Episode

E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
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1:29:43
Published: Sat Feb 19 2022
Description

0:00 Sacks needs the ball 1:43 Trudeau invokes emergency powers to try and stop the truckers protest 13:45 Bitcoin's role in decentralizing currency away from potentially hostile governments 25:37 San Francisco Board of Education recall: what this means for the boundaries of progressivism 42:02 Assessing Tiger Global's new strategy: less late-stage private companies, more Series A and B rounds, more compressed public tech stocks 1:11:24 HIV stem cell breakthrough, Sacks gives some hot takes on Fauci 1:24:59 Sacks' vendetta corner: Sacks vs. Paul Graham 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.bloomberg.com/news/articles/2022-02-17/police-begin-financial-squeeze-trudeau-defends-emergency-edict https://www.thecountersignal.com/news/rcmp-ban-34-crypto-wallets-from-working-in-canada https://bariweiss.substack.com/p/get-ready-for-the-no-buy-list?utm_source=url https://twitter.com/Jason/status/1494534850090442752 https://twitter.com/juliettekayyem/status/1491757167308902405 https://twitter.com/juliettekayyem/status/1491789181428715521 https://www.nytimes.com/2022/02/16/us/san-francisco-school-board-recall.html https://twitter.com/garrytan/status/1493876167085944834 https://sanfrancisco.cbslocal.com/2021/05/24/covid-funding-loophole-san-francisco-school-reopening https://www.bloomberg.com/opinion/articles/2022-02-18/wokeism-has-peaked-in-america-but-is-still-globally-influential https://twitter.com/Jason/status/1493860336713097218 https://twitter.com/MikeBloomberg/status/1494009394257870848 https://theliberalpatriot.substack.com/p/the-democrats-coming-asian-voter https://www.theinformation.com/articles/tiger-global-d1-capital-signal-pullback-from-big-private-tech-deals-amid-market-rout https://www.wsj.com/articles/woman-appears-cured-of-hiv-after-umbilical-cord-blood-transplant-11644945720 https://twitter.com/phil_hellmuth/status/1494144604555206656 https://twitter.com/DavidSacks/status/1493296369796202496

Chapters
Shaq gives basketball advice, emphasizing the importance of teamwork and passing the ball to the big dog.
00:00 - 01:08 (01:08)
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Basketball
Summary

Shaq gives basketball advice, emphasizing the importance of teamwork and passing the ball to the big dog.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
The Canadian government has invoked an emergency law to freeze the bank accounts of protesters opposed to the construction of a pipeline in British Columbia.
01:08 - 11:56 (10:48)
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Canadian Government
Summary

The Canadian government has invoked an emergency law to freeze the bank accounts of protesters opposed to the construction of a pipeline in British Columbia. The law requires financial institutions to examine customer records and take action against people involved in or aiding the protest, including cryptocurrency wallets.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
The US government's seizure of Bitcoin is significant because it may push individuals to keep their money out of the government's purview and into cryptocurrencies.
11:56 - 20:39 (08:42)
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Bitcoin
Summary

The US government's seizure of Bitcoin is significant because it may push individuals to keep their money out of the government's purview and into cryptocurrencies. This may also increase interest in coins that offer greater anonymity and privacy.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
In this podcast episode, the host discusses the recent recall election of California Governor Gavin Newsom with serial entrepreneur, Sax.
20:39 - 28:01 (07:21)
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Politics
Summary

In this podcast episode, the host discusses the recent recall election of California Governor Gavin Newsom with serial entrepreneur, Sax. They talk about the implications of the election, whether due process was followed, and how different politicians have handled similar situations in the past.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
The relationship between San Francisco and tech companies has always been progressive, but there is a concern with some tech leaders trying to solve societal issues without understanding the community, and wokeism becoming a subculture that may not be enough to run major institutions.
28:01 - 40:13 (12:12)
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San Francisco
Summary

The relationship between San Francisco and tech companies has always been progressive, but there is a concern with some tech leaders trying to solve societal issues without understanding the community, and wokeism becoming a subculture that may not be enough to run major institutions. For San Francisco to progress, some tech leaders need to engage in politics and take a tour of duty to understand and take action on the city's problems.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
Tiger Global has decided to shift its focus from backing late-stage startups preparing to go public to buying shares of public tech companies that have sunk in value compared to their all-time highs, along with investing in early-stage startups.
40:13 - 47:23 (07:09)
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Technology
Summary

Tiger Global has decided to shift its focus from backing late-stage startups preparing to go public to buying shares of public tech companies that have sunk in value compared to their all-time highs, along with investing in early-stage startups. This decision may have been made to avoid dealing with controversial issues surrounding certain companies.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
Tiger Global's recent move to become a more hands-on, series A investor has been met with skepticism.
47:23 - 51:08 (03:45)
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Tiger Global
Summary

Tiger Global's recent move to become a more hands-on, series A investor has been met with skepticism. While they have a successful track record in providing passive, late-stage capital to SaaS companies, their new strategy may not be effective in competing with traditional early-stage firms like Kraft and Sequoia.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
The best founders seek out advice from individuals who have been successful before them.
51:08 - 59:43 (08:34)
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Founder
Summary

The best founders seek out advice from individuals who have been successful before them. While there is a pressure for institutional investors to show value, ultimately the judgment falls on the CEO.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
First-time founders tend to focus on tactical issues such as legal and HR, while more seasoned, second-time founders have already addressed these issues and are more concerned with fundraising and scaling.
59:43 - 1:08:12 (08:29)
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Fundraising
Summary

First-time founders tend to focus on tactical issues such as legal and HR, while more seasoned, second-time founders have already addressed these issues and are more concerned with fundraising and scaling.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses the challenges of being a board member and giving advice to founders.
1:08:12 - 1:12:29 (04:16)
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Board Members
Summary

The speaker discusses the challenges of being a board member and giving advice to founders. They stress the importance of being judicious with advice and understanding when it may no longer be effective.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
With the development of Yamanaka factors technology, autologous stem cell therapy, where a patient's own cells are turned into stem cells and used as therapies, is becoming a possibility.
1:12:29 - 1:20:48 (08:19)
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Stem Cells
Summary

With the development of Yamanaka factors technology, autologous stem cell therapy, where a patient's own cells are turned into stem cells and used as therapies, is becoming a possibility. This could lead to the treatment of various diseases and tissue regeneration in the body using stem cell systems.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
The speaker expresses optimism about the future of resolving cancer and aging through developing cell-based therapies and gene editing.
1:20:48 - 1:26:39 (05:50)
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Cell-Based Therapies
Summary

The speaker expresses optimism about the future of resolving cancer and aging through developing cell-based therapies and gene editing. They believe that these tools will be as influential in treating cancer and aging as HIV treatment is today.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg
The speaker is puzzled by how smart people make certain arguments that do not line up with their beliefs and cannot comprehend the thought process behind it.
1:26:39 - 1:29:38 (02:59)
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Independent Thinking
Summary

The speaker is puzzled by how smart people make certain arguments that do not line up with their beliefs and cannot comprehend the thought process behind it. They also discuss the controversy surrounding mask mandates in schools.

Episode
E68: Trudeau invokes emergency powers, Bitcoin vs. government, Tiger Global's new strategy & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg