, you know, 50 years ago, right? They've got a much younger population and kind of the way that they're growing.”

“My opinion is that it'll probably go, it'll crack 2000, but it won't go past 2500, right? So it'll kind of end up in like a 2020, a hundred dollar gold price point.”

“QQQ's been compounding it, call it, 1313 and a half, maybe 14%, depending on what their starting point over the last decade or so. The average venture fund, if you give them all the credit for their paper marks, 17% a year or something, maybe 18%. So if you ju…”

“And he went from owning zero Bitcoin in July of 2020 to today he has more than 210,000 Bitcoin, which is more than one percent of the Bitcoin network.”

“They have only like a 80 or 85 employees. I believe that they've publicly said that the company's been profitable and they're selling a hardware product plus all of the software.”

“And I think at one point he was the single largest outside shareholder of Amazon and owned like 15%.”

“We issued a million dollar bet to anyone on Wall Street. And we were like, we'll take Bitcoin. You take any other asset, like just pick anything over the next 10 years. If you beat us, like you get a million bucks. If Bitcoin outperforms, we get a million buck…”

“BuzzFeed has over a thousand employees. They do four hundred million dollars in revenue, and the company's worth fifty million dollars in the public market.”

“And I think the same thing's going to happen here. Unfortunately, Is we're just going to continue to see a widening of that wealth inequality gap because the rich, right? And it's not even the top, it's like the top two percent understand how the game is playe…”

“The last team I worked on was something called the social good and goodwill team. And that team was tasked with a pretty interesting mandate, which was go do good things in the world using the size, scale, and advantage that Facebook has, but don't worry about…”

“The very first fund that I ever managed was about a three and a half million dollar micro VC fund. Maybe the biggest LP externally was like a hundred K. You're me and a buddy, and we're like, are we good at this? Do we like doing this? Can we do just enough mo…”

“The stock went from 51 cents, worth a couple hundred million dollar market cap at the time, to today the stock trades somewhere between three dollars and 30 cents and three dollars and 50 cents.”

“There's over ten billion dollars that have flowed into these assets.”

“And so he was the first public company that wasn't like a crypto miner or something like that to go and say, I'm going to put like 85% of my balance sheet into Bitcoin.”

“Julian was like, hey, this kid, Chase Coleman, who now runs Tiger Global, he's leaving. I'm gonna give him some money. And he sent him down to go talk to Mark and Mark gave like the sixth and seventh million dollar to Chase Coleman to start Tiger Global.”

“There's a book that I recently read where he was the only investor to outperform the S and P 500 for 10 years straight in the nineties.”