E81: All-In Summit: Bill Gurley & Brad Gerstner on markets, downturns & investment cycles

<p>This conversation was recorded LIVE at the All-In Summit in Miami and included slides. To watch on YouTube, check out our All-In Summit playlist: <a href= "https://bit.ly/aisytplaylist">https://bit.ly/aisytplaylist</a></p> <p>0:00 Bill Gurley & Brad Gerstner break down the state and historical significance of 2022's market downturn</p> <p>12:27 How VCs will handle capital commitments from LPs, underwriting startups in the new reality</p> <p>24:14 Bull run mistakes, why VCs don't underwrite lower valuations, handling distributions</p> <p>33:52 Gurley's take on WeCrashed & Super Pumped TV series, how sophisticated investors got "gaslit" by the market, influx of capital creating consumer-surplus businesses</p> <p>47:54 Brad predicts the market for next year, Bill gives post-Benchmark plans</p> <p>Follow the besties:</p> <p><a href= "https://twitter.com/chamath">https://twitter.com/chamath</a></p> <p><a href= "https://linktr.ee/calacanis">https://linktr.ee/calacanis</a></p> <p><a href= "https://twitter.com/DavidSacks">https://twitter.com/DavidSacks</a></p> <p><a href= "https://twitter.com/friedberg">https://twitter.com/friedberg</a></p> <p>Follow the pod:</p> <p><a href= "https://twitter.com/theallinpod">https://twitter.com/theallinpod</a></p> <p><a href= "https://linktr.ee/allinpodcast">https://linktr.ee/allinpodcast</a></p> <p>Intro Music Credit:</p> <p><a href="https://rb.gy/tppkzl">https://rb.gy/tppkzl</a></p> <p><a href= "https://twitter.com/yung_spielburg">https://twitter.com/yung_spielburg</a></p> <p>Intro Video Credit:</p> <p><a href= "https://twitter.com/TheZachEffect">https://twitter.com/TheZachEffect</a></p>