E53: Wealth tax, dealing with inflation as a capital allocator, big tech earnings, Facebook's rebrand, paternity leave & more
All-In with Chamath, Jason, Sacks & Friedberg
All-In Podcast, LLC
4.0 • 10.4K Ratings
🗓️ 30 October 2021
⏱️ 79 minutes
🧾️ Download transcript
Summary
0:00 Bestie intro, child update, Joe Lonsdale's take on paternity leave
20:44 Proposed "Wealth Tax"
35:13 Inflation discussion: corporate and government reactions
52:30 Dealing with inflation as a capital allocator
58:49 Big Tech's outrageous quarterly earnings, why Google is the best business ever, Facebook's "Meta" rebrand
Follow the besties:
https://twitter.com/DavidSacks
Follow the pod:
https://twitter.com/theallinpod
https://linktr.ee/allinpodcast
Intro Music Credit:
https://twitter.com/yung_spielburg
Intro Video Credit:
https://twitter.com/TheZachEffect
Referenced in the show:
https://twitter.com/JTLonsdale/status/1453399478254379008
https://fred.stlouisfed.org/series/GFDEGDQ188S
https://finance.yahoo.com/quote/TOST/
https://www.wsj.com/articles/microsoft-overtakes-apple-as-most-valuable-company-11635516976
https://abc.xyz/investor/static/pdf/2021Q3_alphabet_earnings_release.pdf?cache=f1ba3f6
https://twitter.com/Jason/status/1450108244915937284
https://www.theverge.com/22743744/facebook-teen-usage-decline-frances-haugen-leaks
Transcript
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| 0:00.0 | Oh baby, no skin out skin. |
| 0:02.4 | You just gotta keep the shirt on. |
| 0:03.8 | Listen to me, only the best for my daughter. |
| 0:06.2 | This is 100% L'Oropiana Vicunia. |
| 0:10.0 | She's gonna puke on it. |
| 0:11.3 | There is not a... |
| 0:12.9 | You're using L'Oropiana to wipe her, when she wants. |
| 0:16.4 | No, this is the sweater that she's got her face on, |
| 0:18.5 | but this is the softest material human, |
| 0:20.8 | you know, I mean natural material on earth. |
| 0:23.2 | Really? |
| 0:24.0 | This is not subject to any supply chain constraints. |
| 0:26.4 | Oh, oh. |
| 0:28.2 | In fact, when you buy one from L'Oropiana, |
| 0:29.8 | they'll fly one right to you. |
| 0:31.2 | You see that? |
| 0:32.1 | You're like a winter's ride. |
| 0:35.1 | You're like a winter's ride. |
| 0:37.5 | Rainman David's hat. |
| 0:39.5 | I'm going home. |
| 0:41.5 | And I said we open sources to the fans, |
| 0:44.1 | and they just go crazy. |
... |
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