>only goal is to take 1 penny and turn it into 4 pennies That reminds me of what he said about "the thing that feels least reasonable is some early-stage valua

>only goal is to take 1 penny and turn it into 4 pennies That reminds me of what he said about "the thing that feels least reasonable is some early-stage valuations." His interests lie in driving early stage valuations down and later stage values up. And that's exactly what he's saying here.