Fed Hesitates on Tariffs, The New Mag 7, Death of VC, Google's Value in a Post-Search World
4Description
(0:00 ) The Besties intro Philippe Laffont!
(2:12 ) Miami F1 Recap!
(12:10 ) Fed holds rates steady on tariff uncertainty
(32:47 ) Google drops after Apple sees fall in search queries on Safari
(56:48 ) Creating a new Mag 7
(1:07:00 ) Private markets: Is traditional VC dead? Philippe details Coatue's new fund structure and what makes a great investor
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Referenced in the show:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20250507a.htm
https://blog.google/products/search/statement-press-reports-about-search-traffic
https://x.com/EconomyApp/status/1915501252420784499
https://x.com/Similarweb/status/1920026287625658628
https://openai.com/index/leadership-expansion-with-fidji-simo
https://files.pitchbook.com/website/files/pdf/Q1_2025_PitchBook-NVCA_Venture_Monitor_19001.pdf
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