TBPN Weekly Recap: Taylor Swift Gets Engaged, SpaceX Launches Falcon 9, Dr. Drew, The Labubu Craze
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Aug 30, 2025 Dr. Drew Pinsky, a board-certified internist and addictionologist, shares his insights on the dot-com bubble era and its parallels to today's tech landscape. He delves into how government interventions shape corporate strategies, using Intel as a key example. The conversation also covers the recent excitement around Taylor Swift's engagement, reactions to SpaceX's Falcon 9 launch, and the intriguing rise of the Labubu toy craze, exploring how pop culture influences consumer behavior in today's market.
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Grants Converted To Equity Change Incentives
- Converting CHIPS Act grants into equity reshapes government-private relationships and raises governance questions.
- Passive ownership (no board seat) severs ownership from control, limiting immediate government intervention.
Dr. Drew’s Dot‑Com Startup Story
- Drew Pinsky recounted being recruited into a dot-com backed media startup funded by SoftBank.
- He described the chaotic 'get big fast' boardroom culture and early streaming experiments.
Expect Political Strings With State Support
- If you accept government support, prepare for political leverage and expectations of alignment with national goals.
- Build explicit agreements around governance and customer commitments before taking non-traditional funding.