2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E139: Recapping Chamath's wedding, VC surplus, unions vs Hollywood, room-temp superconductors & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Protests in Hollywood

Hollywood unions are a way for average performers to fight to get a little bit more, but it's the antithesis of having a meritocracy and people fighting for their best possible pay. Some of the union demands I think are reasonable and I understand why they want them. The basic problem with Hollywood is it's a winner. Take all business. This is true actually with all the creative industries. Is there power law businesses? You know, JK Rowling makes a billion dollars as an author, the 10,000 author or whatever makes a lot of us.

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