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All-In with Chamath, Jason, Sacks & Friedberg

Epstein Files Fallout, Nvidia Risks, Burry's Bad Bet, Google's Breakthrough, Tether's Boom

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Alllin, Coronavirus, Calacanis, Palihapitiya, Health, Sacks, Friedberg, Allin, Entrepreneurship, Covid19, Gambling, Grow, Investing, Iq, Tips, Tech, Business, Jason, Startups, Poker, Technology, Money, Learn, Davidsacks, Davidfriedberg, Chamath

4.27.1K Ratings

🗓️ 22 November 2025

⏱️ 62 minutes

🧾️ Download transcript

Summary

(0:00) Bestie intros LIVE from The Venetian Las Vegas

(1:13) Epstein Files breakdown

(10:06) Biggest Epstein questions: where did his money come from?

(14:44) Tether's booming business

(23:50) Michael Burry vs. Friedberg, Nvidia's blowout quarter and risks for 2026

(35:25) Google's Gemini 3 and TPU breakthrough

(42:51) Investing your own money vs. LP capital, why Friedberg returned as a CEO

(48:57) Alan Keating joins the show to talk poker strategy, thriving in chaos, risk psychology

Special thanks to The Venetian Las Vegas for hosting us!:

https://x.com/VenetianVegas

Join us at the All-In Holiday Spectacular!:

https://allin.com/events

Follow the besties:

https://x.com/chamath

https://x.com/Jason

https://x.com/DavidSacks

https://x.com/friedberg

Follow on X:

https://x.com/theallinpod

Follow on Instagram:

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Follow on TikTok:

https://www.tiktok.com/@theallinpod

Follow on LinkedIn:

https://www.linkedin.com/company/allinpod

Intro Music Credit:

https://rb.gy/tppkzl

https://x.com/yung_spielburg

Intro Video Credit:

https://x.com/TheZachEffect

Referenced in the show:

https://x.com/RepClayHiggins/status/1990868089056219267

https://x.com/michaeljburry/status/1991289193037746579

https://polymarket.com/event/which-company-has-best-ai-model-end-of-2025

https://x.com/Similarweb/status/1988879389992386897

https://x.com/PokerGO/status/1987406318832132256

Transcript

Click on a timestamp to play from that location

0:00.0

All right, everybody, welcome back to the number one podcast in the world. We are together in person. Yes, the besties are together in Vegas. It's going to be a great time. We're here for F1. This is a test. This is a test. And our friends at the Venetian have been amazing, gracious hosts. They gave us their beautiful studio here. We're going to play some cards. We're going to have Phil Helmuth, Jason Kuhn, all of our Bessies are coming. And I've never stayed at the

0:24.9

Venetian before. It's amazing. Wonderful sweets they gave us. It's beautiful. They VIPed us out.

0:31.9

And this is the place you want to play cards. They've got a beautiful brand new poker room. They

0:36.2

got high stakes room. We'll be playing here later. We'll be playing all afternoon. And and yes, trackside for Formula One. And we're here for F1. We're going to be releasing- I brought a car dealer with me. Wait, you brought a car dealer with him? You know, Matthew. Oh, your car dealer from your home game is here. Yeah, yeah, Matthew. Cardiress. Is he dead money? What's the story here? Is that as if... Sadly. No? Okay. No? Okay. I haven't been in the home game for a little bit and it looks like people got out of line. But anyway, thank you so much to our friends at the Venetian. They're doing a ton of poker content here so you can look at that on their YouTube. All right, everybody, You've wanted us to talk about the Epstein Files and we're going to talk about it today

1:14.1

in a stunning turn of events.

1:15.5

The House and Senate voted nearly unanimously to release the Epstein files.

1:20.4

The vote was 427 to one Chimoth for the Epstein Files.

1:24.5

Who abstained you?

1:25.9

No, the person who abstained, well played, was Republican Clay Higgins from Louisiana.

1:33.1

Thanks for asking.

1:34.1

He said it reveals and injures thousands of innocent people, witnesses, people who provided alibis, family members.

1:39.4

He makes a great point.

1:40.4

But A.G. Pambondi, of course, has addressed that already that they're not going to release any open investigations, and they're going to remove names if it would harm

1:48.3

anybody. The Senate passed it by unanimous consent, which requires a sign off from every

1:53.7

senator and Trump in a reversal, signed the bill last night saying, give them everything.

1:59.6

We did see some emails come out from the Epstein

2:02.6

files last week. Friend of the pod, Larry Summers, was a main character in them. And he was

2:08.8

communicating with Epstein up until 2019 asking him for advice on dating. He's since stepped down from Open AI and several other

2:19.2

public-facing roles. And was just I think put on leave from Harvard. I mean what do

2:25.8

you guys think's going to be the fallout from this I guess is what from the

2:30.0

release of the files is that the question? Yeah I mean I guess we'll put our tinfoil

2:33.6

hats on. Let's break this down so So I think the first question is, what is the relation between the Epstein

...

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