Andrew Yang Wants to Give You Money Back
The World's First Podcast with Erin & Sara Foster
Dear Media | Wishbone Production
4.5 • 2.9K Ratings
🗓️ 18 May 2026
⏱️ 79 minutes
🧾️ Download transcript
Summary
Welcome to Oversubscribed, a bonus podcast from Sara Foster and her business partner, Phil Schwarz. This is a business podcast for anyone curious about stories of success and failure from entrepreneurs—covering rejection, pivoting, and knowing when to stick to your vision. You can expect to hear from us once a month.
Our first guest is Andrew Yang, who you may know from his 2020 presidential run and infamous proposal: universal basic income to offset job loss due to automation. Six years later, the future he predicted is here. In this episode, Andrew breaks down why he believes the AI disruption to white collar workers now mirrors the manufacturing collapse of the 80s and 90s, why Universal Basic Income needs to happen sooner rather than later, and what inspired him to start Noble Mobile.
Sign up for Noble Mobile today using our link and pay $10 for your first month, noblemobile.com/foster.
Learn more about Oversubscribed Ventures and Corazon Capital: oversubscribedvc.com, corazon.com.
Follow Sara on Instagram @sarafoster and TikTok @sarasadmomfoster. Follow Phil on Instagram @philbrandn. Follow Oversubscribed Ventures on Instagram @oversubscribedvc.
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Transcript
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| 0:00.0 | The following podcast is a Dear Media production. |
| 0:05.1 | Hi, I'm Sarah Foster. |
| 0:07.3 | I'm Phil Schwartz. |
| 0:08.3 | And we are venture capitalist investors. |
| 0:11.4 | I'm a partner at oversubscribed ventures. |
| 0:13.8 | And I'm a partner at Corazon Capital. |
| 0:15.4 | And together, we invest. |
| 0:17.5 | Let's go. |
| 0:30.2 | All right, Phil, today we sat down with Andrew Yang, founder and CEO of Noble Mobile Yeah, if you don't know Andrew, he ran for president in 2020, went from a relative unknown. |
| 0:35.9 | He was a founder before, went from an unknown |
| 0:37.5 | to a serious contender in the Democratic primary. So that is how most people got to know him. |
| 0:41.9 | He would have been so great. Everyone, he's a very loyal following. People love, love, love him. |
| 0:47.7 | He's brilliant. We talk about a lot of different things in this episode. I would say mainly about |
| 0:53.3 | Noble, but really just |
| 0:54.8 | how he got his start, advice to future entrepreneurs, founders, how to navigate everything. |
| 1:02.5 | Yeah, and especially AI. I mean, Andrew was talking about AI five years before chat GPT even came |
| 1:08.5 | along. And nobody listened and everybody thought he was kind of out there. Yeah. And turns out he was right on basically everything. He's one of those rare people that you mention him. Everybody likes him. Totally true. And by the way, what's really cool is I mean, Andrew could do a lot of things, obviously. But what he decided to do is create this company Noble mobile, which is a mobile carrier. and it gives you, it's like 50 bucks a month. It gives you top tier wireless offering, which is great. What's really cool is he is on a mission to get people to spend less time on their phones, to spend less time on their devices. And so he's in Noble, he's paying people to use their phones less, which is really smart strategy. |
| 1:48.4 | I don't know anyone at this point who doesn't want to use their phone less, have their kids use their phone less. |
| 1:49.3 | Andrew's actually doing something about it, which is really cool. |
| 1:51.4 | And more importantly, I always have service. |
| 1:54.5 | Yeah, it's amazing. |
| 1:55.4 | It's amazing. |
... |
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