

E101: Ye acquires Parler, Snap drops 30%, macro outlook, VC metrics, valuing stocks & more
170 snips Oct 22, 2022
Brad Gerstner, CEO of Altimeter Capital and a tech investing guru, joins the conversation. They delve into Kanye West's controversial acquisition of Parler, questioning the ethics of mental health influence in media. The discussion shifts to Snap's alarming 30% stock drop despite user growth, highlighting governance issues. They analyze the landscape of venture capital, exploring recent funding rounds and the challenges in stock selection. Insights on California's Proposition 30 illustrate the intersection of taxation, environmental policy, and economic sustainability.
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Personal Mental Health Experience
- Chamath Palihapitiya shared about a family member experiencing a severe mental health crisis.
- He archives manic episode communications, finding them too emotionally taxing to read.
Social Media Fragmentation
- Social media networks don't have monopolies because competitors always emerge, driven by evolving user standards.
- Users ultimately dictate what's acceptable on platforms, driving editorialization.
Media Ethics
- Refrain from interviewing or platforming individuals undergoing manic episodes.
- This prioritizes their well-being over ratings or attention.