Tech Investing, Tesla, and the Bubble in Stocks & Venture Capital (w/ Mike Green & Josh Wolfe)

TL;DR

In a wide-ranging interview, venture capitalist Josh Wolfe discusses technological advancements, the state of private markets, and his views on the 2020 U.S. presidential election.

Transcript

MIKE GREEN: Well, you can tell by the smile on my face, I'm happy to be here. I'm sitting down with one of my best friends, Josh Wolfe, so excited to be back here in New York and chatting with you. Welcome back to Real Vision. JOSH WOLFE: Symmetrical happiness. Always thrilled to be with you. MIKE GREEN: Every time you come on the show, we get to t... Read More

Key Insights

• 😚 Technology is becoming more intimate and close to humans, driven by the trend of increasing integration and proximity of computing devices.
• 🧑‍💻 The concentration of capability within major tech companies like Google and Facebook can impact the trajectory of technological advancements.
• 👾 Access control and in-home deliveries are expected to be major areas of growth in the self-driving technology space.
• 🔒 The private markets, especially private equity and venture capital, are experiencing elevated valuations and increased liquidity.
• 🧑‍💼 The 2020 U.S. presidential election and the choice of a candidate who represents professionalism and preserves the dignity of the office is important for Wolf.
• 😀 The future of public markets may face challenges due to the dominance of passive indexation and potential liquidity risks.

Questions & Answers

Q: What were the key reasons behind the sale of CTRL-labs to Facebook?

The sale was driven by the strong capital investment and liquidity opportunities offered by Facebook, along with the potential for widespread adoption of CTRL-labs' technology in the future.

Q: How does Thomas Reardon, the founder of CTRL-labs, perceive the concentration of capability within Facebook?

Reardon believes that the current concentration of power is not a major concern, drawing parallels to Microsoft's past dominance and the positive impact Bill Gates has had on global issues.

Q: Will self-driving technology lead to increased trust between humans and machines?

Yes, as self-driving technology advances and develops coordination and communication protocols, trust can be built between humans and autonomous vehicles.

Q: How do you expect the valuation of Variant Pharma to change in the future?

Wolfe believes that there is significant potential for growth in Variant Pharma's valuation as the company continues its search for rare genetic traits in populations and develops treatments based on them.

Summary & Key Takeaways

• Wolfe talks about the sale of CTRL-labs to Facebook, highlighting the inevitable trend of technology becoming more intimate and close to humans.

• He discusses the concentration of capability within companies like Google and Facebook, and whether it affects the trajectory of technological advancements like CTRL-labs.

• Wolfe also shares insights about Variant Pharma and its goal of identifying rare genetic traits in populations and developing treatments based on them.

• He touches on self-driving technology, the challenges it faces, and the potential impact on various industries, including access control and in-home deliveries.