Thiel does speak about all asset classes not really providing the returns that the LP’s desire.
The interview with Thiel and Eric Schmitt is good in this regard. Google holding 50 billion on it’s balance sheet because they don’t see any way to invest that in a profitable way is a good illustration of those dynamics.
Thiel does speak about all asset classes not really providing the returns that the LP’s desire.
The interview with Thiel and Eric Schmitt is good in this regard. Google holding 50 billion on it’s balance sheet because they don’t see any way to invest that in a profitable way is a good illustration of those dynamics.