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All-In with Chamath, Jason, Sacks & Friedberg

E13: SPACsgiving Special! More promising vaccine news, innovation vs. regulation, reforming higher ed, morality of challenge trials & more

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Technology, Entrepreneurship, Business

4.010.4K Ratings

🗓️ 25 November 2020

⏱️ 82 minutes

🧾️ Download transcript

Summary

Follow the crew:

https://twitter.com/chamath

https://linktr.ee/calacanis

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Referenced in the show:

NYT Article - Politics, Science and the Remarkable Race for a Coronavirus Vaccine

https://www.nytimes.com/2020/11/21/us/politics/coronavirus-vaccine.html

Show Notes:

0:00 Besties congratulate Friedberg & Chamath for taking Metromile public, Chamath explains a PIPE, Sacks & Jason express their discontent for being left out of the first bestie SPAC

10:59 More positive vaccine news, NYT article on Operation Warp Speed: did the Trump administration nail it?

21:50 How will the COVID experience impact the response to the next pandemic? Morality of challenge trials, hypocrisy of regulatory capture around gambling, drug use, pharma, etc.

35:25 Why innovation has occurred so rapidly on the Internet: Permissionless innovation & lack of regulators, regulation vs. innovation

47:07 Thoughts on ISAs & how they could disrupt overpriced higher education, Dave Chappelle's contract with Comedy Central

59:58 Trump accepts defeat (sort of), Biden's cabinet selections so far

1:06:29 What the besties are thankful for

1:14:50 Peace in the Middle East being achieved by declining reliance on oil, based on resume alone - would Trump have won if not for his antics?

1:21:01 Code 13!

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, everybody welcome back besties are back and it's a bestie SPAC's giving

0:06.4

Congratulations to

0:09.0

The queen of Kinwa

0:11.0

His second company

0:13.1

David Freiberg announces today hours before the taping of this special Thanksgiving pod

0:19.3

That he is taking Metro mile public through SPAC and that bestie see and

0:26.2

Here is the quote

0:28.2

That as only Chimath can tweet

0:30.7

Buffet had Geico I pick Metro mile

0:36.6

I would just like to say I'll tell you move markets

0:40.2

Lebron James

0:42.4

has three rings

0:45.6

Freiberg tell us what is Metro mile and

0:49.6

Well, this isn't a self-promoting podcast is it I mean no, but I think it's just you know

0:54.6

It's your second company I started the company in 2011 when I was running climate when I was the CEO there and

1:01.4

You know, so we were climate was offering insurance at the time

1:04.9

We learned a lot about the insurance markets and figured like hey, you know

1:08.6

Telematics or connecting cars to the internet it's gonna be a big deal and we're gonna be able to completely

1:13.1

Change the auto insurance industry so we set up this company. I was the chairman from the founding in 2011 and

1:20.6

And you know been been chairman and I've been an active investor in the business in every round since then

1:27.0

so the business has

1:29.4

built some you know really compelling value proposition for customers and you know, it's got really good unit economics and it's

...

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