VC Legend Bill Tai: The "New Era" of Valuations

The Interview: Legendary venture capitalist Bill Tai is an expert in identifying exponential trends. He has been an angel investor in more than 20 companies that have gone public, including Zoom and Dapper Labs. Tai returns to Real Vision to share with co-founder and CEO Raoul Pal what makes an exponential valuation and how the low interest rate environment has caused a surge in P/E multiples, richly rewarding high-growth technology companies. The two discuss how the current wave of NFTs and the adoption of the Metaverse unlock a new layer of value that brings economic empowerment, resulting in a new style of business based around community and platforms. Recorded May 7, 2021. Key Learnings: Tai is now looking to invest in companies with massively asymmetric risk, such as healthcare and renewables, where he sees potential for network effects to be created in these sectors. He shares his guiding principles behind every technology company he invests in: lower the friction to a use case, increase replicability of the behavior, and build a back end tuned for great scalability. To continue the discussion with fellow Real Vision members on Raoul and Bill's interview, click here to visit the Exchange: https://rvtv.io/3uHKsUL. Learn more about your ad choices. Visit podcastchoices.com/adchoices