All-In with Chamath, Jason, Sacks & Friedberg E7: California's collapse, how SPACs are opening the markets for growth stocks & more
Sep 9, 2020
The discussion kicks off with reflections on summer travels, revealing contrasting experiences amid ongoing societal turmoil. California’s pressing issues come to the fore, including the crumbling infrastructure and the impact of AB5 on gig workers. Debates on police reform uncover the complexities of accountability and systemic challenges. The transformative role of SPACs in opening markets is explored, highlighting their significance for growth stocks. A provocative look at the political landscape also raises concerns about the future of democracy in the U.S.
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Chamath's Italian Summer
- Chamath spent seven weeks in Italy this summer and observed their COVID-19 response.
- They were resilient, wearing masks, social distancing, and had low case numbers.
Sachs's Bestie Summer
- David Sachs spent time in Cabo, Mexico, where mask-wearing was prevalent and cases were low.
- He returned to San Francisco for his children's schooling, which is currently Zoom-based.
Calacanis's Malibu Trip and Reflections
- Jason Calacanis stayed in Malibu for 10 days and enjoyed himself.
- He discusses feelings of sadness due to current events and the surrealness of a booming stock market amidst widespread suffering.
