We saw sequoia capital, and before them, a i d g. Pat mc govern was the first venture capitalist there in the eighties. And then shortly after that, sequoia, other folks coming into china, having incredible returns. Are private equity, public market investors, venture capitalists, going to form new funds to address or are the going to be wrapping up shop at this point? I i think the picture's mixed.
Jason does a short news segment on China’s Bitcoin Mining hash rate falling to 0 and how the U.S. is now the largest mining hub (1:59). Then, Jacob Helberg author of "The Wires of War: Technology and the Global Struggle for Power," joins to discuss China's long-term goals (9:03), the United States' lack of preparedness, the struggle for control of front-end and backend technologies (32:22), plus much more.