Episode
E29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
1:18:41
Published: Sat Apr 17 2021
Description
Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg https://twitter.com/altcap Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Referenced in the show: Statista - Death rates from coronavirus (COVID-19) in the United States https://www.statista.com/statistics/1109011/coronavirus-covid19-death-rates-us-by-state Tweets: https://twitter.com/bgurley/status/1382737752794353664 https://twitter.com/DavidSacks/status/1382874547179950082 https://twitter.com/DavidSacks/status/1382466963885199362 https://twitter.com/DrewHolden360/status/1382477293797400581 https://twitter.com/chamath/status/1383073577386201094 Show Notes: 0:00 Bestie intro & crowning a new SPAC king 3:01 Coinbase's direct listing, comparing vehicles to go public & lockup periods, Sacks on Coinbase vs. NYT 12:06 David Sacks on running for governor 15:21 Brad & the besties react to the crazy Q1 in the markets, a16z's savvy buying moves with Coinbase, issues with short-term behavioral lock-in 32:37 Top insights from Bezos' letter to shareholders, Amazon employees reject the union in Alabama 50:27 Reacting to Drew Holden's recent thread on media double standards in covering each party 54:28 Federalism's benefits throughout COVID, State-by-state results reveal lockdowns didn't work, vaccine incentives and PR due to J&J decision 1:04:20 Degradation of faith in institutions accelerated by COVID 1:09:26 Republican Senator Josh Hawley calls for big tech antitrust reform, bypassing institutions for progress
Chapters
David Sachs is running for governor and is joined by Brad Gershiner, the king of all spacks.
00:00 - 01:56 (01:56)
Summary
David Sachs is running for governor and is joined by Brad Gershiner, the king of all spacks. They are also joined by the queen of quinoa, David Freedberg.
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Grab founder Anthony Tan discusses SPACs versus traditional IPOs and how the company was able to save over a billion dollars through their decision to go public using a SPAC.
01:56 - 15:38 (13:42)
Summary
Grab founder Anthony Tan discusses SPACs versus traditional IPOs and how the company was able to save over a billion dollars through their decision to go public using a SPAC.
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses the benefits of having long-term conviction in investing and not making short-term decisions based on market fluctuations.
15:39 - 37:18 (21:38)
Summary
The podcast discusses the benefits of having long-term conviction in investing and not making short-term decisions based on market fluctuations.
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses the influence of unions and politicians on workers and businesses, as well as the lack of negotiating power in government spending.
37:18 - 52:27 (15:09)
Summary
The podcast discusses the influence of unions and politicians on workers and businesses, as well as the lack of negotiating power in government spending.
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speakers opine on the low travel demand and how the government has failed in rolling out the vaccine.
52:27 - 1:16:15 (23:48)
Summary
The speakers opine on the low travel demand and how the government has failed in rolling out the vaccine. Institutions have broken their promises to align their outcomes with the goals of society, which is aggravated by their interest in expanding their power.
EpisodeE29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast hosts engage in light-hearted banter, joking around and discussing savings and behavioral economics.
1:16:15 - 1:17:31 (01:16)
Summary
The podcast hosts engage in light-hearted banter, joking around and discussing savings and behavioral economics.