E14: Salesforce acquires Slack, DeepMind’s AlphaFold breakthrough, Trust Fund Socialists & more
- Dec 3, 2020
- 1:32:23
- Full Episode
Follow the crew: 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
Referenced in the show:
NYT - The Rich Kids Who Want to Tear Down Capitalism https://www.nytimes.com/2020/11/27/style/trust-fund-activism-resouce-generation.html
Coinbase - An upcoming story about Coinbase https://blog.coinbase.com/upcoming-story-about-coinbase-2012afc25d27
NYT - ‘Tokenized’: Inside Black Workers’ Struggles at the King of Crypto Start-Ups https://www.nytimes.com/2020/11/27/technology/coinbase-cryptocurrency-black-employees.html
Show Notes: 0:00 Besties intro, fashion talk & the All-In Syndicate 3:47 Insights on Slack being acquired by Salesforce for $27.7B - why did they sell, are there any nitpicks, was this a home run for Salesforce? 19:14 Sacks on going up against Marc Benioff and Salesforce Chatter while at Yammer, importance of holding onto winners as long as possible 27:26 Why is DeepMind's AlphaFold a major breakthrough? When will it begin impacting drug discovery? Dangers of AI at scale 47:07 Republican party misfires, Georgia runoff implications, can Trump pre-pardon his family, Biden's effective strategy so far 59:21 Trump's Section 230 gambit, will Trumpism fade away? 1:05:23 Trust Fund socialists 1:26:14 Coinbase vs. NYT round 2, https://www.thesyndicate.com/allin
Brief Summary
Salesforce acquires Slack for $27.7 billion; hosts discuss capitalism, trust fund socialists, and Coinbase's response to media criticism.
Key points
- Salesforce Acquires Slack. Salesforce's acquisition of Slack for $27.7 billion marks a record in SaaS transactions.
- The Power of Inter-Company Edges. The acquisition highlights the disruptive potential of inter-company communication via Slack.
- Investment Lessons Learned. The speaker shares insights on the importance of holding onto winning investments.
- AlphaFold Breakthrough. A discussion on AlphaFold's ability to predict protein shapes, revolutionizing biology.
- Ethical Challenges Ahead. The conversation shifts to the ethical implications of advanced AI technologies.
- The Rise of Biodefense. Biodefense is set to become a major industry as digital biology becomes more accessible.
Episode highlights
- Salesforce Acquires SlackSalesforce's acquisition of Slack for $27.7 billion marks a record in SaaS transactions.“Salesforce buying Slack for $27 billion is stunning!”3:56Dec 3, 2020
- The Power of Inter-Company EdgesThe acquisition highlights the disruptive potential of inter-company communication via Slack.“Inter-company edges are the most disruptive thing to email!”6:18Dec 3, 2020
- Investment Lessons LearnedThe speaker shares insights on the importance of holding onto winning investments.“Selling winners prematurely is my biggest mistake as an investor.”24:13Dec 3, 2020
- AlphaFold BreakthroughA discussion on AlphaFold's ability to predict protein shapes, revolutionizing biology.“This is an incredibly important advancement in machine learning.”33:51Dec 3, 2020
- Ethical Challenges AheadThe conversation shifts to the ethical implications of advanced AI technologies.“Google will have to spend a lot of time refining it and face ethical challenges.”34:01Dec 3, 2020
- The Rise of BiodefenseBiodefense is set to become a major industry as digital biology becomes more accessible.“Biodefense is going to become probably one of the biggest industries on planet Earth.”44:52Dec 3, 2020
- Biden's Political StrategyBiden's approach to governance focuses on non-threatening, centrist policies to maintain stability.“Biden has done a really good job right now of appearing non-threatening.”55:40Dec 3, 2020
- The Future of the Republican PartyThe Republican Party may need to shift towards moderate centrism to remain competitive in future elections.“Moderate centrism is the only winning strategy.”1:04:23Dec 3, 2020
