2min chapter

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

E19: Breaking down Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Social Networks Enable Mobs, but Enable Movements

Twitter, Facebook and other social networks are like viral tools that enable two things. They enable mobs, but they also enable movements. And so i think we want to enable the movements, but we want to be really careful about the mobs. I don't know if this is exactly correct, but i just asked oun twitter, how many shares of game stoppers still short? Apparently they're 55 million shares shorter than the 70 million or soas total shares, and forty seven million in the float. Don't you think polasis rellmakin, making a transitionordeas y?

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