2min chapter

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

E75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Is the Philosophy Come Before the Money?

Facebook, twitter, even google, all acquiesced to significant external pressure over the years. But i think that if you concentrate the ownership of those businesses, and rather than have kind of a distributed shareholder base, it actually serves the shareholders. The largest single shareholder in twitter to date has been jack darcy at two point three%. And as ares, they don't have the same sort of, you know, the stake holders there have kind of an different set of allignments over time.

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