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E139: Recapping Chamath's wedding, VC surplus, unions vs Hollywood, room-temp superconductors & more
All-In with Chamath, Jason, Sacks & Friedberg
The Importance of Fighting for Equity in the NBA
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I used to go there all the time for like work events. It's out of business now. The reason is what was losing money and you want to know why is because three years ago the workers all voted to unionize. I really think the thing with unions that they get wrong is unions fight for exactly this, which is this short term increase in current compensation. And I think what unions do very poorly is actually understanding the long term equity that the employees and members of that union actually create.
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