Reflecting on the First 100 Shows: Fan Questions, Nuclear Threat, Markets, Amazon & More

Introduction Dilemma

• Jake out do you have intros today no I don't have time for intros oh come on all right fine

• he started as a nerd with no followers on Twitter now he's a nerd that gets recognized when leaving

• he turned water into wine he just wants to please us now he's a mixture of Kermit defrog and a science nerd Jesus he's the man with the stands the queen of quinoa the Sultan of science the prince of Prozac the Lord of Lexapro

• he gets stops for selfies all over town my producer fee gave him a mental breakdown the zultan of Zoloft Mr David Friedberg it's true it did give me a breakdown but you're over it now you just name dropped three ssris in that intro is incredible well I talked to his I talked to his psychiatrist he said he's working on the cocktail yeah save some for me oh oh you speaking of you he's got a very quick wit and impeccable grammar known for building beautiful products that don't work oh my God like Colin and Yammer he used to invest in SAS quite a lot now he's fighting a brigade of Ukraine Bots he's spending so much time in his bunker it's starting to get smelly we see him only three times a week all in Tucker and Megyn Kelly he'd invest in your startup if you had the Knack but right now he needs that cash for his GOP Super PAC the world's biggest

• the Rain Man himself Mr David sacks that's all that's a repeat joke that's not I know but it kills every time so I'm gonna keep repeating it until you tell you it's friends with his white truffles he scaled Facebook to a billy that wine collection it's just silly he's on the world tour meeting with princes and kings is he talking luxury sweaters or maybe bigger things the dictator himself chamath polyhapatia that was really nice actually wow I mean I appreciate it you were obviously trying to get invited to dinner tonight because I'm trying to get off the alternate alternative list he's trying to get off the alternate that the email was harsh nine was alternate all right you were trolling me I know I have a seat as for me I'm the world's greatest moderator who can take a note compared to these guys I'm just a millionaire who's broke the all in Summit almost killed us but we came back from Death store I knew he peaked when Friedberg took over the Dance Floor we love the fans but we love each other more thanks for the first 100 fellas here's to 100 more really good wow that's really really good look at you touching surprisingly you came prepared today first time he fought after 100 he finally to prepare so that was the note just prepare your job just do your job do your job do your job do your unremutirated job do your job speaking of unremmediated

• we heard that somebody's grifting off the Pod oh yeah so good point what we heard sex is that you got a big care package from Montclair yeah that's true what what I think we're all going to declare today is that we all want to wet our beak and if Montclair sends each of us a care package we will all wear Montclair gear at episode 100 of course my brand go to your own brand yeah we decided to jamasca Laura piano I got Montclair you go get like you know Izod or something I saw it actually I got eyes on too you have to just uh I got Uniqlo we got Gap Kids for Jay cow it sucks you didn't you didn't declare your Moncler gift package that was the discovery we made this weekend so I want to thank I want to thank the folks that there's a company called and they sent me this uh gift actually this hoodie this Montclair hoodie which I never said what is this plug they send you a hoodie for 1200 or from Montclair yeah these guys are getting hundreds of thousands of dollars

• yeah how bad is your portfolio that you're grifting did you put this Montclair stuff onto like eBay after you got it I was already wearing it they sent me more so I'm gonna wear this hoodie is pretty cool what can I say I'm not gonna work it's three cents and all of a sudden you're grifting uh hey just for everyone listening I'm looking for a wardrobe too soon okay just send my package to my own let me tell you something there's no upgrade that's gonna help Freeburg I think you're

• well none of the first 100 of this so I don't know

• that's not every from your old thing there here's the thing and I just too soon what do we have for oh yeah um who makes

Introduction Dilemma

Motivation for Continuing the Podcast

• The podcast takes a lot of cognitive energy and time, which can be exhausting for the hosts.

• David, in particular, faces attacks and criticism on social media, which can be emotionally draining.

• Despite the challenges, the hosts find it impactful and helpful, especially when they hear feedback from listeners about how the podcast has been a source of support during tough times.

• They also enjoy the personal growth that comes from airing their thoughts publicly and navigating through disagreements and difficult conversations.

• The recognition and impact the podcast has on listeners has been a motivating factor for the hosts to continue producing it.

Motivation for Continuing the Podcast

Reflections on the Startup and Investment Landscape

• The discussion revolves around the current startup and investment landscape, with a focus on the importance of timing and leveraging opportunities.

• The conversation also delves into the significance of equity in building wealth and the role of technology in creating leverage for individuals seeking financial success.

• The participants share their insights on the intersection of life sciences and software, highlighting the potential for impactful innovation in this space.

• One participant reveals an ongoing project in the B2B software domain, emphasizing the continuous pursuit of opportunities for equity growth and value creation.

• Overall, the dialogue encapsulates the essence of entrepreneurial spirit and the ever-evolving dynamics of the business world.

Reflections on the Startup and Investment Landscape

The Escalating Crisis in Ukraine and the Risk of Nuclear War

• The situation in Ukraine is becoming increasingly concerning, with the risk of nuclear war looming over the conflict.

• Senior figures like Leon Panetta and David Petraeus have highlighted the growing probability of a nuclear confrontation in Ukraine.

• The potential use of nuclear weapons by Russia in Ukraine has raised the stakes, with experts warning about the alarming increase in the likelihood of a nuclear conflict.

• The issue of Crimea is a pivotal point in the conflict, as it is a major interest for Russia, and Ukrainian nationalism demands its return to Ukraine.

• Elon Musk has proposed a solution involving U.N-supervised elections in annexed regions and ensuring that Crimea's water supply is assured, with Ukraine remaining neutral.

• The escalation of rhetoric and the push for a military confrontation in Ukraine is influenced by the economic factors and domestic pressures faced by Western economies.

• The massive debt service and increasing financial strain on governments are making it difficult to allocate resources to foreign military interventions.

• There is a significant conflict of interest at play, as senior figures advocating for war often have ties to the defense industry, raising questions about the motives behind their support for military action.

• The implications of the escalating crisis in Ukraine are significant, as the risk of a nuclear showdown and the potential for a wider conflict draw attention to the critical need for a careful and well-considered approach to the situation.

The Escalating Crisis in Ukraine and the Risk of Nuclear War

Foreign Policy and Economic Challenges

• Support for Ukraine in retaking Crimea is a critical issue that needs to be addressed.

• The focus should be on diplomatic resolution and negotiation, rather than escalating into a nuclear war.

• The US may consider withdrawing support for Ukraine if they do not engage in negotiations for a settlement.

• The US has a vested interest in resolving the situation diplomatically and preventing further escalation.

• Inflation and non-zero interest rates are key factors that can prevent future wars, but they also present economic challenges.

• The UK's financial difficulties and the impact on their pension system are a cause for concern.

• The US may need to force a settlement to prevent further economic strain and potential conflicts.

• Amazon's decision to freeze hiring and focus on frugality indicates a shift towards a cash cow business model.

• Tech giants like Microsoft, Amazon, Apple, and Google may be seen as over-earning, leading to a shift in their business strategies.

• The economic challenges and market trends indicate a need for a strategic approach to investment.

• Venture capital firms are showing interest in public equities, reflecting a shift in investment opportunities.

Foreign Policy and Economic Challenges

Conclusion:

The first 100 shows have brought valuable insights, engaging fan questions, and discussions on critical issues like the escalating nuclear threat and evolving market dynamics. The impact and recognition of the podcast continue to be a driving force for the hosts. Stay informed and entertained by tuning in to the discussions on the next 100 shows.

Q & A