All-In with Chamath, Jason, Sacks & Friedberg E102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more
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Oct 29, 2022 The discussion kicks off with Elon Musk's recent acquisition of Twitter, revealing opportunities for platform improvements despite past management issues. A deep dive into Meta’s ambitious VR investments raises questions about financial sustainability compared to Apple's strategic stock buybacks. The hosts analyze big tech's market performance amidst economic uncertainties and geopolitical tensions, especially regarding the ongoing conflict in Ukraine. A quirky segue explores the emerging science of gut health, blending humor with fascinating insights.
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Twitter Sale
- Parag Agrawal deserves praise for securing a high sale price for Twitter.
- Shareholders received $54.20 per share amidst a market decline.
Twitter's User Base
- Elon Musk bought Twitter's 250 million monthly active users for $44 billion.
- This price may prove reasonable, especially if Musk integrates his ideas.
Improving Twitter
- Create two classes of Twitter users: verified real-world identities and anonymous users.
- Charge for amplification of anonymous accounts to cut through noise and identify valuable content.