All the crap you never needed

December 20 2024 Jason misses Sacks Aaron Levie joins the Pod Subbing in for Sacks Sacks Thinks he’s a strong pick for AI, doesn’t know much about crypto AI regulations Earlier AI regulations were dumb - prescribing inane requirements - would have been bad to have each state with its own regulations Benefitting from competition - would have been bad to have them meet as a council to release improvements Crypto regulation possibilities Stable coins Tether and USDC making good businesses SpaceX/Starlink leveraging stable coins If everyone agrees on this - it could help global GDP a lot - credit card companies and the like charge ~3% of fees for transfers - this could go to 0 Stable coins is a good place to start because everyone agrees on this - BTC and other more speculative projects just invite too much animated conversation Even crypto folks can’t agree on how to regulate parts of this industry DOGE kills its first bill CR was very long - ~1500 pages With al...

December 13 2024 Besties going skiing Keith Rabois subbing in for David Sacks Keith back at Khosla Executives become VCs by forging relationships with Board members Switched from KV to FF because of commute 🙂 KV is more early stage Input driven FF is more momentum investing Output driven Likes to help Husband Jacob Helberg - joining Trump administration - Under Secretary of State for Economic Affairs Trump appointees Amazing number of successful business people in the administration Left also has smart business people but they would never add them to the administration - they look down on successful people This is a good model - this is how the Founding Fathers also operated - this is what we want - people do their government job and go back to regular work Trump is the only modern President whose net worth dropped due to office - everyone made money He asks “why” Google’s Quantum Chip Shore’s algorithm We are 2-5 years away from QC being able to break ...

December 6 2024 Sacks and Chamath out - Gavin Baker and Joe Lonsdale in - for this week Sacks is the new AI and Crypto Czar Friedberg anxious about tsunami Jason at Sacks’s house Trump Bump Deregulation and simplifying the tax code will lead to a lot of growth Starting 1883 for about a 100 years we made people take tests in government - starting in 70s and 80s we removed the tests because of concerns about discrimination, etc Friedberg had highlighted debt issue 3 layers Inefficiency and lack of accountability Excessive Spending Debt that spirals Have to match China’s energy production Solar will take 50 years but it should do well - photo voltaic cost is dropping Nuclear is cheaper and cleaner overall Texas is highest solar not because they are left wing but because its faster to build stuff Crypto Paul Atkins in, Gary Gensler out for SEC Bitcoin hit $100K Crypto reduces the power of the nation state - so left wingers are against it David Marcus sharing sto...