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All-In with Chamath, Jason, Sacks & Friedberg

E80: Recession deep dive: VC psychology, macro risks, Tiger Global, predictions and more

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Business, Entrepreneurship, Technology

4.010.4K 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/chamath

https://linktr.ee/calacanis

https://twitter.com/DavidSacks

https://twitter.com/friedberg

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

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://www.bloomberg.com/news/articles/2022-05-12/musk-seeks-to-scrap-tesla-margin-loan-with-new-twitter-funding

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://techcrunch.com/2022/05/10/tiger-global-hit-by-17b-hedge-fund-losses-has-nearly-depleted-its-latest-vc-fund/

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/

https://twitter.com/Airbnb/status/1524379284260892674

Transcript

Click on a timestamp to play from that location

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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