Episode
E75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
1:17:37
Published: Sat Apr 09 2022
Description
0:00 Jason's big night out, bestie intros, All-In Summit update and more 8:01 Layoffs and shutdowns: Fast, Better.com, GoPuff; Chamath gives a macro- and micro- overview for startups 14:09 Preventing layoffs, culpability in Fast's shutdown, VC diligence strategy, VC/founder model 41:51 Elon buys a 9% stake in Twitter and joins the board: what does this mean for Twitter, free speech online, evolution of deplatforming 1:03:24 Food shortage update, ideal US objectives going forward Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.theinformation.com/articles/live-fast-die-young-behind-the-fall-of-a-one-click-wonder https://techcrunch.com/2022/04/08/better-com-cto-steps-down-agrees-to-voluntary-separation-in-wake-of-mass-layoffs https://techcrunch.com/2022/04/06/better-com-offering-employees-60-days-severance-losing-tens-of-millions-per-month-per-sources https://www.theinformation.com/articles/gopuff-plans-hundreds-of-layoffs-to-cut-40-million-in-costs https://articles.sequoiacap.com/rip-good-times https://sacks.substack.com/p/the-saas-board-meeting https://medium.com/craft-ventures/blitzfail-how-not-to-go-off-the-rails-24ccaf92c410 https://www.bloomberg.com/news/articles/2022-04-04/musk-takes-9-2-stake-in-twitter-after-questioning-platform https://twitter.com/paraga/status/1511320953598357505 https://twitter.com/jack/status/1511329369473564677 https://twitter.com/elonmusk/status/1507259709224632344 https://twitter.com/micsolana/status/1511360061670662149 https://twitter.com/micsolana/status/1511674851202945024 https://www.cnn.com/2022/04/06/tech/pinterest-climate-change-misinformation-policy/index.html https://gro-intelligence.com/insights/gro-predicts-us-corn-stocks-will-drop-sharply-in-2022-23 https://www.theamericanconservative.com/articles/the-state-department-failed-to-prevent-the-war-will-it-now-prevent-the-peace
Chapters
The speaker compares a six to Paris Hilton or Lindsay Lohan in their heyday, describing it as a good time but not crazy.
00:00 - 01:35 (01:35)
Summary
The speaker compares a six to Paris Hilton or Lindsay Lohan in their heyday, describing it as a good time but not crazy.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The upcoming conference will feature three themed parties and discussions about solving the world's biggest problems.
01:35 - 05:14 (03:39)
Summary
The upcoming conference will feature three themed parties and discussions about solving the world's biggest problems. Speakers are encouraged to dress according to the party themes and to share their ideas on how to solve global issues.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this episode, the speaker points out the amount of harmful chemicals found in alternative milk such as oat and almond milk, and questions the decision to choose alternative milk over regular milk regardless of lactose intolerance.
05:15 - 08:14 (02:58)
Summary
In this episode, the speaker points out the amount of harmful chemicals found in alternative milk such as oat and almond milk, and questions the decision to choose alternative milk over regular milk regardless of lactose intolerance.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The uncertain mortgage market coupled with the challenges posed by the changing market has put many businesses in a precarious position, including Silicon Valley tech companies.
08:14 - 15:52 (07:38)
Summary
The uncertain mortgage market coupled with the challenges posed by the changing market has put many businesses in a precarious position, including Silicon Valley tech companies. The Fed's handling of interest rate increases and quantitative tightening is playing a dangerous game of chicken with the market.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The success of a startup in fundraising largely depends on being aware of the current fundraising environment and adjusting strategies accordingly, including rationalizing cost structure for high burn companies.
15:52 - 18:44 (02:51)
Summary
The success of a startup in fundraising largely depends on being aware of the current fundraising environment and adjusting strategies accordingly, including rationalizing cost structure for high burn companies.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The cynical market outlook has made it difficult for capital to support new ventures and initiatives.
18:44 - 28:04 (09:19)
Summary
The cynical market outlook has made it difficult for capital to support new ventures and initiatives. Good businesses that are looking to raise capital may find it challenging to succeed in a marketplace with a limited supply of great founders and serious teams.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The institutional incentives for VCs are to be pro-founder, so the idea of governance versus advice can be a problem.
28:04 - 34:27 (06:23)
Summary
The institutional incentives for VCs are to be pro-founder, so the idea of governance versus advice can be a problem. However, VCs could still have good governance without necessarily having a whole pro-founder model.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Jason Calacanis gives tips on how to be effective on a board seat by sharing board decks and doing board training with the founders to differentiate themselves to the venture community.
34:27 - 43:18 (08:51)
Summary
Jason Calacanis gives tips on how to be effective on a board seat by sharing board decks and doing board training with the founders to differentiate themselves to the venture community. The talk also delves into Elon Musk buying a 9% stake in Twitter and joining the board.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Elon Musk has announced that he is creating a new social network that would challenge the established order of Twitter, Facebook and other social media companies, citing a desire for true freedom of speech.
43:18 - 49:08 (05:49)
Summary
Elon Musk has announced that he is creating a new social network that would challenge the established order of Twitter, Facebook and other social media companies, citing a desire for true freedom of speech.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This podcast episode discusses de-platforming and cancel culture, particularly in relation to recent incidents of individuals being fired or banned from various platforms.
49:08 - 55:32 (06:23)
Summary
This podcast episode discusses de-platforming and cancel culture, particularly in relation to recent incidents of individuals being fired or banned from various platforms. The host argues that giving into the demands of a vocal minority sets a dangerous precedent for free speech and academic freedom.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker expresses their evolving views on free speech and deplatforming, noting that while they were initially supportive of deplatforming, they are now more inclined to view free speech as a fragile pillar of society that needs to be protected.
55:32 - 1:01:48 (06:16)
Summary
The speaker expresses their evolving views on free speech and deplatforming, noting that while they were initially supportive of deplatforming, they are now more inclined to view free speech as a fragile pillar of society that needs to be protected. They suggest a time-based penalty for bad behavior and the importance of finding credible voices on both sides, with algorithmic and crowd-based assistance to determine truthfulness.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The global food supply chain was affected by the COVID-19 pandemic, leading to some countries stockpiling food and commodities to prepare for future famine.
1:01:48 - 1:09:35 (07:46)
Summary
The global food supply chain was affected by the COVID-19 pandemic, leading to some countries stockpiling food and commodities to prepare for future famine. However, different food items cannot always be substituted, and the situation highlights the lack of government control over these markets.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speakers discuss their top priorities for America's strategic objectives, with Chamath arguing that the avoidance of war in Ukraine is key, and criticizing the State Department's strategy so far.
1:09:35 - 1:16:19 (06:43)
Summary
The speakers discuss their top priorities for America's strategic objectives, with Chamath arguing that the avoidance of war in Ukraine is key, and criticizing the State Department's strategy so far.
EpisodeE75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
No meaningful information or message can be identified in the transcript.
1:16:19 - 1:17:07 (00:47)
Summary
No meaningful information or message can be identified in the transcript.