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All In Podcast Episode 139 Recap and Notes Jul 27 2023

July 27 2023



  • Chamath and Nathalie’s wedding
    • Diverse guests
    • Portofino area
  • Obesity and weight loss
    • Chamath Jason weight bet
    • Ozempic, Wigovy?, Munjaro?
    • Unclear what the benefits are of normalizing weight gain
  • Too many VCs
    • Spend your 20s working before you become a VC
    • Main value prop of an investor to a founder is to offer advice
    • Sacks’ team requires people joining their firm to have operating experience, ideally founder experience
    • The top 1% of VCs wouldn’t have beaten the top 5 stocks in the last 15 years
      • Top 5 stocks went from $1T to $10T, over the next period it could go over $25T
    • You have to put in 60-70 hours a week for a decade+
  • Writers vs Hollywood
    • Ripe for disruption by AI
    • % of workers with union membership is dropping - down 10% in 2022
    • Demands like banning AI for writing software makes no sense
    • All creative industries are power law businesses
      • Because humans are fundamentally creative, so a lot of people will do it for free

      • Your bar is not the worst person who has made it, its the best person who hasn’t made it

        • Thats a tough bar
      • If you can’t put in 60-70 hours a week like it doesn’t matter for something like this as if you’re obsessed, then you won’t make it - still need luck, etc

    • Unions don’t understand long term equity play
      • They want all the money negotiated, and so get lot of money even if business is bad which prevents changes being made in the business, causing it to shut down
  • Room temperature Superconductors
    • South Korea team, LK-99
    • Could be biggest physics discovery of this century
  • AIS 2023
    • Ray Dalio
    • Loro Piana
    • Montcler

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