All In Podcast Episode 182 Recap and Notes June 7 2024

E182: June 7 2024

 

• World’s #1 podcast basically
• Trump fundraiser
  • Vinod Khosla on CNBC with Andrew Ross Sorkin basically equating AlP with maga extremists?
    • He has been tweeting anti-Trump pretty heavily recently - got ratioed by Shaun Maguire
      • Ivanka > Hunter
    • Typical elitist mindset - labeling Trump supporters as lacking empathy and not being good parents
      • He should look in the mirror - his beach case
  • A lot of people are tilted that Trump was defeated and now he’s back
  • Problem is that podcasts are changing the narrative - folks used to the old ways are unable to process this
  • People are telling the Besties to break up
  • Folks refuse to understand this is a bi-partisan show
• Tesla Mezcal
• DoJ/FTC are going to hit NVidia, OpenAI, Microsoft
  • Nvidia might soon become biggest tech company (market wise)
  • Not clear why the investigation is being done - the market is too immature
  • Not sure what the regulatory capture interest is here
  • Hostility to AI, to Crypto, to equity gains - this is an agenda that doesn’t play well in SV at all
  • Jason predicts Gavin Newsom will replace Joe Biden
  • Biden is the decel candidate
  • Trump has shown a learning growth - has come out as pro-crypto now
  • Trump campaign person told Sacks they haven’t seen so many new donors before
  • People will vote for the candidate who is good for their family, etc
  • Republicans are pro M&A, pro less-taxes, pro crypto, pro law&order - this is what most people want
  • Jason predicts Trump will be pro-EV soon
• Roaring Kitty and Gamestop
  • etrade considering de-platforming him
  • Discussed on CNBC
    • Seems Jim Cramer is trying to stir up an investigation for some reason
    • Similar tone from WSJ
  • There doesn’t seem to be any evidence so far that he has caused some bad manipulation or something - but even that remains to be seen
  • The stock itself seems to have very high valuation
  • All the profits, margins, etc are public
  • The next cycle of the story will be that regular people need help from the state
  • Can’t design securities laws around 1-2 meme stocks
• Online Blackjack fun
• Citadel and Blackrock backing TXSE
  • New stock exchange in Texas vs NYSE and NASDAQ
  • Might be in response to DEI regulations in these older exchanges
  • Cost of going public on NASDAQ and NYSE is very high apparently
  • More competition is better
  • This has been tried before
• Apple, OpenAI deal
  • Lot of discussion within Apple whether this should happen or not
• Atlantic Ocean temperatures alarmingly high
  • Hot ocean temperatures drive hurricane and storm activity
• Friedberg Birthday