This Week in Startups All-In E7: California’s collapse, how SPACs are opening the markets for growth stocks & more
Sep 9, 2020
The speakers engage in lively banter about their summer adventures while diving deep into California's pandemic challenges. They tackle the intertwining issues of homelessness and substance addiction, critiquing ineffective policies. Frustrations surrounding San Francisco's governance and the impacts of AB5 on gig workers also surface. The conversation shifts to franchising as a local business model and urgent calls for police reform. They analyze police violence in relation to gun culture, advocating for enhanced accountability and de-escalation tactics.
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Chamath's Italian Summer
- Chamath spent seven weeks in Italy this summer and observed their COVID-19 response.
- Italians wore masks, socially distanced, and prioritized outdoor dining, resulting in low case numbers.
California's Political Homogeneity
California's political homogeneity has led to incompetence.
- Diversity of ideas is essential for effective governance.
The Root of the Homeless Crisis
The homeless crisis is not solely about homelessness but largely driven by drug addiction, particularly fentanyl.
- Addressing addiction is key to solving the broader problem.