4.2 • 7.1K Ratings
🗓️ 12 November 2022
⏱️ 85 minutes
🧾️ Download transcript
(0:00) New bestie game show!
(6:20) Election recap: Red wave falls flat, Republican party flips from Trump to DeSantis, a rebuke of extremism
(20:47) Coinbase CEO Brian Armstrong joins to break down the FTX collapse, further contagion risk, regulation, and more!
(43:32) Red flags exhibited by Sam Bankman-Fried and FTX, lack of governance/diligence
(1:06:00) Macroeconomic picture, lower than expected CPI print catalyzes market tear, advice for founders
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https://twitter.com/DavidSacks
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https://twitter.com/theallinpod
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Intro Music Credit:
https://twitter.com/yung_spielburg
Intro Video Credit:
https://twitter.com/TheZachEffect
Referenced in the show:
https://www.nytimes.com/2022/11/10/us/politics/biden-ukraine-russia-diplomacy.html
https://www.wsj.com/articles/ftx-files-for-chapter-11-bankruptcy-11668176869
https://fortune.com/2022/11/10/sam-bankman-fried-ftx-joe-biden-democratic-party-second-biggest-donor
https://twitter.com/GordonJohnson19/status/1591062535586848768
Click on a timestamp to play from that location
0:00.0 | Sacks the United States is maybe not going to send weapons to Ukraine indefinitely and they're asking them to sit down and negotiate something that people on the left |
0:10.4 | Started to do and got a got smashed for something you've been pushing for so I guess mini victory lap for you sacks |
0:16.8 | What what's the end game here? Well, yeah? |
0:18.4 | I mean, I've been talking common sense about this for months just saying that we need to be open to diplomacy because total defeat for Russia also means a |
0:25.2 | Bit a maximum risk of nuclear war. I mean these things go hand in hand. That's the paradox of this war is that |
0:31.0 | If Russia faces the prospect of a total defeat that's when they're most likely to escalate this conflict into something much much worse |
0:38.3 | So therefore we need to be open to diplomacy but it was good to hear |
0:43.0 | Administration officials over the past week say things that I've been saying for months and that I've been accused of |
0:48.6 | Being like a Putin sympathizer for so apparently there's a bunch of Putin sympathizers in the administration and just to |
0:55.0 | Read you some of these remarks actually. I want to play like a fun game with you guys instead of just oh really? |
0:59.8 | Yeah, it's just mentioning these quotes. I want to play a game called millie or sacks |
1:06.1 | So I want you guys to guess okay whether it was general millie who said the quote or whether I said the quote |
1:12.3 | Okay, does that sound like a fair fair game? Yes, fair game. Let's put some game show music here |
1:17.0 | Millie or sacks. I'm gonna read you like four or five quotes and you guys are gonna say whether it was millie yeah or a sacks |
1:24.5 | Who said it first quote who said it general millie or sacks one of the lessons that should have been learned from World War |
1:31.3 | One is that European powers refuses to negotiate compounded the human suffering and led to millions more dead millie or sacks |
1:38.0 | Sacks I'm going sacks. I'm going sacks. It's a very historic millie said |
1:42.8 | Next one next one go go go go okay a regional war turned into the first world war because all parties made |
1:49.9 | Maximus demands and assumed others were bluffing it can happen again |
1:53.6 | That millie or sacks because of bluffing you said bluffing that bluffing is a word that you would use alright |
1:58.9 | That was sacks that was sacks maximalist. Yes, okay, I would never say maximalist. Yes, he would never say bluffing |
2:04.2 | Yeah, go ahead where there's an opportunity to negotiate when peace can be achieved sees it millie millie |
... |
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