Brad Gerstner, Founder of Altimeter, Interview w/ Elad Gil

Venture capital and public market investing require a disciplined approach to risk and reward, particularly during transformative technological cycles like the current AI boom. Brad Gerstner, founder of Altimeter, advocates for a crossover strategy that leverages public market research to inform private investments, ensuring a fair distribution of risk. While AI represents a massive shift comparable to the internet, investors must distinguish between fleeting hype and durable value capture to avoid the pitfalls of past market bubbles. Beyond market strategy, addressing the decline in public faith in capitalism is essential. The InvestAmerica initiative proposes seeding every American child with a government-backed investment account to democratize wealth creation and ensure broader participation in the nation's economic engine, ultimately strengthening the country's long-term stability and innovation potential.