00:00:08
and then we're going to do specialty
00:00:09
drinks up here we'll still have full
00:00:10
sponsor I want one of these right is
00:00:13
obsessed with pal I love I'm in now I'm
00:00:16
a pal guy right
00:00:17
now it's like the Allin intro music Y
00:00:21
which I've done a live arrangement for
00:00:23
with the brass
00:00:26
[Music]
00:00:38
now we're not going to do a year review
00:00:39
discussion we're just going to go right
00:00:41
into I think we caught it yeah yeah
00:00:43
we're going to go right into the awards
00:00:45
well you're going to go right into
00:00:46
you're going to go right into Santa
00:00:47
canis doing B we could do that it's easy
00:00:51
that's the Santa canis change moment
00:00:52
that could be the change exactly how
00:00:54
much time does he need to change
00:01:00
[Music]
00:01:05
it's me Santa that's good yeah I mean
00:01:10
it's pretty hilarious so we're really
00:01:12
excited to have some besy awards to give
00:01:14
out tonight let's get started J are you
00:01:16
back are you here where are you oh God
00:01:17
sorry I was just getting in founder mode
00:01:20
woo let's go Saturday night San
00:01:23
Francisco
00:01:28
[Music]
00:01:44
J you want to warm us up
00:01:47
okay all right everybody let's get loose
00:01:51
we know what we do we have a game plan
00:01:53
we've been doing this for 206 episodes
00:01:56
we're not changing anything we are who
00:01:59
we are we know what to do fry B bring
00:02:02
that science S I got the red meat for
00:02:05
you and Cham I need you as obnoxious as
00:02:08
you can be out there don't worry about
00:02:11
me I got jokes I got jokes for
00:02:13
days we started this in Co and we're
00:02:16
going to finish it on Pennsylvania
00:02:18
Avenue now let's bring it
00:02:21
in 1 2 3 all
00:02:24
in we got
00:02:26
this let's go
00:02:33
America 2024 a year of political
00:02:36
earthquakes extraordinary Market events
00:02:39
War space and the Revelation that Diddy
00:02:43
is super into baby oil authorities
00:02:46
located more than a th000 bottles of
00:02:48
baby oil lubricant it was a year so
00:02:51
profound got to give him that hu too and
00:02:53
spit all that thing America was at times
00:02:56
at a loss for words look um the uh
00:03:04
like I said I'm well put gentle Joe so
00:03:08
tonight we look back the all-in podcast
00:03:12
presents America
00:03:15
2024 what in the [Â __Â ] just
00:03:18
happened the story of 2024 starts with
00:03:22
AI the Revolutionary technology has
00:03:24
fueled a boom in countless sectors but
00:03:27
mostly the legal field
00:03:30
Scarlett Johansson's legal team wants
00:03:32
details on exactly how they were able to
00:03:34
create that voice that sounds like she
00:03:36
said so eerily similar it sounds just
00:03:38
like of course it's a digitally altered
00:03:40
version of scaron and they got caught
00:03:43
Okay cookie jar and AI also created the
00:03:46
most remarkable deep fake video ever
00:03:51
welcome thank they almost look like
00:03:53
friends amazing yes 2024 proved there's
00:03:57
no problem AI can't solve and or cause
00:04:01
Google has had to pause AI made images
00:04:04
quote after race inaccuracies this year
00:04:08
AI helped launch the most drool worthy
00:04:10
tech product in years a computer
00:04:16
chip yeah baby dgx has become the
00:04:21
essential instrument of AI we've never
00:04:24
seen anything like this in the history
00:04:25
of Silicon Valley or Corporate America
00:04:28
Nvidia is K of the AI Revolution and
00:04:31
they're so hot they're literally too
00:04:35
[Music]
00:04:39
hot the information reported that the
00:04:42
chips are overheating in servers but
00:04:44
don't worry there's an elegant solution
00:04:47
to the problem I bought myself this
00:04:49
Hiroshima mask so I do not have to smell
00:04:52
the burn on those
00:04:54
conductors problem
00:04:56
[Music]
00:04:58
solved but in videoid wasn't alone in AI
00:05:01
news open AI was at the Forefront of
00:05:04
Reinventing another crucial industry
00:05:07
office drama lot of drama involving uh
00:05:10
open AI what a mess what's next this
00:05:13
week on General AI
00:05:17
hospital is Sam alman's job security in
00:05:20
Jeopardy whose data was stolen this
00:05:23
time what did Yas see why isn't he
00:05:27
talking about it and with our special
00:05:29
guest will our special guest get her
00:05:32
revenge General AI hospital but Sam
00:05:36
Alman never let the drama distract him
00:05:38
from Open ai's primary Mission
00:05:41
philanthropy it's actually really
00:05:43
important that you're not doing private
00:05:44
enrichment off philanthropic donations
00:05:46
and so you know it's it's but isn't that
00:05:49
what's
00:05:50
happened um um you know I think that the
00:05:54
you know um you know I think like I said
00:05:57
sour grips well said read but even if
00:06:00
open AI was a little more like closed AI
00:06:04
its humble leader Sam Alman was still
00:06:06
toiling away humbly for the bint of
00:06:08
mankind you make a lot of money do you I
00:06:11
make no uh I paid enough for health
00:06:13
insurance I have no equity and open AI
00:06:15
really yeah that's interesting but don't
00:06:17
think this workingclass hero doesn't
00:06:19
suffer did you know that his $1.9
00:06:22
million Supercar wasn't available and
00:06:24
candy apple red like he
00:06:27
wanted still it wouldn't be a year in
00:06:30
review without mentioning Elon Musk who
00:06:32
incidentally we will all be required to
00:06:34
mention daily in 2025 as Bound by
00:06:36
federal
00:06:39
law the world's jumpiest capitalist and
00:06:42
the new co-leader of the Free World
00:06:44
showed everyone in 2024 that being Elon
00:06:48
Musk is a pretty [Â __Â ] sweet gig from
00:06:52
soaring in space to delivering charity
00:06:55
from business Booms to getting anointed
00:06:58
by Joe Rogan as free speeds Jesus from
00:07:01
getting hired in politics to getting
00:07:03
hired to fire people in politics 2024
00:07:07
was a year that couldn't shake Elon Musk
00:07:09
just ask this guy you know he likes this
00:07:11
place I can't get him out of here and it
00:07:13
was all prophesized by our own David
00:07:16
Palpatine everything has proceeded as I
00:07:19
have foreseen 2024 was a banner year in
00:07:23
Tech and in how many giant names we
00:07:26
tricked into coming on our podcast I
00:07:28
love that house he has I love David's
00:07:30
house I can't believe I get to sit down
00:07:32
with one of the most famous investors in
00:07:34
Uber it was like the hand of God
00:07:36
massaging my central nervous system what
00:07:39
the flying happened if you have specific
00:07:41
questions I'm happy to did somebody stab
00:07:43
you in the back did you find AGI oh my
00:07:46
god what have we done inviting these
00:07:47
lunatics on the program hold on guys I
00:07:50
got to get into founder mode oh wow
00:07:53
founder mode he founder mode I'm I'm
00:07:55
going to found sh I got a Founder mode
00:07:57
too where's J oh
00:08:03
sh speaking of financial highs 2024
00:08:07
experienced a wide range of viewpoints
00:08:09
from the effectiveness of ESG to
00:08:11
disagreement on new CTA Boi reporting
00:08:13
but there was unanimous agreement on one
00:08:16
key financial issue Lena KH has become
00:08:18
the most aided and feared person on Wall
00:08:21
Street and Lena KH is utterly
00:08:22
ineffective what Lena Khan has done is
00:08:24
just go after quote bigness which just
00:08:26
means stopping these companies from
00:08:28
doing anything that would make and
00:08:29
bigger the only acquisition she couldn't
00:08:31
stop chok's $5,000 sweater habit oh yeah
00:08:35
chamach strut your stuff let's talk
00:08:37
about the sweaters this Jason oh really
00:08:40
is the thin summer gillet okay beautiful
00:08:47
cashmir [Â __Â ]
00:08:49
yeah these days the all-in boys and
00:08:52
their friends are looking Slim in their
00:08:54
cash bear thanks to a new class of
00:08:56
Miracle drugs that stormed the world of
00:08:58
Biotech in 2024 OIC OIC OIC Game Changer
00:09:04
injectable weight loss drugs are hot in
00:09:06
our poker group like four of the 12 or
00:09:09
13 regulars are on it 2025 is looking to
00:09:12
be the year gp1s change the face of
00:09:14
everything literally but we heard that
00:09:17
term OIC face first we had OIC face and
00:09:21
now we have OIC
00:09:25
but but if 2024 will be remembered for
00:09:28
one thing it will be for shining a light
00:09:31
on elder abuse our 46 president stepped
00:09:35
aside introducing the country to a fresh
00:09:38
new upstart ready to tackle the problems
00:09:40
of a fractured country I grew up a
00:09:43
middle class kid I grew up a middle
00:09:45
class kid I grew up a middle class kid I
00:09:47
grew up a middle class Kid President
00:09:49
Trump however wouldn't stand by idly and
00:09:51
let kabala torch her own campaign
00:09:54
they're eating the dogs the people that
00:09:56
came in they're eating the cats in the
00:09:58
end however it wasn't even close
00:10:01
literally nothing literally nothing
00:10:03
literally not one
00:10:06
County there was just so much to 2024
00:10:10
that we can't cover it all from Trump
00:10:12
nearly getting assassinated to Trump
00:10:14
nearly getting assassinated from
00:10:16
continued Wars in Europe and the Middle
00:10:18
East to continued battles on the home
00:10:20
front from the cringiest of tick toks to
00:10:22
Black nais and an Aussie dance Legend
00:10:25
2024 was anything but very demure very
00:10:30
mindful with 2024 in the rear view
00:10:33
mirror let's turn to our outgoing
00:10:36
president for some Sage advice on our
00:10:38
Collective future but I tell you what I
00:10:40
don't know about you but I'm going to go
00:10:42
to
00:10:43
bed let your Winn's ride ladies and
00:10:47
Gentlemen please join me in welcoming
00:10:52
your bestie
00:10:55
[Applause]
00:11:00
[Music]
00:11:02
[Applause]
00:11:14
what's
00:11:16
up Merry
00:11:19
Christmas welcome
00:11:21
zarx you weren't allowed to say Merry
00:11:23
Christmas until about 3 weeks ago Merry
00:11:26
[Â __Â ] Christmas everybody where
00:11:28
where's
00:11:29
happy holidays where's
00:11:31
jcal where's
00:11:33
jcal jcal
00:11:37
jcal it is I Santa canis here to spread
00:11:43
joy and stock options and Bitcoins to
00:11:46
All These Fine San Francisco They thems
00:11:50
it's
00:11:52
whatevers oh this is starting off
00:11:55
horribly but
00:11:58
okay oh oh Santa canis where are you
00:12:00
coming from well you know uh you know
00:12:04
they paid money for this right you could
00:12:06
have at least memorized your
00:12:08
lines it's just too funny sometimes the
00:12:10
cold opens work and sometimes they don't
00:12:12
they don't it's true it's true the
00:12:14
problem is this one this one's supposed
00:12:16
to go for 8 minutes so 8 minutes you
00:12:19
have stuff in there for 8 minutes it's
00:12:21
not like you guys are going to make this
00:12:22
crowd laugh okay
00:12:24
so no it's uh we moved the North Pole we
00:12:28
moved it where'd you move it to well it
00:12:30
was a problem because you know all these
00:12:32
elves who've come across the border up
00:12:34
there tons of fent andol it's a disaster
00:12:37
terrible and just crazy inflation up
00:12:39
there so we we moved the North Pole down
00:12:41
to Austin Texas oh it's it's an Austin
00:12:45
Texas now yeah better tax treatment you
00:12:48
know can you get elves there s you know
00:12:50
it's a little bit hard some of them have
00:12:53
come across the border some of them work
00:12:55
hard other ones not so much have you
00:12:58
automated well you know it's interesting
00:13:01
you say that oh oh no milk and cookies
00:13:04
I'll take some Bitcoin if you have any
00:13:06
extra okay thank you there Troth yes
00:13:09
we've done some
00:13:11
automation yes oh here it is everybody
00:13:15
you know we have a lot of problems with
00:13:19
the elves you know they've been
00:13:20
unionizing Sachs it's too much
00:13:22
regulation but we can get these here
00:13:25
from 1 x only $1 per hour but we need
00:13:29
you back in Santa's lab okay you need to
00:13:31
be building some toys okay now get back
00:13:34
to
00:13:36
work yeah we don't have HR anymore okay
00:13:39
so what are you doing after yeah no I
00:13:41
mean I got my friends got the good K
00:13:44
okay we'll talk later who robot is this
00:13:46
it's Santa's uh robotic elf right s s
00:13:49
sorry hold on a second hold on before we
00:13:52
continue with this clearly incredible
00:13:54
bit that you two ding-dongs wrote I I
00:13:57
was just told to read can we just say a
00:14:00
cheers for the new
00:14:03
[Applause]
00:14:06
Zar ma bro
00:14:10
congratulations yes congratulations
00:14:13
there congratulations
00:14:17
Z it's a little hard with the $27 Amazon
00:14:20
Santa
00:14:22
suit well you know guys I have the list
00:14:25
here that you guys were asking about
00:14:28
this is the na this bit goes on for like
00:14:30
8 minutes hold on I've got the naughty
00:14:33
and the nice list it's a pretty big list
00:14:35
this year let's take a look Sam Ortman
00:14:38
is on the naughty list very naughty two
00:14:42
three four times on the naughty list oh
00:14:46
Jensen also on the top of the list uh
00:14:48
you know Santa's got a lot of that
00:14:50
Nvidia 20 bagger so far woo yes also
00:14:54
some Nvidia employees here they didn't
00:14:55
sponsor though oh I don't know why why
00:14:59
he's so cheap okay Santa canace I think
00:15:01
it's time for you to go back to Austin
00:15:03
yeah well you know I have to do another
00:15:06
podcast yeah it's it's got 20 times the
00:15:09
ratings of Allin it's called hot ones I
00:15:12
don't know who the host is but uh you're
00:15:15
getting beaten in the ratings by 12
00:15:16
chicken wings congratulations boy more
00:15:19
work for you guys okay I'll see you next
00:15:21
time great every bye everybody s can out
00:15:24
of here
00:15:29
[Applause]
00:15:31
[Music]
00:15:36
okay well you you have to you have to
00:15:39
admire the dedication to the bit most
00:15:42
people have given up after about 2
00:15:44
minutes he just kept going with it he
00:15:47
really he's really committed he keeps
00:15:49
going yeah it's great so just to get you
00:15:52
guys oriented thank you all for being
00:15:55
here this is going to be awesome
00:16:00
we got a great night planned we got a
00:16:02
show we're going to walk through the
00:16:04
bestie Awards tonight it's going to be
00:16:06
super fun and uh here we go here we go
00:16:08
sorry I'm late I was in an Uber I was in
00:16:10
an Uber I heard Santa Claus showed up an
00:16:13
Uber Uber okay oh sorry let's do a
00:16:16
drinking game the number of times jcal
00:16:18
shills as companies we need to
00:16:22
drink Jal introduce the awards let's
00:16:25
kick this off how's this going to work
00:16:26
oh okay so uh you guys know we do this
00:16:29
amazing uh bestie Awards so we're going
00:16:31
to do a bunch of bestie Awards here live
00:16:33
on stage and interestingly this year we
00:16:35
actually made a besti award it's right
00:16:38
next to you chamat maybe you can hold
00:16:40
one up saak go ahead and take a look at
00:16:41
this now this bestie award is two men
00:16:45
embracing in a long awkward
00:16:49
hug and many people don't know the
00:16:52
inspiration for this awkwardness but
00:16:54
here it is to remind everybody there it
00:16:57
is and that that's actually chth and
00:17:01
David Sachs and David Sachs is actually
00:17:04
reating the hug he actually re you're
00:17:07
saying that we were the mold for for
00:17:09
this it was cast out of our body shapes
00:17:13
it's your it's uh actually accurate down
00:17:17
to the uh inch yes it's very very
00:17:19
accurate you and saxs uh sax you and
00:17:23
chath they hugging uh so the first award
00:17:26
we're going to do is business biggest
00:17:29
winner Biggest Loser and biggest
00:17:33
surprise so chth would you like to kick
00:17:36
it off with your biggest business
00:17:39
winner I think the biggest business
00:17:42
winner of
00:17:44
2024 is the business of
00:17:49
speech and what I mean by that is I
00:17:53
think that we have made freedom of
00:17:55
speech a very successful business model
00:18:00
all right well done yeah who's your
00:18:03
biggest business winner saxs well I I
00:18:05
wanted to be original but I really
00:18:06
couldn't I thought it was so obvious
00:18:08
this year it has to be Elon Musk okay
00:18:10
Elon Musk that's always a safe Choice
00:18:12
freeberg who do you have it's SpaceX
00:18:15
starlink Starship I don't know what else
00:18:18
close comes close what's that well I
00:18:21
mean first neurs and SpaceX at like a
00:18:23
$350 billion valuation like tripling
00:18:26
from that level in a year it's insane
00:18:29
never been done before the boundaries
00:18:31
just don't matter it's incredible it is
00:18:33
incredible I went with Nvidia just to
00:18:35
mix it up uh who's your biggest business
00:18:37
loser saxs I said the biggest business
00:18:40
loser was the Legacy Media oh mainstream
00:18:44
media okay they uh they lost the
00:18:47
election and something like half their
00:18:49
ratings and they've been exposed as
00:18:52
basically being overpaid
00:18:54
podcasters
00:18:56
okay I mean
00:18:58
but podcasters aspire to be overpaid
00:19:01
Legacy Media hosts yeah chamath who is
00:19:05
your biggest business loser business
00:19:07
loser Intel from the company that
00:19:12
basically commercialized Mo's law for
00:19:15
the advancement of humanity to just a
00:19:18
totally confused shell of its former
00:19:21
self H who do you got freeberg as your
00:19:24
biggest business
00:19:26
loser very old business has had a kind
00:19:30
of mantle Place position in the United
00:19:32
States for decades and that would be
00:19:34
Boeing which seemed to unravel this year
00:19:38
with um obviously the debacle with the
00:19:40
Aerospace program particularly with
00:19:42
Starliner stranding some astronauts
00:19:44
needing to get rescued and there's a lot
00:19:46
of turnover happening in the
00:19:48
organization it just seems like a mess
00:19:49
you know I went with Apple only because
00:19:51
I felt division Pro felt flat the new
00:19:54
iPhone 16 not very strong and I feel
00:19:57
like they're a drift and we Buffett sold
00:19:59
all the shares in it I feel like the
00:20:00
company could do much better that's a
00:20:02
well their their stocks up like 30% this
00:20:05
year I think it's a little bit in the
00:20:07
middle but I think it's based on
00:20:08
potential I think they should be
00:20:09
releasing great new products and they
00:20:11
aren't okay uh let's go to business
00:20:13
surprise did you have a business
00:20:15
surprise over there Saxy poo I said
00:20:18
paler was the biggest business surprise
00:20:20
this
00:20:21
year I mean I thought the company would
00:20:24
do well but it stock went up 5x this
00:20:27
year from 16 a share to
00:20:30
76 completely counterintuitive it just
00:20:33
the market cap of paler just passed the
00:20:36
market cap of locked Martin the amazing
00:20:40
counterintuitive thing about paler was
00:20:42
how much time they spent with their
00:20:46
customers everybody shat on that idea
00:20:50
and they were totally right totally
00:20:53
right uh so were they your biggest
00:20:55
surprise as well uh no my biggest
00:20:59
business
00:21:00
surprise uh are
00:21:03
gp1s I think the number of markets that
00:21:07
it seems to help this year it went from
00:21:10
weight loss to cardiac Fitness to
00:21:14
depression to drug addiction uh alcohol
00:21:18
I mean you know it's basically a wonder
00:21:20
drug of Wonder drugs and also I think
00:21:23
you might be interested they said it can
00:21:24
help with compulsive gambling as well
00:21:27
chth that is I am not on a
00:21:31
glp1 I don't have a
00:21:34
problem okay freeberg do you have a
00:21:36
surprise I was surprised by the return
00:21:39
of kind of the long taale of crypto uh
00:21:42
it's made it's come roaring back and
00:21:46
everything seems to be on fire again no
00:21:49
comment from the crypto Zar I know but
00:21:51
crypto comeback is crypto crypto
00:21:53
comeback the longtale crypto comeback I
00:21:55
feel like Bitcoin was always a different
00:21:57
story but the long TS got a I I looked
00:22:01
at it and I I always love great products
00:22:03
I picked Google everybody was talking
00:22:05
two years ago about how Google was
00:22:07
falling behind and 10 Blue Links weren't
00:22:10
going to work work the Gemini app is
00:22:12
absolutely fantastic I've been using
00:22:14
Gemini app it's as good or better than
00:22:17
do do J trade Google Shares i i j trade
00:22:20
some shares yes I have I traded some
00:22:23
Google
00:22:24
Shares also weo also delightful and you
00:22:28
know they had a rough year with some of
00:22:29
that woke uh imagery in in uh Gemini but
00:22:33
I think they had a great rebound soo's a
00:22:35
really good story yeah I think felt like
00:22:37
it's like what is that business a year
00:22:39
and a half ago two years ago and I don't
00:22:41
know you I've been taking Whos around
00:22:43
the city you don't do City my sister and
00:22:46
my brother-in-law are visiting this
00:22:48
weekend there they are hey how you doing
00:22:50
guys and uh they took a wh yesterday and
00:22:53
I saw the video and basically what you
00:22:56
have is my brother-in-law who's like
00:22:58
totally Blown
00:22:59
Away my sister who's like cautiously
00:23:03
optimistic and they two kids who are
00:23:05
like pinned to the back in fear cuz
00:23:08
they're like who is driving this and my
00:23:10
and my brother-in-law who's who's Indian
00:23:12
he's like don't worry there are people
00:23:14
like us somewhere driving this
00:23:20
car okay let's uh let's go to politics
00:23:23
Sachs here's your red meat I can't
00:23:25
imagine who you have as your political
00:23:27
winner but I know you probably struggled
00:23:29
over this one this one's pretty obvious
00:23:32
it's the the man who won the white house
00:23:38
uh he actually he only won the White
00:23:41
House he won the house he won the Senate
00:23:43
he won the popular vote and he overcame
00:23:46
a hostile media he overcame two
00:23:49
assassination attempts one that missed
00:23:52
him by millimeters so my biggest
00:23:55
political winner for the year is Donald
00:23:56
Trump okay there it is folks
00:23:59
biggest winner wow you just glow when
00:24:02
you mentioned djt just glowing we don't
00:24:05
even need to like the stage when we say
00:24:07
djt it's like a fusion reactor chamath
00:24:12
who is your biggest political winner for
00:24:16
2024 my biggest and listen to this very
00:24:18
carefully
00:24:19
folks my biggest political winner of
00:24:24
2024 is David [Â __Â ] Sachs
00:24:29
let's go Dam sacks [Â __Â ] yeah nicely done
00:24:35
all right um say more say more well I
00:24:40
said
00:24:42
this before but I'll say it
00:24:45
again i' I've never seen a team of
00:24:48
people assembled in any
00:24:50
government um like this and I really do
00:24:55
mean what I say this is really the best
00:24:56
of everything that happens a guy that
00:24:59
has
00:25:01
immigrated okay a guy that's worked his
00:25:04
ass off he's done it in many different
00:25:07
places in many different ways he's an
00:25:10
amazing friend and he's [Â __Â ]
00:25:13
brilliant and we need brilliant people
00:25:16
yeah way to go did you have a uh
00:25:18
political winner there uh Friedberg I
00:25:20
know you don't talk too much about
00:25:21
politics I went well I went with
00:25:23
Independent Media I think that it
00:25:24
totally reinvent everyone talks about
00:25:26
this but it had such a huge impact in
00:25:29
changing the narrative getting new
00:25:30
messages out there that were being
00:25:32
filtered or distracted away in other
00:25:35
context so I thought that was the
00:25:36
biggest winner and everyone's talking
00:25:38
about the Legacy Media anchors all
00:25:40
leaving and moving to Independent
00:25:43
podcasting platforms and so on so that
00:25:45
was the biggest winner I thought all
00:25:46
right I picked the PayPal Mafia yourself
00:25:49
included of course sax but Peter teal JD
00:25:53
obviously strong the whole group I think
00:25:55
really did a great thing now whether you
00:25:58
are a fan of Donald Trump's or not if
00:26:01
you're left or right I feel really great
00:26:04
that you guys are around Donald Trump
00:26:06
and I feel really optimistic and great
00:26:08
energy for the country uh so the fact
00:26:10
that the PayPal Mafia is there yourself
00:26:12
included Sachs makes me feel really
00:26:14
great about the next four years and I'm
00:26:16
so proud uh that you're doing this and
00:26:18
it's a great sacrifice for your country
00:26:20
you could use these cycles for your own
00:26:22
benefit and you're using these cycles
00:26:24
for the benefit of America and humanity
00:26:26
and I think that deserves a big round
00:26:30
Applause okay thank you well you know
00:26:34
one thing I'll say is chamath and I uh
00:26:37
co-hosted the um the dinner for
00:26:39
president trump it was on June 6 of this
00:26:43
past year I remember that because it was
00:26:44
dday I thought that was somehow
00:26:47
significant but they asked me if um if I
00:26:50
would be willing to host a a fundraiser
00:26:52
for president Trump and I said well how
00:26:54
much do we need to raise and they said
00:26:57
well at a minimum 5 million and I didn't
00:27:01
I I thought maybe that's a hard number
00:27:02
to raise because there's not that many
00:27:04
Republicans in San Francisco so the
00:27:05
first call I made was to this man shath
00:27:09
and I said would you co-host this with
00:27:11
me because I figured okay well if nobody
00:27:14
shows up jamaath and I can just split it
00:27:16
and
00:27:19
uh you dollar cost average you're
00:27:22
fundraiser that's so bad he dollar cost
00:27:25
average dude so I knew I knew he could
00:27:27
pick up the check with me it was uh so
00:27:30
in any event it was a big ask for from
00:27:33
chamath because chamath had never
00:27:34
supported Republicans before obviously
00:27:36
I've been a crazy right Wier from way
00:27:38
back but jamaath had had only supported
00:27:41
Democrats and uh he said he was in and
00:27:44
he decided to co-host it with me and so
00:27:47
based on that I told him okay we're in
00:27:50
we can do this and then it turns out
00:27:52
that more and more people wanted to come
00:27:54
because we showed some conviction so
00:27:56
then we had 8 million committed then 10
00:27:59
million committed then we end up raising
00:28:01
12 million that night 13 I thought 13
00:28:03
and then 13 well we got another million
00:28:05
on top of it so we end up raising 13
00:28:06
million that night so yeah but it it
00:28:08
wouldn't happened unless he decided to
00:28:10
coost it with me so thank you jam all
00:28:12
right um political losers who do we
00:28:16
got I mean I know this is a tough one
00:28:19
too I I've already said this so this is
00:28:21
going to be repetitive but it is of it's
00:28:24
the thing that disappointed me the most
00:28:27
personally uh I think the biggest
00:28:30
political loser was Barack
00:28:34
Obama it's the same thing where there
00:28:36
were so many of us that literally would
00:28:38
have stood in line for hours to just
00:28:41
shake his hand I guess I just revered
00:28:44
the idea of who he
00:28:47
was and then I just saw a person that
00:28:51
was reduced to honestly not telling the
00:28:55
truth and doing it repeatedly and
00:28:58
repeatedly and it just lost a tremendous
00:29:01
amount of cache that I had for him and
00:29:04
The Sensation that I had of who he was
00:29:06
as a
00:29:07
man uh who do you got freeberg biggest
00:29:10
loser it's been said I just went with
00:29:12
Legacy Media so my biggest political
00:29:15
loser was
00:29:17
lawfare I thought lawfare was The
00:29:19
Biggest Loser because not only did it
00:29:21
not work it backfired it backfired
00:29:25
remember you predicted yeah exactly um
00:29:28
remember they started the law fair right
00:29:30
when the Republican primary started and
00:29:33
I think Donald Trump would have won it
00:29:34
anyway but once they started these sham
00:29:37
trials they tried to bankrupt him they
00:29:39
went after his kids they tried to
00:29:41
imprison him Republican sh uh support
00:29:44
shot through the roof and he won the
00:29:46
Primary easily and then they did the
00:29:47
same thing in the general and it
00:29:49
activated and sort of radicalized a lot
00:29:52
of people including myself because it
00:29:53
was so unamerican to try and imprison
00:29:56
your political opponent so I think it
00:29:58
mely backfired and of course it wasn't
00:30:01
just against trump it was also against
00:30:02
Elon too well where did that get him
00:30:05
they turned Elon from someone who
00:30:07
identified formerly as a Democrat or an
00:30:09
independent to someone who became a
00:30:12
republican so it was not only not only
00:30:14
did it not work it basically did the had
00:30:17
the exact opposite effect of what they
00:30:19
intended yeah I I picked the um I picked
00:30:21
Biden and the Democratic machine as my
00:30:24
Biggest Loser for obvious reasons and as
00:30:27
we talked about on the pod gosh it was
00:30:29
so obvious that they were covering up
00:30:32
Biden's cognitive decline and we're all
00:30:34
sadly going to be in Decline at some
00:30:37
point in our lives and that should be
00:30:39
something where that person is supported
00:30:42
and not abused in the way he was abused
00:30:44
I I felt it was elder abuse we make that
00:30:45
as a joke and then not running a speed
00:30:48
primary and that's when for me a left
00:30:51
leaning moderate I I felt like I can't
00:30:53
support this if you don't actually have
00:30:55
a primary process and I think they
00:30:57
destroyed the party and it just has to
00:30:59
be rebuilt from the bottom up uh it was
00:31:01
a disaster and um I'm super disappointed
00:31:04
like many people in their thuggy and
00:31:07
criminal type Behavior I felt it was
00:31:09
really low ethics and um I'm I'm not
00:31:11
happy about
00:31:14
it okay let's go political surprises
00:31:17
political surprises anybody have a
00:31:19
surprise chath you look like you got one
00:31:20
ready to go my political
00:31:23
surprise
00:31:24
is JD Vance
00:31:29
um I don't
00:31:31
think if this works out properly there
00:31:34
will be a Republican party the way that
00:31:37
you normally knew it I think it is a
00:31:40
Maga
00:31:42
party and I think that JD Vance has the
00:31:46
potential to become the standard
00:31:49
Bearer past Trump so that Baton Pass I
00:31:54
think has the best potential and what
00:31:56
I'll tell you about him as a person
00:31:58
is this is a guy if you have a chance he
00:32:00
will be here a lot I suspect especially
00:32:03
because of
00:32:04
David meet the
00:32:06
man understand where he's coming from
00:32:08
this is an incredible human being I re I
00:32:11
really do mean that folks and I'm like a
00:32:14
skeptical kind of gen generally I'm not
00:32:17
super fusive about people you're
00:32:18
thoughtful about who you would with he's
00:32:22
an incredible human being yeah you got a
00:32:23
surprise for us freedberg what was your
00:32:25
surprise this political season 2024 I
00:32:28
listened to the episode of pod save
00:32:30
America last week where the Democratic
00:32:34
Leadership that ran the the haris
00:32:36
campaign uh kind of gave their breakdown
00:32:38
on what happened and what struck me the
00:32:41
most about the conversation and the way
00:32:43
they talked about everything was
00:32:44
everything was about some demograph
00:32:46
demographic heuristic black males should
00:32:49
do this white college educated female
00:32:52
should do that everything was broken
00:32:54
down to this like you are defined by
00:32:58
whatever label we put on you and we
00:33:00
expect that voting block and we analyze
00:33:02
you as a voting block as a group and how
00:33:04
you all move together and all of that
00:33:07
[Â __Â ] broke down what happened in this
00:33:09
election cycle was a lot of people voted
00:33:12
as independently minded people in a way
00:33:15
that I think broke their brains they
00:33:17
didn't understand how and why people
00:33:19
were starting to think on their own and
00:33:23
so I don't think anyone anticipated that
00:33:26
going into this year it's certainly
00:33:27
closely coupled with the rise of
00:33:29
Independent Media but individuals taking
00:33:31
choice for not just being categorized
00:33:33
and labeled and bucketed and told how to
00:33:35
vote and what to think and what to do
00:33:37
people stood up and said I'm going to
00:33:38
have my own thoughts on stuff and
00:33:39
suddenly all of the models broke that
00:33:42
was the biggest surprise and I thought
00:33:43
it was like a big sea change United
00:33:45
States something I think it's a really
00:33:46
great Point you're making one great
00:33:48
thing that could come out of this is the
00:33:50
return to judging people by their
00:33:53
character their performance their
00:33:55
actions as opposed to Identity politics
00:33:58
which is a true dead end in our society
00:34:00
I think it's really well said freeberg
00:34:02
did you have a political surprise this
00:34:04
year Sach yeah I would say building on
00:34:06
what you guys said my biggest political
00:34:07
surprise was that even in deep blue
00:34:10
cities like San Francisco the voters
00:34:13
rejected the woke left in favor of more
00:34:16
moderate alternativ so here in San
00:34:20
Francisco we got Daniel lurry as mayor
00:34:23
uh he was elected Dean Preston and Aaron
00:34:25
peskin were defeated we have a moderate
00:34:27
major majority On The Board of
00:34:28
Supervisors in Oakland the leftist mayor
00:34:31
and d da got recalled in LA county uh we
00:34:35
beat uh George gasone who was the Soros
00:34:39
da Statewide uh prop 36 pass this is the
00:34:44
uh proposition to make crime illegal
00:34:46
again and uh and so even in a deep blue
00:34:50
State like California you're seeing a
00:34:52
return to uh
00:34:54
sanity you know I had a surprise I was
00:34:57
going to say
00:34:58
podcast but when I thought about it it
00:35:00
was obvious to us and I think a lot of
00:35:02
people that podcast were going to play a
00:35:04
big role and it's clear
00:35:07
podcasts um played a big role but I want
00:35:09
to specifically shout out fredberg and
00:35:12
our podcast for bringing up the topic
00:35:15
two or three years ago of the budget
00:35:17
deficit and our outof control spending
00:35:20
and you harped on this
00:35:22
freedberg
00:35:24
and you know I I thought the election
00:35:28
would be a referendum on Trump's
00:35:29
behavior in the past I thought it would
00:35:31
be a referendum on abortion and and a
00:35:33
women's right to choose and I'm not
00:35:34
saying these aren't important issues but
00:35:37
now it's turned out that efficiency of
00:35:39
our government and our fiscal
00:35:41
responsibility and what we pass on to
00:35:42
our children is now the most important
00:35:45
issue I want to pause for a second
00:35:47
Hallelujah but yeah and I think it's a
00:35:50
big round of applause for freeberg
00:35:51
because I just want to pause for a
00:35:52
second of how unpopular that topic was
00:35:55
we set ourselves on the Pod there there
00:35:57
is no way that any politician will ever
00:36:00
take this up because it's too toxic to
00:36:02
talk about cutting spending you'll never
00:36:04
get elected Etc and now we're sitting
00:36:06
here and I think because of you harping
00:36:08
on it us talking about it Elon caring
00:36:11
about it V who came on the Pod and he
00:36:14
really got passionate about it now we
00:36:16
have Doge and one of the greatest things
00:36:18
that could happen in this Administration
00:36:20
and I would be very proud you know of of
00:36:23
your contribution and the pod's
00:36:24
contribution to this is if we can just
00:36:27
control are spending so we do not
00:36:30
mortgage our children's future
00:36:32
disastrously and and this is the most
00:36:34
important thing over the next year to if
00:36:35
you don't like Trump and you didn't vote
00:36:37
for him you can support Doge you can
00:36:39
support Elon you can support having a
00:36:42
balanced budget and US controlling
00:36:45
spending it is an issue for all
00:36:47
Americans truly all right this is a hot
00:36:50
start we got a hot start C me one of
00:36:52
those Awards there here you go here we
00:36:54
go all right J Cal's going to invite our
00:36:55
first guest tonight right look at this
00:36:59
wow this is some serious man love that's
00:37:02
me and chamath should we clean up the
00:37:05
naughty and nice list by the way off the
00:37:07
uh okay it's an ergonomic representation
00:37:09
of uh me and shamal hugging it out it's
00:37:12
not easy to give a hug like that when
00:37:14
you're on the spectrum is it saxs not
00:37:16
not easy but you got through it um so
00:37:20
it's it's a strength for him tonight I'm
00:37:22
very proud to give the award for setting
00:37:26
the most money on fire in pursuit of a
00:37:29
failed campaign to the one the only
00:37:32
Aaron Levy friend of the Pod from box
00:37:34
welcome Aaron
00:37:38
[Applause]
00:37:42
leie this is a very very special wow
00:37:44
okay
00:37:45
[Music]
00:37:47
yeah okay uh I have no idea why I said
00:37:51
yes to this so um also what the hell is
00:37:53
this thing um I think this is the
00:37:56
closest I'll ever get to speaking at the
00:37:58
Republican National Convention so um so
00:38:01
thank you good to be here I have a I
00:38:05
have a couple
00:38:07
notes
00:38:09
so first of all why didn't mark cubin or
00:38:11
venod coal accept this why is this me
00:38:13
why I don't I don't understand what
00:38:15
happened here venod doesn't have a sense
00:38:16
of humor okay okay so um all right so
00:38:20
yes uh we did waste a little bit of
00:38:23
money on this campaign but um but it
00:38:26
went to the Vegas fear so did you see
00:38:28
this fear and how well that was the The
00:38:31
Campaign used that money so I decided to
00:38:34
do a little bit of a post morm so we
00:38:36
called the campaign and talked to kamla
00:38:37
uh just to you know understand
00:38:39
afterwards you know what the reaction
00:38:40
was her response uh stood out to me
00:38:43
actually pretty profoundly so I I
00:38:44
actually wrote it down I wanted to make
00:38:46
sure I got it kind of word for word she
00:38:48
she said and I quote I'm in the arena
00:38:51
trying
00:38:53
stuff some will work some won't but
00:38:58
always
00:38:59
learning and you know I I actually felt
00:39:02
like that was a really good and profound
00:39:05
way to to think about the
00:39:06
campaign so I left I left a lot better
00:39:10
after after hearing that
00:39:12
so now I do want to congratulate David
00:39:15
Sachs um obviously on his new role in
00:39:18
the administration pretty incredible uh
00:39:20
the the PayPal Mafia takeover of the
00:39:22
government is now complete so so good
00:39:24
work on
00:39:26
that um
00:39:28
you know I was getting worried actually
00:39:29
so so they told me about this actually
00:39:31
like three or four days ago changed the
00:39:32
whole plan obviously Midway nothing
00:39:34
nothing about what is going on right now
00:39:36
was was the plan um but I was you know
00:39:39
had to kind of say a couple lines about
00:39:40
each person and so David I was getting
00:39:41
worried about because I didn't you know
00:39:44
sort of I've been worried for David
00:39:45
because I didn't know what he would do
00:39:47
given Trump promised to end the war in
00:39:49
Ukraine like what else is David going to
00:39:52
talk about so you know i' I've known
00:39:55
David's views on the the you know the
00:39:57
the the war in Ukraine um but I actually
00:40:00
didn't know that that uh it was so
00:40:01
serious that you become a zar I mean
00:40:03
that's that's pretty that's pretty
00:40:06
impressive now what's cool about David's
00:40:08
new role waiting the Council of advisers
00:40:11
for Science and Technology is you can
00:40:13
kind of think about him as like the IT
00:40:14
guy of the government now so so if you
00:40:18
have any issues with a DMV website he is
00:40:21
he's your
00:40:22
guy and you also have the benefit of
00:40:25
being the crypto Zar so I think if if
00:40:27
you could just let us know at some point
00:40:28
in the conversation what do you think
00:40:30
the price Target is on the Haw Tua coin
00:40:31
like where are we where are we headed
00:40:34
with
00:40:35
this um now David works in the
00:40:38
government which means we have an inside
00:40:40
track for some of the uh the besties um
00:40:43
which I think it'll be pretty helpful
00:40:44
for various positions in the in the
00:40:46
cabinet um and I know there's already a
00:40:48
pick for this one but if a position
00:40:50
happens that opens up for transportation
00:40:53
secretary maybe you could let them know
00:40:54
that Jason was the first investor in
00:40:56
Uber
00:40:58
and and I feel like that would make him
00:41:01
an expert in this in this topic third or
00:41:04
fourth I think actually yeah I was just
00:41:06
going off of Wikipedia so um
00:41:09
so I changed it today in anticipation
00:41:13
now unfortunately Jason's probably
00:41:15
disqualified uh for for the cabinet
00:41:18
because somehow he's actually even more
00:41:19
woke than me um this guy loves masks
00:41:23
more than Anthony fouchy uh he once he
00:41:26
once tweeted
00:41:29
and I actually want to be very clear
00:41:30
about this this was in October of
00:41:32
2021 he once tweeted not to be a narc
00:41:36
but half the folks are not wearing masks
00:41:38
at the Staple Center right
00:41:41
now
00:41:44
H # super
00:41:48
spreader I I added the hashtag sorry um
00:41:52
okay and uh speaking of Co we're going
00:41:54
to bring it home now um
00:41:57
freedberg I know this situation must be
00:42:00
very difficult for you with RFK you know
00:42:03
Junior coming on board everyone knows
00:42:05
about Preppers building out bunkers in
00:42:07
case of disaster right you you sort of
00:42:09
you everybody talked about these kind of
00:42:10
Preppers freeberg bunker looks a little
00:42:12
bit different than everybody else's
00:42:14
right now you know usually you want to
00:42:15
stock up on ammo cans of beans etc for
00:42:18
freedberg it's um obviously quinoa but
00:42:21
but uh he has one of every vaccine tons
00:42:24
of pesticides and a lifetime supply of
00:42:26
fluoride
00:42:27
packed away so we're we're getting ready
00:42:30
for anything to that could come next in
00:42:31
this government anyway in all
00:42:33
seriousness thanks for this incredible
00:42:35
honor uh whatever this thing is I'm at
00:42:38
I'm extremely extremely optimistic for
00:42:41
the path ahead in America we have a lot
00:42:42
we can get done so excited for that
00:42:45
let's do it thank you have a seat join
00:42:46
us give it up everybody for Aaron Ley
00:42:49
well done join us all
00:42:51
right joining us all right aon's going
00:42:55
to hang out and do the next couple of
00:42:57
Awards with us I just want to say that
00:42:59
Aaron is my favorite white dude for
00:43:04
Harris all right the the official line
00:43:06
is beta mail for Harris that was uh you
00:43:08
got you got that wrong I'll let Mark
00:43:10
cubin know he's number
00:43:13
two you know you know I just realized I
00:43:16
was the series B investor in both of
00:43:19
your companies wow you know it's
00:43:22
incredible that that David saxs blew off
00:43:24
the the the typical ceiling that you
00:43:26
have being a B2B founder so this is this
00:43:29
is this means we have something we can
00:43:30
now strive for so this is uh this is
00:43:32
incredible all right we're going to do
00:43:34
another set of awards here let's get
00:43:36
this back on track but actually but can
00:43:37
we be there was it was pretty cool
00:43:40
though that the literal upcoming
00:43:42
president of America mentioned Yammer in
00:43:44
a tweet I mean that is that is that is
00:43:46
actually pretty cool that was pretty
00:43:48
great I was surprised you didn't get a
00:43:50
genie mention in there so it's a deep
00:43:52
pull let's go over to our next set of
00:43:54
Awards this first one is best CE not
00:43:57
named Elon Musk so this is our yearly
00:43:59
award for the best CEO named not named
00:44:03
Elon Musk who do you got free burer
00:44:05
Jensen Jensen an obvious one there
00:44:08
nothing I mean everyone knows the
00:44:10
numbers what else is there to say okay
00:44:12
that guy has been compounding and the
00:44:14
crazy thing about compounding is if you
00:44:15
zoom out at the end everything looks
00:44:17
pretty slow and flat and steady for a
00:44:19
while until the end and uh he's built so
00:44:21
many advantages into that business and
00:44:23
it's finally paying off the macro was
00:44:25
right technology advantage everything
00:44:27
it's just extraordinary patience
00:44:30
diligence execution okay best CEO not
00:44:32
named Elon Musk what do you got Dave
00:44:34
rcks the CEO of Eli Lily okay managed to
00:44:38
build a billion dollar company and is
00:44:40
just ripping seems Unstoppable sax who's
00:44:44
your best CEO not named Elon Musk well I
00:44:47
mean freeberg is right if you look at
00:44:48
the mag 7 uh Jensen had the best
00:44:51
performance but since that one was taken
00:44:54
the number two actually was Marcus
00:44:56
Zuckerberg you know
00:44:58
he's hold on he's been sneaky creeping
00:45:01
up there I mean if you look at
00:45:03
Facebook's performance or met
00:45:05
performance over the last two years it's
00:45:06
up
00:45:07
500% so it has done surprisingly well
00:45:11
and I I will give him credit for back in
00:45:13
August he wrote a letter basically
00:45:17
apologizing for the censorship that meta
00:45:19
had done and exposing the uh the
00:45:23
government's role and the FBI's role and
00:45:25
the whole Hunter Biden cover which he
00:45:27
did not have to do at that point in time
00:45:29
it was not clear yet it was not clear
00:45:31
yet that Trump was going to win the
00:45:32
election so I think he deserves a little
00:45:35
bit of credit for basically for wanting
00:45:37
to do the right thing on on Free Speech
00:45:39
but in all honesty how long did you make
00:45:41
him wait to meet with Donald Trump at
00:45:43
marago last week how long was the wait
00:45:46
did you put an extra hour on the wait
00:45:48
okay did you have a best CEO not named
00:45:50
dlon musar and Ley uh I'm actually going
00:45:52
to uh steal uh saxes um Zuck um for a
00:45:56
very different kind of reason but uh I
00:45:58
think Zuck is our counter pressure on
00:45:59
the price of AI right now and um I think
00:46:03
that uh he he has a way of monetizing AI
00:46:06
that is I mean Google kind of has a
00:46:08
similar thing but they have a more
00:46:09
existential challenge that I think
00:46:11
they're actually doing relatively well
00:46:13
kind of dealing with but Zuck just to
00:46:16
improve ads can give away AI for the
00:46:18
world and and keep everybody on their
00:46:20
toes in terms of driving down the price
00:46:22
so I think that's good for all of us all
00:46:23
right well done I uh also had Jensen for
00:46:26
obvious reason reasons let's go with
00:46:27
best
00:46:28
investor who's your the Nvidia crowd
00:46:31
here is great just sponsor the show next
00:46:33
year
00:46:34
guys you could be in the VIP you can
00:46:36
afford it I don't know why you guys are
00:46:38
in section
00:46:40
Z unbelievable maybe they're Frugal I
00:46:43
guess Jensen's checking those expense
00:46:44
accounts who do you got as your best
00:46:47
investor freeberg I just gave the best
00:46:49
investor to the best public trade of the
00:46:51
year which was dren Miller when he
00:46:53
shorted treasuries told everyone
00:46:55
inflation is not under control yet we
00:46:58
still have a ways to go no one was
00:47:00
listening he shorted treasuries we don't
00:47:02
know what the actual ins and outs were
00:47:03
but he has an incredible ability to be
00:47:05
so very preent very public very like
00:47:08
direct when he has big bets and be right
00:47:11
um even if it is just a trade I don't
00:47:12
know what net returns are Etc but man
00:47:15
that guy just when when he talks you got
00:47:17
to listen chth who's the best investor
00:47:21
of 2024 in your mind besides
00:47:25
yourself I was going to say me but we
00:47:29
know uh I i' give it to Michael sailor I
00:47:33
think that whoa Bitcoin Max in the back
00:47:36
he's found he's found this incredible
00:47:39
he's an investor I mean he's he's the
00:47:42
executive chairman of micro strategy so
00:47:43
he's not really involved into the
00:47:45
day-to-day he's really running their
00:47:47
Bitcoin position and he's created this
00:47:50
massively levered
00:47:51
long Bitcoin play he's borrowing money
00:47:56
at a s
00:47:57
zero it's uh his returns are bananas
00:48:00
right now what could go wrong uh saxs
00:48:04
who is your best investor I had dren
00:48:07
Miller as well for a similar reason
00:48:09
which is it wasn't just the treasury bet
00:48:11
it's the fact that he's been warning for
00:48:12
years that the US fiscal situation is
00:48:15
unsustainable and in a way he's like the
00:48:18
investor version of Doge he's basically
00:48:20
saying if we don't fix this we're going
00:48:23
to have a huge huge problem Aaron Do you
00:48:26
have a investor for 2024 you can share I
00:48:29
think the um uh I think the solo GP uh
00:48:32
kind of cohort but uh Nat and and Daniel
00:48:35
so Nat Freeman Daniel gross are they're
00:48:38
quietly building probably one of the
00:48:40
most powerful AI portfolios um that uh
00:48:43
that that we're going to see kind of
00:48:44
play out so they were they were first in
00:48:46
line in this wave and um and I think
00:48:48
they're uh they're on top of it okay
00:48:50
obviously an LP and the firm um and so
00:48:53
I'm going to go with uh Peter I'm just
00:48:55
taking a guess an educator one um best
00:48:58
investor for me was Peter teal but on
00:49:01
two tracks obviously Peter's been in
00:49:03
some of the great companies through
00:49:04
Founders fund including SpaceX but he
00:49:07
also picked Trump he also picked Vance
00:49:08
and he also picked Sachs so I think it's
00:49:11
undeniable that Peter Tiel is just a
00:49:13
great picker hands down one of the
00:49:15
greatest investors whether it's in
00:49:16
people politics uh or businesses so I
00:49:19
give it to Peter teal uh let's do our
00:49:22
best new product best new product of
00:49:25
2024 Aon I'm going to start with you
00:49:27
this time do you have a best new product
00:49:29
that you launched at box uh we we do um
00:49:33
but I'll exclude our ourselves from this
00:49:35
but the um uh but I I I think the the
00:49:37
wave of voice AI um I'm most compelled
00:49:40
by right now as as sort of the 2024 kind
00:49:43
of you can see the the semblance of
00:49:45
actually you know a new paradigm for for
00:49:47
mobile um we've kind of had the same
00:49:49
thing on mobile for 20 years and um uh
00:49:52
and so the ability to actually uh you
00:49:54
know in a high quality way talk to your
00:49:55
phone have it do something thing uh I
00:49:57
think is you're starting to see signs
00:49:59
the latest version of Gemini um is just
00:50:01
incredibly uh powerful perplexity has
00:50:04
very good uh work here chat gbt advanced
00:50:06
voice mode so I think you're going to
00:50:08
start to see this uh shape kind of
00:50:10
computing in in the next couple years
00:50:12
sax any new products this year that
00:50:15
captured your imagination yeah I think
00:50:17
this is the year that self-driving
00:50:19
finally broke through obviously Tesla's
00:50:21
got full self-driving but also this wayo
00:50:23
one app people are going wild over it so
00:50:26
I think I think uh this is the year that
00:50:27
self-driving broke through and I think
00:50:29
next year it's going to get bigger and
00:50:30
bigger chamath best new product this
00:50:32
year I'll pick the
00:50:35
2024 King's cashmere collection from
00:50:38
lauro
00:50:39
Piana it was um that was my number two
00:50:42
exceptional like a baby's forkin okay I
00:50:45
think um I just got a message that Laura
00:50:49
Piana made a big drop off at your house
00:50:52
okay unbelievable I would just like to
00:50:54
say the best new product of the year is
00:50:56
anything Tom Ford made so I'd like to
00:50:58
Pander as well um what do you got
00:50:59
freeberg I was I was with Aaron I think
00:51:02
advanced voice AI is a gamechanging new
00:51:06
ux it's going to change Computing and uh
00:51:09
it's weird when you start using it you
00:51:11
can have a dialogue learn something you
00:51:14
never thought you could learn and just
00:51:15
ask questions and engage like you're
00:51:17
speaking to your own personal tutor it's
00:51:19
incredible okay uh well very
00:51:21
interestingly we have two people talking
00:51:22
about voice Ai and Sak I was with you I
00:51:25
think this is the year self-driving is
00:51:27
actually manifesting across nine
00:51:29
different companies the companies in
00:51:31
China there's six or seven of them
00:51:32
actually active uh as well as obviously
00:51:34
weo and uh FSD 12. X has been really a
00:51:39
major upgrade so I went with
00:51:41
self-driving so uh that's our amazing
00:51:44
cohort uh let's give it up for Mr Aaron
00:51:47
Levy very
00:51:54
[Applause]
00:51:55
[Music]
00:51:59
[Applause]
00:52:01
[Music]
00:52:12
here's your chart we had this great
00:52:13
moment of hourly earnings growth going
00:52:16
up so how much people make on average
00:52:18
you're probably wondering why I look so
00:52:19
bored I mean honestly I want these dip
00:52:22
sh to stop blabbering on pass me the
00:52:24
ball and get the out of the way the wine
00:52:27
is delicious by the way if only we could
00:52:30
do an episode my
00:52:33
way hey everybody Welcome to the all-in
00:52:36
podcast for the first time ever I
00:52:40
chamath the dictator and moderating I've
00:52:43
replaced the besties with a couple of
00:52:45
special guests we literally have three
00:52:47
of the world's greatest
00:52:50
minds and bodies on the show first up
00:52:54
let me welcome one of silicon Valley's
00:52:55
most Legend
00:52:57
investors Jam thanks Jam by the way that
00:53:01
is a beautiful sweater okay but let's
00:53:04
cut the show and let's get right into
00:53:05
the show because honestly this could be
00:53:07
the best episode ever you're right jamat
00:53:09
we're going to start with markets today
00:53:11
because we also have one of the greatest
00:53:13
Public Market prognosticators in the
00:53:15
world what is going on with the economy
00:53:18
chath great question chath well look I
00:53:21
think the US economy honestly is a
00:53:23
tightly coiled spring the future looks
00:53:26
unbel ably bright or we're in a
00:53:28
recession my gosh I couldn't have said
00:53:30
it better myself okay guys let's get
00:53:32
into science Corner next we have another
00:53:35
brilliant mind on the show technically
00:53:37
incredible a scientific genius tell us
00:53:41
what you've made Jam well I'm really
00:53:43
excited to share that my new company
00:53:47
schalo has come up with a new way to
00:53:50
grow perfect grapes in any weather so
00:53:55
now every Gra great can produce a 1992
00:54:00
Chateau lure what that's incredible can
00:54:03
I invest a billion dollars well we're
00:54:04
going to have to see about that off wow
00:54:07
guys this really is the best episode
00:54:10
ever
00:54:12
[Music]
00:54:15
orgasmic
00:54:17
wow wow all right we're going to move
00:54:20
on I would watch welcome our iners I
00:54:25
watch that show see that our second
00:54:28
in-person Award winner of the night the
00:54:30
award for second best botes sister
00:54:34
please welcome Alex bz all right friend
00:54:37
of the
00:54:38
[Applause]
00:54:39
[Music]
00:54:47
Pod can you guys hear me well good cuz I
00:54:51
have some awards to give out as well oh
00:54:54
oh no Chamas
00:54:57
congratulations on the most likely to
00:54:59
think of Elon when making
00:55:03
love do you guys remember when chamath
00:55:06
was posting thirst traps on Twitter
00:55:09
imagine being a billionaire so annoying
00:55:12
that you still need a six-pack to get
00:55:17
laid next up please join me in saluting
00:55:21
America's first Zar all hail sex
00:55:28
congratulations on no longer being the
00:55:30
least successful of the PayPal
00:55:34
Mafia oh that one that one
00:55:38
stung it's good to see jcal laughing I'm
00:55:42
surprised you showed your face tonight
00:55:43
after Palmer lucky annihilated you last
00:55:46
[Laughter]
00:55:48
Summit congratulations on proving that
00:55:51
ass kissing can be a career this year
00:55:54
you win most Investments least exits
00:55:57
award thank you thank
00:56:00
you okay guys this next one is a little
00:56:03
bit
00:56:03
spicy jcal gets pegged by the VC
00:56:07
industrial complex and each time he
00:56:09
whimpers Uber as his safe
00:56:14
word and last but not least David
00:56:17
fredberg the human equivalent of
00:56:20
soilent oh
00:56:23
o jamad likes that fre ber definitely
00:56:27
got bullied all his life but lucky for
00:56:29
him being autistic is now
00:56:33
trendy but hey I got to give credit
00:56:35
where it's due fredberg thank you for
00:56:38
making the world a better place for
00:56:40
Monsanto
00:56:41
[Laughter]
00:56:43
shareholders thank you very much
00:56:45
everyone I'm Alex B okay thank you Alex
00:56:51
B all right wow um well you know let's
00:56:56
do our congratulations welcome back to
00:56:58
the stage thank you for having me it's
00:57:00
great to see you last time you were here
00:57:02
you beat three or four of us uh at the
00:57:04
same time playing chess two of four two
00:57:07
of four and what she had a push with one
00:57:10
of you or stom it or r i blundered the
00:57:12
Queen but I I W on time okay you w on
00:57:14
time I don't really give it to myself um
00:57:16
how much have you been thinking about
00:57:18
your defeat by Sachs over the last 6
00:57:20
months clearly a lot after that Rose yes
00:57:23
it explains a lot explains not that
00:57:25
you're a comp
00:57:26
you know we have some um amazing Awards
00:57:29
to give let's go with our favorite media
00:57:32
favorite media of 2024 did you have a
00:57:34
favorite media pick saacks well it's got
00:57:36
to be podcasts and I don't just mean our
00:57:38
own I like pretty much all I watch these
00:57:40
days are just podcasts you know so I
00:57:43
never watch any network TV do you have a
00:57:44
specific one that comes to
00:57:47
mind well begins with a T if I can only
00:57:52
pick one that's not us uh there's a
00:57:54
podcast called the Durant that I like a
00:57:57
lot on International Affairs so check
00:58:00
that one out deep P deep P Tucker's
00:58:02
going to be brokenhearted uh Cham
00:58:04
favorite media 2024 this is uh the
00:58:07
director is a friend of ours his name is
00:58:09
Franchesco Kini the show is called
00:58:12
superp sex on Netflix it is about the
00:58:15
life of the Italian porn star Roco safy
00:58:19
it's
00:58:21
phenomenal it builds there's drama it's
00:58:24
about his life as a kid it's his
00:58:26
relationship with his mom his
00:58:28
relationship with his older brother it's
00:58:31
really good super sex on Netflix okay so
00:58:36
chamath just picked PornHub for his
00:58:38
favorite
00:58:40
media great um de p uh so to speak
00:58:43
freeberg Dune
00:58:46
2 come on it was unbelievable I did not
00:58:49
think that Dune 2 could beat Dune it the
00:58:53
the black and I mean you saw you're a
00:58:54
little don't act you're not a nerd C
00:58:58
right now you can't do that Dune 2 was
00:59:00
pretty great pretty amazing you know I
00:59:02
wanted to come up with something a
00:59:03
little bit more recent so I went with
00:59:05
Day of the Jackal it's a new show based
00:59:07
on the 1970s I just watched episode 8
00:59:10
Nat and I watched it before we came up
00:59:12
good great episode have you seen episode
00:59:15
8 I watched episode 8 yes it's great
00:59:17
awesome phenomenal uh so just you know
00:59:19
great pull um Alex what do you got any
00:59:22
favorite media for
00:59:24
2024 Hawk up but listen up not what she
00:59:28
did with the meme coin but I've never
00:59:30
seen anybody ride her 15 seconds of
00:59:33
stardom the way she was able to do
00:59:35
especially when it's so hard to become
00:59:37
viral across all platforms nowadays she
00:59:40
was like top like it was like a top 10
00:59:41
podcast for a couple weeks right like
00:59:43
yeah I think she peaked at number three
00:59:45
yeah it is pretty incredible Inside
00:59:48
Story the week Haw Tua happened we were
00:59:51
going to have her on the Pod sax and I
00:59:53
were like yeah great PLL we should do it
00:59:55
and guess who spiked it ding ding not
00:59:58
sham ding ding ding ding we could have
01:00:00
had hakua on the Pod to talk about
01:00:03
Ukraine to talk about comma I mean the
01:00:06
world needed to know her take let's
01:00:09
let's right after imagine right after
01:00:11
that clip comes out let's have a bunch
01:00:13
of guys talk to her and be like yeah
01:00:15
what do you think and not look like a
01:00:17
bunch of creepers that would have been a
01:00:19
terrible idea I still stand by the
01:00:21
strike your editorial instincts remain
01:00:24
terrible um
01:00:26
saxs best start up of the year I'm just
01:00:29
going to use this to promote my own
01:00:31
thing is that okay of course so glue I
01:00:33
go glue of course fantastic shath you're
01:00:36
best startup of the year I'm going to go
01:00:38
with
01:00:39
ohal oh wait a sec I I want I want
01:00:44
grapes the size of my
01:00:46
balls I want
01:00:49
strawber strawberries the size of
01:00:51
women's boobs I want potatoes the size
01:00:54
of butt cheeks it's going to be fabulous
01:00:57
the world's going to be incredible but
01:00:58
you have not none of no no no kidding
01:01:00
aside I do I do think what freeberg is
01:01:02
doing is bananas but true story none of
01:01:05
us have been able to wet our beaks in
01:01:07
ohal yet none of us except Founders fun
01:01:09
no he offers us a chance to invest every
01:01:11
time a round is closed and a new
01:01:13
valuation is set unbelievable with
01:01:15
friends like this uh freeberg would you
01:01:17
like to commit at getting us say 890 and
01:01:20
glue I mean I got it's tied uh but I
01:01:23
will say uh We've obviously talked a lot
01:01:25
about the thesis behind 8090 I'm an
01:01:27
investor you're an investor um but I put
01:01:30
anderol as my winner because yeah friend
01:01:33
of the Pod Palmer I will say like just
01:01:35
just just talking about the collapse of
01:01:37
Boeing the new Administration and the
01:01:40
number of people that are around andal
01:01:41
that are also now around the
01:01:42
administration creating a merit-based
01:01:44
system for defense spending to kind of
01:01:47
upgrade systems and strategies in
01:01:48
defense it's inevitable if you look at
01:01:50
what China's doing the us is going to
01:01:52
have to respond accordingly he's like
01:01:54
he's like another one of these crazy
01:01:56
which is like how does he go from
01:01:57
building a VR headset to well he also
01:01:59
made this game system called chromatic I
01:02:01
mean he's incredible the guy is a genius
01:02:03
but I mean the whole the whole business
01:02:05
is set up with just a great group of
01:02:07
investors it's perfectly aligned the
01:02:09
macro is right I I just think that
01:02:10
that's going to be the next yeah it's of
01:02:12
the moment what do you got Alex do you
01:02:14
have a great a great favorite startup I
01:02:16
like anthropic cuz I like clot a lot um
01:02:19
and also I'm not going to say open AI
01:02:22
cuz I don't know what they're going to
01:02:23
do with all the rumors lately but I do
01:02:25
use chat GPT even more okay well done
01:02:28
and I picked Athena uh one of our great
01:02:30
Investments this year that has tripled
01:02:32
Revenue I'm very proud of the team over
01:02:34
there uh let's go with biggest flop did
01:02:37
you got a biggest flop chamath this year
01:02:40
okay this is going to be a controversial
01:02:42
take I think the
01:02:45
biggest FL not I don't want to say it's
01:02:48
flop but I think the biggest
01:02:50
disappointment of this year to me was
01:02:53
open AI I'll tell you why I think they
01:02:55
are the most most at
01:02:57
risk mostly because of things that are
01:03:00
out of their control so number one I
01:03:04
think the quality of these models have
01:03:07
hit a wall and it's the folks that own
01:03:11
private information for example what
01:03:14
Elon owns through X that is going to
01:03:17
make the Game Changer in the quality of
01:03:19
the models
01:03:21
two he's actually bought now not just
01:03:25
the largest Nvidia cluster but he's
01:03:27
promised to buy 900,000 more do you know
01:03:30
what happens when you buy 100,000 and
01:03:32
then buy promised to buy 900,000 not
01:03:34
only are you at the front of the line
01:03:36
you consume nvidia's
01:03:39
attention and what that means is it's
01:03:41
going to be so hard for everybody else
01:03:44
to get a hold of what they need to train
01:03:47
I think it's a a very tricky situation
01:03:50
for those guys saaks you got a biggest
01:03:53
flop for the year biggest flop
01:03:56
my biggest flop was the self declared
01:03:59
knucklehead Tim Waltz oh from uh
01:04:04
Minnesota yeah freeberg oh Apple Vision
01:04:08
Pro Apple Vision Pro yeah I think it's a
01:04:10
great start it feels like the Apple
01:04:12
Newton it's definitely going to usher in
01:04:14
kind of a new Computing platform but
01:04:15
it's definitely not Prime Time ready as
01:04:18
we saw with the sales but Alex did you
01:04:20
have a biggest flop for the year the
01:04:22
Netflix cover of the Jake Paul Mike
01:04:24
Tyson fight it was was their first oh
01:04:26
yeah good call good call that was a good
01:04:28
one yeah yeah it was their first foray
01:04:30
into live sports and they just couldn't
01:04:31
keep up with the streaming capabilities
01:04:33
and then they got hit with a $50 million
01:04:35
lawsuit s did do you think it was fake
01:04:38
do I think it was
01:04:40
fake I don't think so I think Mike Tyson
01:04:43
actually needed the money and that's
01:04:44
probably why he
01:04:45
fought but you think he tried fully like
01:04:48
he went I think he tried his best yeah I
01:04:51
I I will doesn't doesn't your sister box
01:04:53
doesn't your sister do boxing my sister
01:04:55
does box yeah but tonight she'll be
01:04:57
dejing at the after party she'll be
01:04:59
kicking ass on the ones and the TW yeah
01:05:03
you know fredberg used to DJ in college
01:05:06
I heard fredberg used to Rave actually
01:05:08
is that true yes fredberg used to drop
01:05:11
the
01:05:13
beat
01:05:14
yes um my biggest it doesn't get old I
01:05:17
mean what do I say nothing plot was
01:05:20
Boeing Starliner embarrassment I mean if
01:05:22
you bring astronauts up to the space
01:05:24
station you're kind of obligated to get
01:05:26
them back down that's true yeah that
01:05:28
that's I can't think of anything worse
01:05:30
than that that's a great that's a great
01:05:32
call actually okay thank you Alex for
01:05:35
joining let thank Alex bz Well Done big
01:05:37
round of applause for friend of the pot
01:05:39
Alex bz by the way thank
01:05:44
[Music]
01:05:49
[Applause]
01:05:50
you all right uh we have one more award
01:05:53
to do two more Awards two more Awards
01:05:56
um all right here we go uh the biggest
01:05:58
Sports story and the moment of the Year
01:06:01
biggest Sports story Little Sports in
01:06:04
here and then the moment of the year
01:06:06
chamat do you have the
01:06:08
biggest sport story of the year uh I
01:06:11
think it's bronny James playing with his
01:06:15
dad
01:06:16
LeBron uh I think it was an incredible
01:06:19
moment and I think LeBron deserved it
01:06:21
for everything he's done for the NBA all
01:06:23
right well done uh what about you saxs
01:06:26
do you have a best sport I know I know
01:06:28
you're not physically active at all but
01:06:30
do do you have a sports well I think the
01:06:34
the biggest Sports story of the year was
01:06:36
the Olympics and really the memes that
01:06:38
came out of the I didn't really watch
01:06:40
the Olympics I just saw the memes yeah
01:06:42
that's what I was in it for and you know
01:06:44
we had the that trans last supper There
01:06:47
was the that sort of that shooter from
01:06:50
Turkey you know and uh the P valder the
01:06:55
p
01:06:56
the paulter yeah CH yeah he was
01:06:58
Moonlighting as the Paul vter to C that
01:07:01
was what I remember Paul vter was pretty
01:07:03
depressing
01:07:05
freeberg I went with Australian uh Hip
01:07:08
Hops at the Olympics Australian hip hop
01:07:10
at the Olympics I I do think that that
01:07:12
that that moment really kind of showed
01:07:15
everyone how ridiculous things had
01:07:18
gotten um and it it was like at least in
01:07:22
certain circles it felt very resonant of
01:07:24
like a broader set of things that were
01:07:26
happening and everyone was like how is
01:07:28
this an Olympic sport how is this
01:07:30
happening and it made a lot of people
01:07:32
start to question the sanity of a lot of
01:07:34
the institutions around us and things
01:07:36
that were going on yeah and I too
01:07:38
thought the biggest moment in sports was
01:07:39
at the Olympics and just gender and
01:07:41
sports generally as a topic which we're
01:07:43
going to need to get through as a
01:07:45
society where we have not only uh
01:07:48
transgender individuals but interex
01:07:50
folks we need to work this issue out in
01:07:52
good faith and have I think a thoughtful
01:07:53
dialogue about it specific with the
01:07:55
boxing and and some of the other sports
01:07:58
uh let's go to Our Moment Of The Year
01:08:00
the moment of the year I I'll kick it
01:08:03
off sax I thought the moment of the Year
01:08:04
for me was not the assassination attempt
01:08:08
of trump obviously but his reaction to
01:08:10
it when he got up and he pumped his fist
01:08:13
and he said fight fight fight I think
01:08:15
you got an idea of his character and
01:08:17
that he wasn't going to give up um and
01:08:20
uh thank God that he wasn't um hit by
01:08:24
that bullet I know it was that was mine
01:08:25
too 100% that was like the the moment of
01:08:28
the year the photo of the year that's
01:08:30
the image we're always going to remember
01:08:32
pretty iconic yeah what do you got for
01:08:34
the moment of the Year
01:08:37
chamath March
01:08:40
16th it was a
01:08:42
Saturday it was the greatest sexual
01:08:44
encounter of my
01:08:46
life I gave Nat an enormous internal o
01:08:50
oh my God all by
01:08:51
myself wait wait
01:08:58
okay so wait the greatest moment of the
01:09:00
year was a sexual encounter that you
01:09:04
had with my wife with your
01:09:07
wife really you know it's interesting I
01:09:09
think we all got the tsunami warning
01:09:11
when that happened it was pretty it was
01:09:14
it shattered the whole Bay Area freeberg
01:09:18
um would you like to also pick the 17
01:09:20
seconds of your latest sexual encounter
01:09:27
it was the Trump assassination ATT so
01:09:32
all we had consens this year of what the
01:09:34
most iconic moment of the year was when
01:09:37
it happened I was sitting outside having
01:09:39
beer with a bunch of people I remember
01:09:41
there was like 12 of us and we looked
01:09:43
around the table and everyone was like
01:09:45
he just won the election that was it it
01:09:47
was like in that moment I knew it felt
01:09:49
like that was it so it I think it
01:09:51
defined the
01:09:53
year okay so that
01:09:57
concludes all of the amazing Awards
01:09:59
we've given that is that's uh that's our
01:10:01
Awards do you want to do a I don't know
01:10:04
maybe end with a little Christmas what
01:10:05
you're grateful for looking forward hope
01:10:07
for the next for the new year and then
01:10:08
we'll kind of well you know it's always
01:10:10
a good time at the end of the year to
01:10:11
reflect um on the pod on the community
01:10:16
uh and what we all experien this year um
01:10:19
obviously a major eventful year looking
01:10:22
into next year maybe what we learn this
01:10:24
year having having just great
01:10:27
conversations on the Pod and off the pod
01:10:30
in the group chat at the
01:10:32
summit um any Reflections on the year
01:10:35
that was shth and then maybe some hope
01:10:38
for
01:10:40
2025 I I'll just remind everybody that
01:10:43
we are the sum of our family and our
01:10:46
friends this year you moved away which
01:10:50
is really
01:10:52
heartbreaking one of our really great
01:10:55
friends in the poker game has been
01:10:57
struggling with a bunch of very serious
01:11:00
health
01:11:01
issues um so it's just a reminder for me
01:11:04
that
01:11:06
um you know it just goes by really fast
01:11:09
I feel really lucky to be around you
01:11:11
guys I feel really lucky that folks like
01:11:14
you exist thank you for listening um I
01:11:18
love all of you thank
01:11:22
you sax would you like to try to Channel
01:11:26
emotion as we wrap up the show and
01:11:29
reflect on feelings that might have come
01:11:33
up inside
01:11:35
of that meat sack yeah over there well
01:11:40
call him a meat sack yeah I mean to be
01:11:43
honest I was starting to feel really
01:11:45
annoyed with you jcel on the Pod I
01:11:48
wasn't sure how much longer I could put
01:11:50
up with it be perfectly Frank but but
01:11:53
you know tonight you kind of remind me
01:11:56
why it's fun to do this oh thank you and
01:11:59
so yeah I'm very happy to be here
01:12:00
tonight and be part of this well yeah
01:12:03
reflecting on it um thank you I too um
01:12:07
am reminded how um absolutely
01:12:11
insufferable it is to talk about Ukraine
01:12:13
every week um but that I love you and
01:12:16
spending time with you uh all three of
01:12:19
you is uh and debating this and learning
01:12:22
together and growing as men and maybe
01:12:25
trying to help and give back you know
01:12:28
there's so many positive things that
01:12:30
come out of a good faith discussion and
01:12:33
you know we argue we fight we debate uh
01:12:37
but we always come together every week
01:12:39
and we start it all over again and we're
01:12:43
we are contener and we're perfectionists
01:12:45
and we really try to make this a great
01:12:47
product uh and we really care about the
01:12:49
audience and it's just so wonderful that
01:12:52
we didn't quit I remember we had that
01:12:54
conversation in the beginning and chath
01:12:56
was saying like you know how does this
01:12:58
become successful and I says it become
01:12:59
successful if we just show up every week
01:13:02
if we just show up every week it's going
01:13:04
to work and it's going to be great and
01:13:05
you know here we are going into year
01:13:07
five and I I'm just so happy that we
01:13:09
didn't quit
01:13:12
um and that we kept going forward and I
01:13:15
hope that we can all do this in 30 or 40
01:13:17
years in diapers in a nursing home
01:13:19
somewhere in Italy uh I hope we do this
01:13:22
for the rest of our lives because it's
01:13:23
been such an incredible Joy and man I
01:13:26
just love the fact that y all come out
01:13:27
and stop us at airports or take a selfie
01:13:31
and tell us what you think of the show
01:13:33
fredberg any thoughts on the year that
01:13:35
was and the Pod and you know this
01:13:39
incredible moment of Sachs many times
01:13:41
when I was going to quit the show and I
01:13:43
think how much I really don't like jcal
01:13:45
and then that's a theme in the
01:13:48
reflections there's like a and sometimes
01:13:50
I'll sit in my bath I'll have my feet up
01:13:53
you send me pict and I'll think to
01:13:54
myself
01:13:55
man I love J A it's all coming together
01:13:58
and for all for all the challenges that
01:14:02
each of us have I'm very grateful for
01:14:04
the moment of being here with you guys
01:14:06
it's made a huge impact on my life that
01:14:07
I never thought would be the case thank
01:14:09
you I also think we're in an amazing
01:14:12
moment uh the United States certain
01:14:15
people in the United States are really
01:14:17
blessed and do really well there's a lot
01:14:19
of challenges and a lot of things that
01:14:20
need to be fixed and a lot of people
01:14:22
that struggle a lot and outside the
01:14:24
United States there's a lot more people
01:14:25
that struggle a lot and I'm really hope
01:14:27
hopeful that I think I really do believe
01:14:30
that technology drives prosperity and
01:14:33
that technology and um kind of the
01:14:36
ability for technology to kind of
01:14:38
transform lives around the world can
01:14:40
help everyone and I I'm very hopeful
01:14:42
because I I have not been hopeful in
01:14:43
this way in a long time and I think that
01:14:46
over the next year next couple of years
01:14:47
there will be an an amazing kind of
01:14:50
evolution uh that that'll be Unleashed
01:14:52
uh in prosperity that will really make a
01:14:54
big impact so I'm super helpful super
01:14:57
happy and super excited yeah that's a
01:14:59
great note great note thank you to the
01:15:01
amazing band tonight very well done big
01:15:04
round of applause for the band and the
01:15:06
production team that's it let get some
01:15:08
founder Mode come on yeah let's get some
01:15:10
founder mode happy Holidays happy
01:15:12
holidays everybody we see you at the
01:15:14
party
01:15:15
[Applause]
01:15:17
[Music]
01:15:18
[Applause]
01:15:19
[Music]
01:15:27
n
01:15:32
[Music]
01:15:55
aahah
01:16:00
[Music]
01:16:18
[Applause]
01:16:18
[Music]
