public markets

also referred to as: public market

4 statements across 4 episodes · 1 bullish · 1 bearish · 3 people on the record · first statement Sep 30, 2020 by Chamath Palihapitiya · across every show →

Everything said about public markets, oldest first

Sep 30, 2020 positive
Opinion
Chamath: Companies should go public sooner to capture public market premiums
“The crazy thing is like once that company transitions to the public markets, I mean, all of a sudden, if you actually turn the investor base over and you actually create a float so that public market guys can buy it, they'll pay 30 times. 35 times, 40 times. S…”
Chamath Palihapitiya Sep 30, 2020 ▶ 1:23 SPAC talk with Chamath Palihapitiya, David Friedberg, David Sacks & Jason Calacanis | from Episode 7
Nov 13, 2021 neutral
Insight
Friedberg: Low interest rates push market time horizons out 10-20 years
“But regardless, the market is clearly right now in in productive assets, businesses, the market is looking at a time horizon that it has never looked at before, which is making bets that are at 10 15, 20 years in the future. And that's because of the condition…”
David Friedberg Nov 13, 2021 ▶ 36:16 E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
Dec 16, 2022
Assertion Partly supported
Sacks: Public markets value median SaaS companies at 5.5x revenue
“So the public markets right now are valuing the median SAS company at about five and a half times and a high growth, that'd be for like a 20% year over year growing company. And they're valuing the high growth companies at maybe eight times, you know, and Tomo…”
David Sacks Dec 16, 2022 ▶ 55:04 E108: Doxing debate, Nuclear fusion breakthrough, state of the markets & more
Aug 26, 2023 bearish
Opinion
Friedberg: There is currently no functional public market for tech IPOs
“I don't think there is a public market right now.”
David Friedberg Aug 26, 2023 ▶ 43:47 E143: Nvidia smashes earnings, Arm walks the plank, M&A market, Vivek dominates GOP debate & more
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