Skip to main content

All In Podcast Episode 143 Recap and Notes August 25 2023

August 25 2023



  • Friedberg NASA chat

    • Astro Woody
      • Berkeley PhD, MIT prof, now astronaut, leading Artemis mission, All in Fan!
    • Uranus jokes

  • Besties want to make their own Tequila

    • People said they’d pay ~100
    • Index towards quality instead of price
      • Example 21seeds
        • Diageo bought it
    • The Rock can play the volume game so his tequila’s price is a little less
    • Chamath recommends Villa D’Este at Lake Como
      • Candidate for AIS 2025

  • Nvidia smashes earnings

    • Incredible performance

    • Closing in on Amazon and Google in valuation

      • $1.4T

    • Board is approving a $25B share buy back

      • Very large

    • Tesla making their own supercomputer (Dojo)

    • Everyone is spending all they can on compute

    • Similar to fiber expenditure during dotcom era?

    • There was a telecom collapse in 2002

    • Nvidia is the dominant shovel provider

    • Computational biology could leverage this

    • 2015 Chart - product of gold rush was state of California



    • OpenAI released fine tuning for their models (GPT-3.5-turbo)

      • All enterprises want to control their own models
      • Everyone wants their own ChatGPT
      • So no one wants to share their data with OpenAI and instead use Open source

    • Facebook did a great thing with OpenCompute

    • So now open source for software and hardware will be great

    • CoreWeave just raised a lot of money to do basically an AWS of GPUs

    • Common crawl

      • Was 80%+ weighting of OpenAI’s GPT training
      • Open source, funded by Gil Elbaz
        • He will be at AIS 2023
        • He was mentioned in the Google S-1
        • Jason’s Weblogs Inc was also in the Google S-1

  • ARM filed F-1

    • (like S-1 for foreign company)
    • Softbank has massive liquidity needs because they have so much debt
      • Also exited Alibaba position mostly
    • Going public does allow you to reset your preference stack
      • Can get to a real valuation that reflects reality
    • Less a sign of opening IPO window and more like a forced decision
    • M&A market is more dead than the IPO market
    • The only candidate to go IPO is like Starlink or something

  • Sacks talk on VC vs PE



    • If you’re a startup that’s in the danger zone, then cut expenses and pivot to PE model
    • Jason’s dealflow doubled since AllIn
    • Profitable companies are very rare

  • GOP debate

    • Rate candidate on content, dynamic they are (personality), smart

    • Nikki Haley did well

    • Vivek did well

    • Chris Christie did well

    • Tim Scott did well

    • Vivek strategy of threading needle of being close enough to Trump but slowly building credibility with Trump loyalists could really help him later

      • Very smart, brilliant, dynamic, great orator

    • He’s positioning himself as the backup plan to Trump

    • Polls - he has done well



    • Nate Silver also said he won

    • Lot of diversity in Republican party was displayed

    • Democrats not even having a debate

      • No space to RFK Jr

    • Good moderation from Fox

    • Trump didn’t participate and didn’t suffer from it

      • Played the trump card

    • Even CNN poll shows people have turned on providing more aid to Ukraine

    • Even conservative event showed people are against providing more aid

    • Signature policy of Biden’s presidency

    • Interesting that so many republicans agree with him and against the wishes of the people of their own party

    • Mario Cuomo - You campaign in poetry and govern in prose (or campaign in tweets)

    • How important are the debates - do they just test oration skills?

    • Vivek has a lane because establishment wing of the party is out of touch with the people

      • This is what helped Trump when he won

    • Would be nice to have other systems beyond debates to show how qualified the candidate is to become President

    • What’s the contrast with hiring people (or CEO) for your company?

    • So we don’t want career politicians on the one hand but we want to test their experience on the other hand?

    • Trump nailed the 3 biggest themes of our latest political lifetime

      • China competition (hitting american middle class)
      • No wars
      • Border closure

    • Christie and Pence had an almost personal reaction to Vivek

      • They seemed dismissive and resentful

    • Trump has high negatives where he won’t be able to flip some of the swing states

    • DeSantis strategy seemed to be appealing to all factions of Republican party

      • But that might not win - coz factions are trying to beat each other

  • Vivek’s climate position

    • Reflection on lack of trust in government and elites, especially in light of what they did with covid
    • News drummed up fears of hurricane to california and there was nothing
    • Maui was hit more by dogma and incompetence and not actual climate change issues
    • Renewables help with geopolitics, no pollution, etc

  • Prigozhin (apparent) crash

    • Beware the dog that doesn’t bark

Comments

Post a Comment

Popular posts from this blog

What's your favourite Iron Maiden song?

Part of the NWOBHM ( ignoramuses can go ahead and google that :P ), Iron Maiden have rocked for a long time, with many brilliant compositions (yes compositions, as intricately crafted as any symphony you philistines - the cadence of mcbrain's drums, the richness of dickinson's voice, steve harris's incomparable lyrics and I will stop before waxing lyrical about the guitars of Dave Murray, Adrian Smith and Janick Gers....man!). So what is your favourite Iron Maiden song? I ask because frankly I don't think I have one, and I doubt if its possible for me to single any one out. (get it -- "single"? I use it while referring to songs? mmmpff :D, k, never mind) (wrt the inaugural blog post which was in keeping with the spirit of this webpage, I thought I might as well clear the air regarding the only thing meaningful in the whole piece - the title )
12 comments
Read more

Mxyztplk

kljfkldsajfks djfsdfklj23kj2kl3j423kl j4l23k jrkl;qjr;lwqej klqwjdklasdjklj234kj23kjsa kljdaskd'asdasd sad w 23 424k 23l4k23lk 4l23 4l32 kweerkwqe23 14 wqd asda d 234 2134 23 42343rldla;dkl;sakdl;kasl;dkas;ldk;asdklkasdklal23l;k4klsaldksaldksl;adk
7 comments
Read more

All In Podcast Episode 214 Recap and Notes February 7 2025

February 7 2025 Jason grifting for USAID (tongue in cheek!) Ray Dalio episode with Friedberg was a big hit Government seems to be kind of following his recommendations Antonio Gracias joins the program Legendary investor (Tesla, SpaceX, Uber, Athena, etc) DOGE vs USAID JFK established it via EO in 1961 Programs in ~130 countries Budget under Biden ~doubled from $26B to $45B Insane spending Twitter takeover ~$12.5B in debt Breaking even Biggest turnaround in history Company doing well No one came into the office - pens had gone dry in the conference room due to unuse Flowers were impeccable - 1000s of people’s worth of food being cooked everywhere and thrown into trash and not being even given to homeless Fixed the woke mind virus This is like a warmup for DOGE First he thought democracy was turning into bureaucracy Instead its becoming a kleptocracy Pure corruption Similar to 1941 Truman committe/commission Formed...
Post a Comment
Read more