I’m waiting for some friends to come over for a dinner party, so I’ll just let Penn do all the talking.
You need to watch this whole thing – truly brilliant.
In related news, Venture Capitalist Jeff Nolan had this to say:
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This clearly hasn’t happened.
Instead what appears to be happening is that companies are using their strong cash positions to embark on a new age of M&A, pay down debt, and buy back stocks… none of which will lead to job creation.
Fun. I like when people I admire make a lot of sense.