DiscoverHard Fork‘Venture Capitalists Are Going to Turn Into Vulture Capitalists,’ and Other Predictions From Andrew Ross Sorkin
‘Venture Capitalists Are Going to Turn Into Vulture Capitalists,’ and Other Predictions From Andrew Ross Sorkin

‘Venture Capitalists Are Going to Turn Into Vulture Capitalists,’ and Other Predictions From Andrew Ross Sorkin

Update: 2022-06-273
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Stocks tumbling, inflation soaring and interest rates climbing — it’s clear America’s economy has hit some turbulence. And yet President Biden says a recession is “not inevitable.” Andrew Ross Sorkin, the founder and editor at large of DealBook at The New York Times, sat down with Kara Swisher to unpack our economic woes, predict what happens next and diagnose what Washington could have done differently.

In this conversation, they discuss how the pandemic highlighted our economic dependence on China and helped pave the way for both a crypto boom and the subsequent bear market. They break down the futures of companies from Netflix and Disney to Coinbase and Twitter, and discuss whether activist employees will continue to wield power with their corporate employers. And Andrew helps explain why airfares are so damn expensive.

You can find transcripts (posted midday) and more information for all episodes at nytimes.com/sway, and you can find Kara on Twitter @karaswisher.

Comments (1)

ncooty

Ugh, it is so tiresome to hear repetitions of failed economic orthodoxy. E.g., the guest conveyed a view that economics is mostly a matter of natural laws rather than of public policies, that economic value trickles down (flowing from capital to labor), that labor costs are what cause price increases (and the corollary, that high unemployment lowers prices), etc. That's all garbage; it's demonstrably false storytelling to justify the enrichment of the rich based on exploitation. It's a shame that no matter how many times these false stories lead to disasters, people still believe and repeat them.

Nov 24th
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‘Venture Capitalists Are Going to Turn Into Vulture Capitalists,’ and Other Predictions From Andrew Ross Sorkin

‘Venture Capitalists Are Going to Turn Into Vulture Capitalists,’ and Other Predictions From Andrew Ross Sorkin

New York Times Opinion