E80: Recession deep dive: VC psychology, macro risks, Tiger Global, predictions and more
All-In with Chamath, Jason, Sacks & Friedberg
All-In Podcast, LLC
4.0 • 10.4K Ratings
🗓️ 13 May 2022
⏱️ 101 minutes
🧾️ Download transcript
Summary
0:00 Bestie catchup and Friedberg intros!
4:40 Breaking down current macro risks, Great Recession comparisons
31:55 How a historically large amount of dry powder is impacting VC firms as the market shifts, problems with mega funds
41:31 Tiger Global's historic loss and where they might have gone wrong; Sacks' gives his playbook for raising capital in a downturn
58:35 How startup employees can protect themselves in a down market, questions to ask and metrics to know while evaluating startups to work at
1:13:21 Psychological impact of investing after taking huge losses
1:29:00 Predictions on how the market shakes out
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/cullenroche/status/1524441227931774976
https://www.axios.com/2022/04/08/consumer-debt-soars-credit-cards
https://www.bls.gov/news.release/realer.nr0.htm
https://www.federalreserve.gov/releases/g19/current/default.htm
https://www.longtermtrends.net/home-price-median-annual-income-ratio
https://twitter.com/Jason/status/1523780820112007168
https://fred.stlouisfed.org/series/CIVPART
https://www.dol.gov/ui/data.pdf
https://twitter.com/TheBenSchmark/status/1522669777478684672
https://twitter.com/AndrewE_Dunn/status/1523653942252826624
https://twitter.com/mattturck/status/1524773379416408064
https://twitter.com/jonsakoda/status/1522625236130144256
https://cloudedjudgement.substack.com
https://twitter.com/ZoeSchiffer/status/1523017143939309568
https://twitter.com/BurryArchive/status/1524504399070081025
https://www.usatoday.com/story/money/2022/05/04/dow-rallies-fed-ups-rates/9649150002/
Transcript
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| 0:00.0 | When are you coming to Miami? Are you there already? I'm here. I just got her. Oh cool. I'm tomorrow. I'll have a big week |
| 0:05.5 | I mean you get a ride on someone else's plane. Minds and repossessed |
| 0:11.3 | You can give me a ride I |
| 0:13.3 | For at least another couple of |
| 0:16.2 | Love I love my commercial. You know I love my commercial |
| 0:19.4 | Every fan of all in in this weekend's star stops me and takes a selfie |
| 0:23.5 | I cannot tell you the love in Miami. I sat down to have a meal outside where you buy yourself or your |
| 0:29.3 | My self. It's 11 30. I was like hey everything's closed. There was this one little place that's open |
| 0:33.8 | I kid you not I sit down two guys come over we love the pod and I'm trying to eat my meal and they're asking me questions |
| 0:41.5 | And they want to know where's freedberg's introduction |
| 0:44.3 | And I'm like it's so bad. Well, I showed them the video and |
| 0:49.6 | They were in stitches. I was like guys. There's only like five people have seen this video and now it's you for two |
| 0:55.1 | So there's seven people they were so over the moon. We should never have cut that well |
| 0:58.7 | We could play it now. It was good. Thank you. It was in Prada by say we just we just throw to it right now |
| 1:03.6 | Is that a good plan maybe and here we go and free to |
| 1:09.4 | This is like the nerd Olympics for freeberg. He's like nerd stretching. He's having a nerd |
| 1:15.3 | Freak out right now. You know what I'm most excited about that. I don't have to listen to Jason's entrance |
| 1:19.3 | Oh my god. You're on like nerd or all that's like nerd at a roll take it easy dungeon master |
| 1:24.6 | I just got hasn't been so happy since he rolled a 30 on the 30-sided die |
| 1:30.7 | Jesus, oh my god. I've got a plus step in broad so what is that come from what is oh from dungeons? I've never played oh really you are playing League of Legends |
| 1:39.1 | Okay |
| 1:41.1 | I'm gonna just apologize it eventually audience. Okay, here we go. No interruptions. Please. Thank you in the voice of J. Cal hold on |
... |
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