Episode
E66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
1:38:55
Published: Sat Feb 05 2022
Description
0:00 Sacks' shining moment 2:34 Bestie Guestie Ryan Petersen joins to break down the supply chain situation: core issues, solutions, things to look out for 45:49 $FB's major pullback: causes, headwinds, and why going all-in on the Metaverse might have been a "frothy market mistake" 55:28 Breaking down the competition in the "XR Wars": Meta, Apple, Microsoft and Google; why a phone might have been a better $10B/year bet for Facebook, Google's strategic brilliance 1:09:14 Spotify's Joe Rogan situation: positions, speech rights, division amongst free speech 1:23:08 Reflection on Baby Boomers' transition from radically free speech and anti-government to authoritarian, misinformation changing over time, using science to discredit science 1:30:10 Xi Jinping and Putin are deepening their relationship: what does this mean for the world, and how should the US strategically respond? 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.google.com/finance/quote/INGR:NYSE https://www.forbes.com/sites/stevebanker/2021/04/23/walmarts-massive-investment-in-a-supply-chain-transformation/?sh=41a6b18340ed https://www.cnbc.com/2022/01/20/peloton-to-pause-production-of-its-bikes-treadmills-as-demand-wanes.html https://twitter.com/typesfast/status/1451543776992845834 https://www.google.com/finance/quote/FB:NASDAQ https://www.cnbc.com/2022/02/02/meta-reality-labs-reports-10-billion-loss.html https://www.cnbc.com/2022/02/02/facebook-says-apple-ios-privacy-change-will-cost-10-billion-this-year.html https://www.google.com/finance/quote/PYPL:NASDAQ https://www.google.com/finance/quote/SNAP:NYSE https://www.cnbc.com/2022/02/03/facebook-and-google-stocks-have-diverged-and-the-reason-is-apple.html https://twitter.com/GavinSBaker/status/1462831115572596744 https://www.google.com/finance/quote/NFLX:NASDAQ https://www.google.com/finance/quote/AMZN:NASDAQ https://twitter.com/DavidSacks/status/1489321225520238592 https://bariweiss.substack.com/p/get-ready-for-the-no-buy-list https://www.nytimes.com/2022/01/26/arts/music/spotify-neil-young-joe-rogan.html https://www.theverge.com/2022/2/3/22915456/spotify-ceo-joe-rogan-daniel-ek-town-hall-speech-platform-podcast https://www.dailymail.co.uk/news/article-10475473/Barack-Michelle-Obama-preparing-shop-new-podcast-partner-amid-outcry-Joe-Rogan.html https://www.washingtonpost.com/arts-entertainment/2022/02/02/spotify-rogan-white-house-covid-misinformation https://twitter.com/ggreenwald/status/1488252747489202181 https://twitter.com/ggreenwald/status/1489258034865971205 https://www.thewrap.com/tucker-carlson-liberal-viewership-fox-news https://twitter.com/echeloninsights/status/1487118055582965762 https://twitter.com/MonmouthPoll/status/1488180589505167372 https://www.wsj.com/articles/russias-vladimir-putin-meets-with-chinese-leader-xi-jinping-in-beijing-11643966743 https://www.voltairenet.org/article215540.html
Chapters
Peter plays a 10 game simultaneous challenge against 10 people at once, and wins all the games.
00:00 - 01:51 (01:51)
Summary
Peter plays a 10 game simultaneous challenge against 10 people at once, and wins all the games. A party with a keg is thrown in the parking lot after the victory.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses the issues related to labor in ports and the infrastructure related to ports such as the availability of ships, trucks, and chassis which can cause delays in logistics.
01:51 - 07:13 (05:22)
Summary
The speaker discusses the issues related to labor in ports and the infrastructure related to ports such as the availability of ships, trucks, and chassis which can cause delays in logistics. Also, he points out the impact of COVID-19-related labor shortages.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker is worried about revenue shortfalls in companies dependent on supply chains since the revenue can drop a couple of quarters after the supply chain problems hit them.
07:13 - 13:46 (06:33)
Summary
The speaker is worried about revenue shortfalls in companies dependent on supply chains since the revenue can drop a couple of quarters after the supply chain problems hit them. Concerns arise because people don't realize that capital equipment such as machines used in production systems are typically assembled last minute.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The integration of supply chains and ownership of the infrastructure may become a competitive advantage for bigger companies, however over-inventory may lead to an enormous capital problem in the future when consumption shifts from physical assets to services.
13:46 - 19:36 (05:49)
Summary
The integration of supply chains and ownership of the infrastructure may become a competitive advantage for bigger companies, however over-inventory may lead to an enormous capital problem in the future when consumption shifts from physical assets to services.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
President Biden, known for being union-friendly, has the potential to navigate negotiations with unions in a way that Trump could not.
19:36 - 26:13 (06:37)
Summary
President Biden, known for being union-friendly, has the potential to navigate negotiations with unions in a way that Trump could not. Temporary waivers or the easing of small obstacles could be implemented to help with the current supply chain backlog and inflation concerns.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The government generally owns ports but licenses them to be operated by private companies.
26:13 - 33:51 (07:37)
Summary
The government generally owns ports but licenses them to be operated by private companies. The business model of ports is to act as a public good while subsidizing domestic production, as international labor is often cheaper.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses the $17 billion allocated to improve US ports, the lack of clarity on how the money is being spent, and proposes redirecting funds to modernize a port and set an example of what shipping should look like in the U.S.
33:51 - 42:05 (08:13)
Summary
The podcast discusses the $17 billion allocated to improve US ports, the lack of clarity on how the money is being spent, and proposes redirecting funds to modernize a port and set an example of what shipping should look like in the U.S.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The CEO of Lightspeed Venture Partners discusses simple solutions for port congestion issues and some of the reasons behind the drop in Facebook's stock and projected revenue.
42:05 - 46:12 (04:07)
Summary
The CEO of Lightspeed Venture Partners discusses simple solutions for port congestion issues and some of the reasons behind the drop in Facebook's stock and projected revenue.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The recent drop in Facebook's market cap by $250 billion and their previous rebranding as 'Meta', before the actual Meta product existed, has called into question the company's branding strategy and the future of the stock as a trade and for the company as a whole.
46:12 - 55:01 (08:48)
Summary
The recent drop in Facebook's market cap by $250 billion and their previous rebranding as 'Meta', before the actual Meta product existed, has called into question the company's branding strategy and the future of the stock as a trade and for the company as a whole.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The potential of augmented reality as the next computing modality is discussed, and the four main contenders- Apple goggles, Google Glass, HoloLens and Metas Oculus- are evaluated based on their chances of winning.
55:01 - 1:04:46 (09:44)
Summary
The potential of augmented reality as the next computing modality is discussed, and the four main contenders- Apple goggles, Google Glass, HoloLens and Metas Oculus- are evaluated based on their chances of winning. The importance of tracking technology and Google's advantage is emphasized.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The criticism on Facebook's antitrust is unfair and Facebook shouldn't be the only company being targeted, as it has become a platform where people can express their thoughts and opinions.
1:04:46 - 1:11:05 (06:19)
Summary
The criticism on Facebook's antitrust is unfair and Facebook shouldn't be the only company being targeted, as it has become a platform where people can express their thoughts and opinions. The politicians should be more straightforward with their concerns about Facebook's misinformation section, rather than blaming them for antitrust.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The idealistic view of platforms as just access points without censorship or regulating content is proving to be wrong as companies such as Google, YouTube, Twitter, and now Spotify are demonstrating.
1:11:05 - 1:16:07 (05:01)
Summary
The idealistic view of platforms as just access points without censorship or regulating content is proving to be wrong as companies such as Google, YouTube, Twitter, and now Spotify are demonstrating. The democratization of information that these companies aimed for is now causing tension as the responsibility of censoring and regulating content is shifting to these platforms who are essentially becoming publishers.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Comedian, Joe Rogan's recent commentary on censorship has stirred up controversy, especially among young people who believe that it has gone too far, and that Democrats have lost their minds.
1:16:07 - 1:21:04 (04:56)
Summary
Comedian, Joe Rogan's recent commentary on censorship has stirred up controversy, especially among young people who believe that it has gone too far, and that Democrats have lost their minds. His opinions have debunked the idea of censorship being justified, especially during these tumultuous times.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this podcast, the speaker discusses the use of the term "science" as a way to justify subjective beliefs and how the process of science should instead involve inquiry and challenging hypotheses.
1:21:04 - 1:27:31 (06:27)
Summary
In this podcast, the speaker discusses the use of the term "science" as a way to justify subjective beliefs and how the process of science should instead involve inquiry and challenging hypotheses. They also touch on the controversy surrounding Joe Rogan's comments on vaccines and the need for informed discussion on the topic.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
China is marking its leadership goals and its foreign policy will change with a new historical condition.
1:27:31 - 1:32:33 (05:01)
Summary
China is marking its leadership goals and its foreign policy will change with a new historical condition. The statement from China is an indication of what is to come with a different cohort of people that are also going to have an equal say in the new world order.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The US has allocated billions of dollars to build domestic semiconductor capabilities to reduce their dependence on Taiwan.
1:32:33 - 1:37:35 (05:01)
Summary
The US has allocated billions of dollars to build domestic semiconductor capabilities to reduce their dependence on Taiwan. Meanwhile, to counteract Russia's resource imbalance and maintain the American world order, they must follow Obama's example of diffusing tensions with Ukraine.
EpisodeE66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The hosts say goodbye and tease some of the topics they'll cover in future episodes.
1:37:35 - 1:38:39 (01:04)
Summary
The hosts say goodbye and tease some of the topics they'll cover in future episodes.