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Evidence receipt / belief

Published · transcript-backed

Speaker unverified: belief

17 Oct 2022 Acquired Benchmark Part II: The Dinner

“The Bruce's counter argument, which I think is 100% right, isn't the worst economic arrangement, because the returns will be higher, so you'd be happy to pay the fees.”

— Speaker unverified

Source trail

Everything needed to verify it.

Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
belief
Recorded
17 Oct 2022
Publisher
Acquired

Transcript context

…As your LP commitment goes up and you're paying fees and carry on. The Bruce's counter argument, which I think is 100% right, isn't the worst economic arrangement, because the returns will be higher, so you'd be happy to pay the fees. This is one of the thesis of every successive generation of technology should be bigger outcomes, because you're addressing bigger markets.…

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