Bill Gates on unicorns

Synopsis

Bill Gates discusses the current state of unicorn companies, expressing concern over their decreasing value. He mentions that there is sure there is some sorting taking place in the market, emphasizing that blindly investing in tech companies is no longer a viable strategy. Gates highlights the importance of evaluating each company individually, noting that while some may have the potential to become another Google, many others may not succeed. He reflects on the unpredictability of investing in unicorns, stating that he would be hesitant to commit to a long-term investment without careful consideration of their prospects. Gates suggests that the market requires a more discerning approach to avoid significant losses, especially in the next two years.