Brad Gerstner

speaker
3,957 appearances 19 recordings 4 series first heard Apr 2025 last heard 17 Sep

Brad Gerstner’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
4 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 17 in all, peaking in Jun 2026 with 4.

Appearances

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Right?
In compounding.
And so it's really remarkable.
Let's go.
And this doesn't include some of the Wild West of SPVs that have been unraveled recently.
Correct.
people charging 10% load-in fees, double carry, and a lot of gray market, off-market stuff.
This is also having a profound impact, Gavin, on employees at these companies that I wanna hear about because you've seen it up close and personal with SpaceX, and they have a very orderly process here.
So why don't we start there?
What impact is this having on the employees, Gavin, and then on the market,
How orderly is this?
And who are the buyers?
Are the buyers the sucker at the table?
Are these family offices, high net worth individuals who keep hearing us talk about Anthropic or SpaceX or Andrel and they just say, I have to own the name and they're not discerning.
So Gavin, maybe you could start about the impact on the SpaceX employees you saw firsthand, et cetera.
Especially in year seven, eight, or nine of working at the company, and you tell your spouse we're worth 10 million on paper, 30 million on paper, and you don't own your home.
Why is it happening?
This is founders don't want, let's just call it what it is.
Founders don't want to be under a microscope.
They want to build and enjoy life and have it easier than being on the public market, microscoped.
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