E1: US Response to COVID-19 & Impact on Startups, Venture Capital & Public Markets with David Friedberg
All-In with Chamath, Jason, Sacks & Friedberg
All-In Podcast, LLC
4.0 • 10.4K Ratings
🗓️ 19 March 2020
⏱️ 91 minutes
🧾️ Download transcript
Summary
Follow @chamath: https://twitter.com/chamath
Follow @jason: https://twitter.com/Jason
0:01 Jason & Chamath intro David and check in on each other's quarantines
2:26 Has the US overreacted or underreacted so far? David & Chamath give their opinions on new directives & statistics
13:15 Thoughts on potential treatment options & policy changes
22:25 Chamath explains the circumstances of recording a podcast while the Stock Market tanks in real-time
25:03 Should the US adopt Chinese & South Korean quarantine strategies?
29:53 What do the current market conditions mean for startups & VC?
41:24 Chamath explains what is currently happening in the capital markets
45:05 How close is the US on being able to do mass-testing?
54:13 Thoughts on bailouts for companies that manipulated their earnings-per-share ratio by stock buybacks? Impact on the global economy
1:03:14 Impact on luxury goods? Should there be a monthly stipend for low-income citizens?
1:12:10 COVID-19 exposing holes in the US healthcare system
1:17:44 Should we ban wet markets globally?
1:24:12 Over/Under: when Americans will be allowed to go out to restaurants again
1:28:18 When will the weekly poker game resume?
Transcript
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| 0:00.0 | All right everybody welcome to another edition of the all in podcast. We'll call this episode one |
| 0:06.3 | We did a test and over a hundred thousand of you listen to the test podcast that we did a few days in a few days |
| 0:13.6 | Chimoff is already getting addicted to his statistics a new podcaster. I need to focus on something going up |
| 0:20.7 | Yes exactly |
| 0:22.2 | Our portfolios are getting crushed, but the podcast numbers are going up there |
| 0:27.0 | Well a meaningless victory to be sure |
| 0:29.6 | But we got a lot of positive feedback and we're all sitting at home in quarantine as you can see |
| 0:34.5 | I set up my home office. I got a microphone here and |
| 0:37.5 | Chimoff is in his bedroom and Dave Freiburg |
| 0:39.9 | I think is in his wine room or something in his |
| 0:42.9 | In his compound. Are you in the safe room? Is this the safe room Dave Freiburg is with us again? He got a lot of great |
| 0:49.0 | Feedback and he's now on the Twitter. You can follow him at Freedberg |
| 0:51.8 | I don't know if he should his Twitter down because he was getting |
| 0:55.4 | Harassed on Twitter welcome to the club |
| 0:58.1 | Are you in your safe room David? Yeah, it's brutal on Twitter. I don't know how you guys do it |
| 1:02.2 | You put something up and everyone you know just goes after you it's harsh out there in the Twitter world in the Twitter verse |
| 1:09.2 | Basically you have to mute and |
| 1:12.0 | Block anybody who is under a hundred followers and |
| 1:16.5 | Being an absolute jerk because it's likely a Russian bot, you know being run out of like |
| 1:23.4 | Manila or something like that they've got all these like sophisticated rings of people that they just hire for 10 bucks a day to harass people online |
| 1:31.0 | I mean, I know it sounds like a crazy conspiracy theory, but it's actually true this large groups of bots who go after people |
| 1:38.4 | And try to create chaos, but hey, we're sitting here |
... |
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