Okay, Computer 11/2/22: Outlier People Create Outlier Returns: A Conversation with GGV Capital’s Jeff Richards

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 1 November 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dan talks with Jeff Richards, GGV Capital Managing Partner, about Big Tech’s ugly third quarter (1:00), Jeff’s bullishness on cloud infrastructure (5:00), how startups and small businesses are adapting to rising interest rates (10:30), finding silver linings in the outlook for 2023 (14:10), if Mark Zuckerberg’s enormous bet on the metaverse will break Meta (20:00), how much longer the valuation reset for private companies will last (30:00), and why Jeff thinks Elon Musk will turn Twitter into a much better product 12 months from now (33:45). ---- Check out our show notes and transcript here ---- Email us at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We’re on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page

Transcript

Click on a timestamp to play from that location

0:00.0	Okay, welcome to Ok Computer.
0:03.0	I am Dan Nathan.
0:04.0	I am joined with Jeff Richards, managing partner at GGV Capital.
0:09.0	Jeff, welcome back to OkCompeter.
0:11.0	Thanks for having me.
0:13.0	All right, it's been a little bit.
0:14.0	You and I talked, I think, the last week of August.
0:16.0	There was plenty to talk about the markets, at least on the public side, had just had this huge rip over two months
0:22.5	over the course of the summer into mid-August and the NASDAQ.
0:25.6	And there was many names in the NASDAQ.
0:27.2	I think, you know, was up nearly 20%, but there were stocks up 50, 60, 70%.
0:32.3	I know that you and I spent some time talking about that over the course of this past year.
0:36.5	You and I have talked
0:37.7	about the lag effect from what goes on in public markets into private markets. We definitely
0:43.3	want to update that. And I think, you know, you and I are both a little bit, I don't know,
0:48.9	left very quizzical about this Elon must take over of Twitter and what it means not only just for
0:56.4	Twitter, what it means for Tesla, what it means for the man who's now the CEO of three really
1:01.8	important companies, right, and what it could mean for technology M&A going forward. So let's hit all
1:08.7	of that. Let's start with public tech earnings. Here we are. We're on
1:12.6	the other side. I think, you know, we're close to done of Q3 earnings. And last week was pretty
1:17.6	fascinating. When you think about, you know, Apple, Amazon, Alphabet, Microsoft, meta, all reporting.
1:24.3	Four of them had massive one-day declines, you know, hundreds of billions of dollars
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from RiskReversal Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of RiskReversal Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.