E45: Theranos & VC fraud risks, China bans video games, Texas SB8, Apple app store, CA fires, Rogan
- Sep 3, 2021
- 1:24:00
- Full Episode
Show Notes: 00:00 Besties recap, it's Chamath's Birthday, Callin app 08:58 What should protocol be for conferences & live events? 12:58 Fake it before you make it, the Elizabeth Holmes Theranos trial & implications for fraud in VC 31:28 China's video game ban, is it a good move? 39:34 Texas Senate Bill 8, allowing suing for aiding an abetting abortion 55:09 Apple alters their payment policies 1:03:06 Fires continue in CA, $1T of homes can't be insured & the impacts on real estate values 1:12:48 Joe Rogan & the narratives woven by the media & consumers
Download Callin: https://www.callin.com
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: Elizabeth Holmes Trial https://www.nytimes.com/2021/09/02/technology/elizabeth-holmes-trial-jury.html
China Bans Video Games https://www.reuters.com/world/china/oh-thats-an-idea-us-parents-respond-china-screen-time-ban-2021-08-31/
Texas SB8 https://fortune.com/2021/09/02/texas-abortion-law-business-backlash-match-group-bumble-sb8/
Apple Modifies App Store Developer Payment Policy https://www.wsj.com/articles/apple-to-allow-spotify-other-media-apps-to-link-to-websites-for-payment-options-11630544101
Joe Rogan Covid https://www.nytimes.com/2021/09/01/business/joe-rogan-covid-19.html
Brief Summary
David Sacks discusses his new app Callin, the Elizabeth Holmes trial, Texas abortion law SB-8, and climate change impacts on real estate.
Key points
- Chamath's Birthday Celebration. The podcast kicks off with a light-hearted birthday celebration for Chamath.
- Mr. Beast's Cultural Impact. Discussion on Mr. Beast's rise and potential as a cultural figure.
- Elizabeth Holmes Trial Begins. The trial of Elizabeth Holmes raises questions about Silicon Valley's ethics.
- The Consequences of Fraud. The discussion highlights the need for accountability in the startup world, especially regarding fraud.
- China's Video Game Ban. China restricts gaming for minors to improve health and societal outcomes.
- Texas Abortion Law Overview. Texas SB-8 allows private citizens to sue anyone who aids in an abortion after a fetal heartbeat is detected, creating significant legal implications.
Episode highlights
- Chamath's Birthday CelebrationThe podcast kicks off with a light-hearted birthday celebration for Chamath.“Happy birthday Chamath!”4:00Sep 3, 2021
- Mr. Beast's Cultural ImpactDiscussion on Mr. Beast's rise and potential as a cultural figure.“This guy is clearly on track to being an enormous figure in culture.”7:41Sep 3, 2021
- Elizabeth Holmes Trial BeginsThe trial of Elizabeth Holmes raises questions about Silicon Valley's ethics.“There's going to be an incentive to lie.”17:36Sep 3, 2021
- The Consequences of FraudThe discussion highlights the need for accountability in the startup world, especially regarding fraud.“This was clearly a major fraud big time.”27:13Sep 3, 2021
- China's Video Game BanChina restricts gaming for minors to improve health and societal outcomes.“This is incredibly intrusive into the lives of citizens.”35:00Sep 3, 2021
- Texas Abortion Law OverviewTexas SB-8 allows private citizens to sue anyone who aids in an abortion after a fetal heartbeat is detected, creating significant legal implications.“This law creates a private right of action to sue anyone who aids an abortion.”41:30Sep 3, 2021
- Legal Challenges to Texas LawExperts discuss the potential for the Texas abortion law to be challenged in court, citing its controversial nature and implications for personal freedom.“This law will eventually be invalidated by the Supreme Court.”44:02Sep 3, 2021
- Corporate Silence on Abortion LawDespite previous activism, corporations have remained silent on Texas's new abortion law, raising questions about their commitment to social justice.“Where are all the politically correct people?”49:41Sep 3, 2021





