October 6 2023
- Besties and colonoscopies
- Airtable correction
- More likely in ~$500M ARR range with decent growth
- Kevin McCarthy ousted as Speaker of the House
- Multiple folks lost faith in him
- Was apparently telling Republicans and Biden administration different things
- Omnibus bills vs individual spending bills was a point of difference
- Congress is allowed to legally pass 12 spending bills a year
- US debt went up $275B in 1 day - we are in a fiscal crisis
- He cared too much about people liking him
- He was supposed to just follow the law like he said he would
- Rising Interest rates mean deficits finally matter
- Long term rates are also going up in addition to short term rates
- Immigration crisis
- Texas and Arizona were suffering and being ignored - now NYC which was acting smart previously has been humbled
- Elon and RFK Jr showed through separate videos and locations that the border is being overrun
- Now Eric Adams and Kathy Hochul are both complaining too
- Mayorkas is saying a wall will be constructed soon
- NYC has right to shelter so all the immigrants coming in are being put up in hotels
- Anduril and other vendors sell watch towers which will be
- Trump is vindicated
- Biden administration sold off Trump wall materials
- ~$154M worth of materials apparently
- Chamath and Sacks held a fundraiser for Vivek Ramaswamy last week - the people coming to the border have learnt all the tricks from YouTube, etc on how to script their asylum appeal
- Need to reinstitute “remain in mexico” policy
- Defending Ukraine border but not US’s own
- WSJ oped many years ago argued for virtually open borders for economy/trade reasons and now it has to be revisited
- Cruise robotaxi “accident” in SF
- Human driven car pushed woman under Cruise AV
- But SF Chronicle, etc reported it was Cruise’s fault
- Deep disdain for technological process
- Main sources of car accidents are DUI, No Seat Belts, etc which are all human sources
- So AV cars is amazing technology needed
- Same thing happened in 1999 when gene therapy was blamed for a young man’s death - whereas it was doctor malpractice - and 7 years research was blocked
- In the US - as Peter Thiel says - we have lost appetite for technological progress - we stop progress at immediate death
- Improvements in technology accrue to the poorest people first
- Not sure which company is going to win this
- Tesla definitely has a data advantage
- JSX airline
- Little bit more expensive than a first class ticket
- Friedberg used this from Vegas to Oakland recently
- Impressed by Vegas Sphere immersive experience (U2 concert)
- No security, no checks, etc like other airlines
- Very hassle free - his mom uses it
- Facing regulatory capture efforts from bigger airlines like American, etc
- Seems like they’re exploiting a loophole
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