E6: Big Tech antitrust aftermath, potential effects of an M&A clampdown on Silicon Valley & more

All right, everybody, welcome back. It's another episode of All-In Podcast, the podcast that is racing up the charts despite the fact that we recorded every three or four weeks. Uh, there's no marketing, there's no ads in this podcast. It's just four friends who play poker together who've decided to talk about the most important issues in the world. Welcome back to the podcast, David Friedberg, the queen of quinoa, uh, himself, uh, obviously climate.com, ITSA, and, uh, an undisclosed beverage startup that I'm not supposed to talk about it. Sorry about that. I know a lot of people were tweeting about this beverage startup. You're still not ready to talk about the beverage startup.

Thank you, J-Cal.

Yeah, welcome back to the show.

I al- I always appreciate your promotions. (laughs)

(laughs) Uh, but when, when will the beverage startup be coming up for air?

By the way, do you guys wanna talk about, do you guys wanna talk about Jason's home address? 'Cause I have that, I think.

(laughs) Please, no. Dude...

I wanna ask, uh, is, is that a picture in the background? I love space by the way, as you know, but is that a picture of Uranus or what is that picture?

I think that's Saturn. It's Saturn.

(laughs)

(laughs)

It's Saturn.

It's Saturn.

It's like it's Saturn.

It's not Uranus.

It's not, it's Saturn. Uh, Friedberg obviously taking the first Virgin Galactic flight. Uh, Chamath Palihapitiya, of course, with us here, the, um, prince of SPACs calling in from an undisclosed location that is not burning down like the United States. How you doing on your vacay?

Uh, doing really well. Thanks. Thank you. I'm giving you the three-button salute, as I told you.

Yeah, thank God the microphone is perfectly positioned so we do not have to look at your chest hair, all six of your chest hairs. (laughs) Oh my God.

It's like a $1,000 suit that's missing all of its buttons.

(laughs)

Or, or shirt rather.

(laughs)

(laughs)

I mean, they couldn't afford to put buttons all the way up on their, like, probably $2,000 shirt.

Austerity measures.

When I get back to the United States, as Jason said, my haberdasher will meet me at plane side and he'll slip the three button up. (laughs)

When he, when he leaves for Europe, they remove the three buttons. He comes back, the haberdasher puts him back on his shirt. Uh, he does that for the entire wardrobe. And of course, chiming in is Rain Man himself, David Sacks blo- professional blogger and, uh, the fund manager of Craft Ventures. Of course, uh, before that, working at PayPal, with, uh, Peter Thiel, Elon Musk, and a bunch of other famous people. Um, uh, two of which have gone on to have demonstrably more success than Sachs. But, uh, Sachs having, of course, more than success, demonstrable success than the other 72 rocket scientists from PayPal. In between, he did a little company called Yammer, which Microsoft bought for a billion dollars. Speaking of, um, big companies and big tech, we had a big tech hearing this week, and Jeff Bezos, Sundar, and, uh, Zuck himself, as well as Tim Cook, two founders and two hired guns, uh, people who were hired for their positions, defending themselves from what I thought was some pretty good questioning. Um, my, my expectations were very low that anybody on that panel would know what they were talking about. For me, I thought Jeff Bezos did the best job. He had a great opening statement and he was the most candid, um, and I think least likely to get broken up. Going around the horn here, Chamath, who did the best job in the hearings? Uh, I don't know if you saw all of them or just clips, but who do you think shined?