4.9 • 654 Ratings
🗓️ 8 July 2022
⏱️ 76 minutes
🧾️ Download transcript
The Sunday Times’ tech correspondent Danny Fortson brings on investor Mike Alfred to talk about the crypto meltdown (8:50), why this is different than the 2008 financial crisis (12:20), why more pain is coming (18:00), why he was worried about Celsius and BlockFi (22:10), and what the collapse means for the economy (28:05). THEN: Alex Garden of Zume comes on to talk about the food supply chain (32:20), alighting on pizza (37:35), replacing plastic with compostable packaging (41:50), the problem with plastic (45:05), how soggy pizza led to a pivot (51:00), scaling up (56:50), days that end in “why?” (1:06:50), and the painful decisions required to survive (1:08:50).
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0:00.0 | Yo, technology. |
0:03.0 | What is it all about? |
0:04.5 | Today, every human on the planet, including you, consumes a credit card worth of plastic a week. |
0:10.6 | And I don't mean, you know, they use those products. |
0:13.0 | I mean, it's in your lungs. |
0:14.8 | It's in your blood. |
0:16.3 | And the byproduct of these microplastics crush your endocrine system. |
0:20.4 | And that's bad enough for |
0:21.5 | adults but it's catastrophic for kids and et cetera, et cetera, et cetera. So this is a humongous problem. |
0:55.0 | Hello and welcome to Danny in the Valley, your weekly dispatch from behind the scenes and inside the minds of the top people in tech. Welcome back, y'all. How's everybody doing? I'm doing swimmingly. You know, it's summer. I've actually taken up swimming. |
0:57.9 | We'll see how long it lasts, but that's cool. |
1:03.3 | You know, you do some laps, feel totally energized, and then like two hours later, you're like, oh, my God, it's nap time. |
1:04.7 | I can't keep my eyes open. |
1:07.0 | But anyhow, try to live right. |
1:08.1 | We'll see how long it goes. |
1:13.9 | Certainly doing better than Boris Johnson, who, you know, had quite the week. |
1:19.4 | But this is not a politics show. So we'll leave that to our friends at the Red Box podcast. |
1:30.6 | Here, we have a great lineup for you this week. We'll be talking crypto, pizza, and the future of humanity. Kind of in that order. So yeah, we have two guests this week. At the top of the show, we will be bringing on |
1:35.7 | Mike Alfred, who's a former tech company founder, turned investor. And for the last year or so, |
1:41.7 | he'd been warning everyone who would listen about Celsius, |
1:44.9 | the crypto lender, who of course we had on the show some months back. |
1:49.1 | Last month, they froze withdrawals for 1.7 million account holders and appear on the |
... |
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