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.
Yes, but part of risk is that it comes with people losing their fortune. Elon Musk is richer then any Rotschield.
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.