Episode
E7: California's collapse, how SPACs are opening the markets for growth stocks & more
1:16:16
Published: Wed Sep 09 2020
Description
Follow the crew: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://bio.fm/theallinpod Bestie recommendations: Chamath: https://www.amazon.com/Americana-400-Year-History-American-Capitalism/dp/0399563792 Sacks: https://taibbi.substack.com/ https://andrewsullivan.substack.com/ Friedberg: https://www.amazon.com/Godfather-Mario-Puzo/dp/0451205766 https://www.amazon.com/Titan-Life-John-Rockefeller-Sr/dp/1400077303/ref=sr_1_1?dchild=1&keywords=john+d+rockefeller+titan&qid=1599625893&s=books&sr=1-1 Jason: https://www.amazon.com/Fish-That-Ate-Whale-Americas/dp/1250033314/ref=sr_1_1?dchild=1&keywords=the+fish+that+ate+the+whale&qid=1599625909&s=books&sr=1-1 https://www.amazon.com/I-Love-Capitalism-American-Story/dp/073521624X/ref=sr_1_1?dchild=1&keywords=i+love+capitalism&qid=1599626013&sr=8-1 0:00 The gang recap their summers 6:43 Is California collapsing? Why or why not? Has the one-party system failed? 14:05 Understanding the bureaucratic side of California's problem 20:37 AB-5 & the working rights of freelancers 27:11 How would AB-5 passing impact Uber & Lyft's long-term profitability & consumer experience, could franchising fix this? 34:45 California lagging in police reform, what tactical steps could be taken to stop deadly policing 46:13 Chamath on the most important economic event of the last decade & why he is now bullish on the market 50:46 Why technology companies should be going public sooner, how SPACs are allowing retail investors access to growth stocks 1:01:23 Election talk - who is in the lead ahead of the first debate? 1:12:21 Bestie recommendations
Chapters
The speaker discusses the challenges of indoor dining and the requirement of safety measures such as wearing a mask and using hand sanitizer.
00:00 - 01:21 (01:21)
Summary
The speaker discusses the challenges of indoor dining and the requirement of safety measures such as wearing a mask and using hand sanitizer. The speaker also addresses the riots, fires, and rise in COVID-19 cases in San Francisco.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker expresses feeling sad and overwhelmed while watching events like the riots, wildfires and the U.S. election unfold, and also talks about the challenges of sending kids to school during the pandemic.
01:21 - 06:48 (05:26)
Summary
The speaker expresses feeling sad and overwhelmed while watching events like the riots, wildfires and the U.S. election unfold, and also talks about the challenges of sending kids to school during the pandemic.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The problem of homelessness is a complicated issue and requires a multipronged approach.
06:48 - 12:28 (05:40)
Summary
The problem of homelessness is a complicated issue and requires a multipronged approach. Drug overdoses due to fentanyl is also an alarming concern.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker ponders if there's a resource curse issue in San Francisco, where the government isn't effective due to a preoccupation with capturing resources.
12:28 - 20:21 (07:52)
Summary
The speaker ponders if there's a resource curse issue in San Francisco, where the government isn't effective due to a preoccupation with capturing resources. They also discuss how California may struggle with implementing police reform and its impact on quality of life and work.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The dynamics state Supreme Court decision set the criteria that defines an employee vs an independent contractor leading to laws like AB5 in California.
20:21 - 26:21 (05:59)
Summary
The dynamics state Supreme Court decision set the criteria that defines an employee vs an independent contractor leading to laws like AB5 in California. The law affects gig workers in Lyft and Uber, among other industries.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In a world where there are infinite local markets, consumers want simplicity and efficiency when ordering products or services.
26:21 - 35:30 (09:08)
Summary
In a world where there are infinite local markets, consumers want simplicity and efficiency when ordering products or services. Franchising models will be the key to success for companies within these markets and higher order consumer entities like Facebook, Google and Apple will be instrumental in enforcing user experience and abstraction of these services.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The conversation shifts towards solutions for gun control and police reform in the US, with emphasis on rethinking how police officers are trained and the potential of required body cameras.
35:30 - 46:35 (11:05)
Summary
The conversation shifts towards solutions for gun control and police reform in the US, with emphasis on rethinking how police officers are trained and the potential of required body cameras.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A discussion about the advantages of transitioning to the public markets, including the potential for higher valuations and access to a broader investor base.
46:36 - 54:41 (08:05)
Summary
A discussion about the advantages of transitioning to the public markets, including the potential for higher valuations and access to a broader investor base.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Chamath Palihapitiya discusses the rise of Special Purpose Acquisition Companies (SPACs) and why going public may be a better option for early-stage companies.
54:41 - 1:00:49 (06:08)
Summary
Chamath Palihapitiya discusses the rise of Special Purpose Acquisition Companies (SPACs) and why going public may be a better option for early-stage companies.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The improvement in the economy and COVID-19 is a winning pitch for Trump, making it challenging for Biden to respond.
1:00:49 - 1:05:52 (05:03)
Summary
The improvement in the economy and COVID-19 is a winning pitch for Trump, making it challenging for Biden to respond. He has found his sales pitch in opposing the radical left and the protests causing unrest, looting, and violence.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The public's opinions on Biden's "movement and party" are now associated with his governing philosophy, while people might dislike Trump, but are less favorable to the Biden party.
1:05:53 - 1:08:58 (03:05)
Summary
The public's opinions on Biden's "movement and party" are now associated with his governing philosophy, while people might dislike Trump, but are less favorable to the Biden party. It was also noted that Trump started wearing masks 6-7 weeks ago, and some people think he timed it for political gain.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The US has experienced progress over the years in terms of income, healthcare, shelter, and access to food, but there is still a need for a great national debate as the country faces challenges with its current democracy.
1:08:58 - 1:12:14 (03:16)
Summary
The US has experienced progress over the years in terms of income, healthcare, shelter, and access to food, but there is still a need for a great national debate as the country faces challenges with its current democracy. The US is navigating through an awkward transitional phase, unsure of what is to come next.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The hosts discuss their top recommendations for summer reading, TV shows, and binge-worthy content, while also touching on the topic of monopolies and the role of technology in shaping society.
1:12:14 - 1:15:27 (03:13)
Summary
The hosts discuss their top recommendations for summer reading, TV shows, and binge-worthy content, while also touching on the topic of monopolies and the role of technology in shaping society.
EpisodeE7: California's collapse, how SPACs are opening the markets for growth stocks & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Chamath Palihapitiya and guest speakers discuss recommended book reads "The Fish That Ate the Whale" and "I Love Capitalism" by Ken Langone, focused on the biographies of successful business leaders.
1:15:27 - 1:16:12 (00:45)
Summary
Chamath Palihapitiya and guest speakers discuss recommended book reads "The Fish That Ate the Whale" and "I Love Capitalism" by Ken Langone, focused on the biographies of successful business leaders.