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'Venture Capitalists Are Going to Turn Into Vulture Capitalists,' and Other Predictions From Andrew Ross Sorkin

[MUSIC] (SINGING) When you walk in the room, do you have sway?

I'm Kara Swisher, and you're listening to "Sway." Today's guest is my esteemed colleague, Andrew Ross Sorkin.

He's the founder and editor-at-large of "DealBook" at The New York Times and co-host of CNBC's "Squawk Box." I wanted to talk to him about the economic roller coaster we're navigating today.

Whether it's the S&P or crypto, it seems like the markets are a mess.

Andrew Ross Sorkin, welcome to "Sway." Hey, Kara, thanks for having me.

OK, I want to start with the stock market, obviously, something you cover all the time, covered for many years.

This month, the S&P has had its worst week since March 2020. How long do you think it's going to be in free fall?

Everyone's debating whether it's a recession or not.

So start with the stock market, because many people have a lot of their wealth in it.

Well, predicting the stock market, of course, is always a fool's errand.

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