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The Debt Ceiling Looms, What Next? | Weekly Round Up

Inflection Point

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The Distorsions of Passive Versus Active DeFi

On the margin's Mike Green says private equity has been a money machine for so long that people look at it as impregnable. But now interest rates are backed up, isn't that impact private equity? And I've got is no, it's actually somehow good for our business too. The data corroborates your pattern and when lots of money gets raised into a sector like private equity, growth equity, you get returns that are very low. That just doesn't make intuitive sense to me.

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