0:00 Bestie intro, child update, Joe Lonsdale’s take on paternity leave 20:44 Proposed “Wealth Tax” 35:13 Inflation discussion: corporate and government reactions 52:30 Dealing with inflation as a capital allocator 58:49 Big Tech’s outrageous quarterly earnings, why Google is the best business ever, Facebook’s “Meta” rebrand 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://twitter.com/JTLonsdale/status/1453399478254379008 https://www.npr.org/sections/money/2019/02/26/698057356/if-a-wealth-tax-is-such-a-good-idea-why-did-europe-kill-theirs https://www.treasury.gov/resource-center/data-chart-center/interest-rates/pages/textview.aspx?data=yield https://www.npr.org/2021/10/28/1049980529/starbucks-and-costco-raising-wages-in-the-nationwide-competition-for-workers https://fred.stlouisfed.org/series/GFDEGDQ188S https://markets.businessinsider.com/news/currencies/crypto-investor-turned-8000-into-5-billion-buying-shiba-inu-2021-10 https://www.bloomberg.com/news/articles/2021-10-29/tesla-s-tsla-hidden-billionaire-how-one-retail-investor-made-7-billion https://finance.yahoo.com/quote/TOST/ https://www.wsj.com/articles/microsoft-overtakes-apple-as-most-valuable-company-11635516976 https://abc.xyz/investor/static/pdf/2021Q3_alphabet_earnings_release.pdf?cache=f1ba3f6 https://twitter.com/Jason/status/1450108244915937284 https://www.theverge.com/22743744/facebook-teen-usage-decline-frances-haugen-leaks https://vm.tiktok.com/TTPdYPqdJ6/
In this episode, a discussion takes place about the material of clothing for babies and whether expensive brands are necessary. The conversation starts after a tweet from venture capitalist Joe Lonsdale goes viral regarding people in power and their ability to remain in power while still taking care of a newborn.
Joe Lonsdale, co-founder of Palantir, criticized paternity leave, stating that "any man in an important position who takes six months of leave for a newborn is a loser" in response to a tweet about Mayor Pete Buttigieg taking paternity leave.
The podcast host discusses his experience as a parent of a newborn and reflects on a recent controversial statement made by a guest, acknowledging the importance of empathy and understanding differing points of view.
Joe Rogan discusses the cancel culture and its effects on the freedom of speech. He mentions that the leader of an anti-Chappelle protest who has been trying to get rid of him got canceled at Netflix after her hateful tweets were uncovered.
After Joe Lonsdale tweeted that he was willing to pay higher taxes, a discussion emerged on the feasibility of a proposed policy to tax billionaires, with some CEOs criticizing the bill's approach that would disproportionately target Democratic billionaires and spare the Koch brothers.
The current administration's response to the Trump era is to divert back to an overregulated and bloated government infrastructure and programs. It remains to be seen what will come of this experiment.
The Democrats are proposing a $1.75 trillion social spending bill on top of the already-spent trillions on COVID relief and the Federal Reserve's buying programs. While progressives are focused on income inequality and taxing the rich, there is pressure to get something done before the midterms.
This podcast episode discusses the impact of inflation on different groups of people and how private organizations, such as Amazon, are implementing policies that replace some government initiatives. It also explores how inflation affects the stock market.
The increasing inflation rate and government debt may lead to a dilemma between raising interest rates or reducing government programs, thus creating an economic problem that requires a solution. Meanwhile, Shiba Inu jumps into the meme coin trend trying to ape dogecoin with a new coin.
Yammer achieved tremendous growth by tripling their annual revenue for three consecutive years. While SaaS companies offer great potential, there are also a lot of head fakes in the public markets where investors only want to buy that growth constantly.
Gavin Baker, founder and CIO of Atreides Management, discusses his portfolio strategy on The Invest Like the Best podcast with host Patrick O'Shaughnessy. Baker emphasizes investing in technology, including cryptocurrencies, and the benefits of tokenizing assets like fine art.
The recent controversies and leaks from the so-called whistleblower have led to speculations of Facebook changing its name to Beta, which some argue is unnecessary. However, as the company diversifies its businesses, it might need to create an independent perception and management of these businesses and leverage them off of one another.
The race is on for who can get AR to work, as it is more compelling than VR, which is just considered a waypoint on the way there. The dream is to wear glasses with scanning abilities that give information, like the Terminator view.
In this special end of year episode, Jason and his guests celebrate the best and worst of 2015, give out awards for Founder of the Year and Product of the Year, and reflect on the past year in tech.