E7: California's collapse, how SPACs are opening the markets for growth stocks & more

ℹ️ EPISODE INFO

Released

September 9, 2020

Duration

1h 16m

Channel

All-In Podcast

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

Follow the crew: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://bio.fm/theallinpod Bestie recommendations: Chamath: https://www.amazon.com/Americana-400-Year-History-American-Capitalism/dp/0399563792 Sacks: https://taibbi.substack.com/ https://andrewsullivan.substack.com/ Friedberg: https://www.amazon.com/Godfather-Mario-Puzo/dp/0451205766 https://www.amazon.com/Titan-Life-John-Rockefeller-Sr/dp/1400077303/ref=sr_1_1?dchild=1&keywords=john+d+rockefeller+titan&qid=1599625893&s=books&sr=1-1 Jason: https://www.amazon.com/Fish-That-Ate-Whale-Americas/dp/1250033314/ref=sr_1_1?dchild=1&keywords=the+fish+that+ate+the+whale&qid=1599625909&s=books&sr=1-1 https://www.amazon.com/I-Love-Capitalism-American-Story/dp/073521624X/ref=sr_1_1?dchild=1&keywords=i+love+capitalism&qid=1599626013&sr=8-1 0:00 The gang recap their summers 6:43 Is California collapsing? Why or why not? Has the one-party system failed? 14:05 Understanding the bureaucratic side of California's problem 20:37 AB-5 & the working rights of freelancers 27:11 How would AB-5 passing impact Uber & Lyft's long-term profitability & consumer experience, could franchising fix this? 34:45 California lagging in police reform, what tactical steps could be taken to stop deadly policing 46:13 Chamath on the most important economic event of the last decade & why he is now bullish on the market 50:46 Why technology companies should be going public sooner, how SPACs are allowing retail investors access to growth stocks 1:01:23 Election talk - who is in the lead ahead of the first debate? 1:12:21 Bestie recommendations

🎤 SPEAKERS

• Jason Calacanis

  host

• Chamath Palihapitiya

  host

• David Friedberg

  host

• Guest

  guest

🧾 EPISODE SUMMARY

In this episode of All-In Podcast, featuring Jason Calacanis and Chamath Palihapitiya, E7: California's collapse, how SPACs are opening the markets for growth stocks & more explores california chaos, policing reform, and SPACs reshape markets and politics The All-In hosts discuss their pandemic summers and quickly pivot into a wide-ranging conversation on California’s governance, homelessness, taxation, and the broader exodus narrative. They debate policing reform in the wake of high-profile shootings, touching on qualified immunity, body cams, no‑knock warrants, mental-health responders, militarization, and gun policy. The group then analyzes the disconnect between a struggling real economy and booming stock market, arguing ultra-low rates are forcing capital into public equities and making SPACs an attractive alternative to traditional IPOs. They close by handicapping the 2020 presidential race, exploring what another Trump term or a Biden victory would mean for democracy, markets, and social unrest, before sharing a few media and book recommendations on capitalism and American history.

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