Arsonist In LA, The Government Files, I'm Rich and Need Help, Why B-Naires Love Diet Coke

10 Jan 2025 · 1 h 54 min

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TBPN Podcast Episode Summary

Episode Title

Arsonist In LA, The Government Files, I'm Rich and Need Help, Why B-Naires Love Diet Coke

Episode Description

In this episode of the Technology Brothers Podcast Network, the hosts discuss various current events ranging from local happenings in Los Angeles to broader societal issues, technology insights, and personal anecdotes. The episode touches on topics like arson amidst the LA fires, thoughts on Peter Thiel's recent op-ed, and a viral blog post about wealth and purpose.

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Main Topics

  1. LA Fires and Arson Investigations
  2. Current Situation:
  3. The hosts share updates regarding ongoing fires in Los Angeles, emphasizing a suspected rise in arson.
  4. Mention of a personal connection as a co-host's neighbor was affected by the fires.
  • Community Impact:
  • Discussions on how criminals are exploiting the chaos by looting homes that have been evacuated due to the fires.
  • Recommendations for personal safety measures including security systems and weaponry for home defense.
  1. Peter Thiel's Op-ed: "A Time for Truth and Reconciliation"
  2. Overview:
  3. Discussion of Thiel’s article in the Financial Times, predicting the implications of a potential Trump presidency.
  4. Highlights a "truth and reconciliation" approach regarding government accountability and transparency.
  • Key Arguments:
  • The article suggests that the government needs to disclose secrets and address inefficiencies in spending.
  • Thiel’s commentary on the perceived "war on the internet" and its impact on freedom of speech.
  1. Wealth and Purpose
  2. Discussion of a Viral Blog Post:
  3. Commentary on a post from a former Loom employee feeling lost after achieving significant wealth.
  4. The hosts reflect on the challenges of finding purpose after financial success and offer suggestions for personal growth.
  1. The Diet Coke Phenomenon Among Billionaires
  2. Cultural Commentary:
  3. Exploration of why Diet Coke is popular among wealthy individuals.
  4. Discussion on how the drink serves as a constant low-dose caffeine source, keeping energy levels stable throughout the day.
  1. Technology and AI Applications
  2. New Innovations:
  3. Announcement of Tinder's new AI feature that helps users choose their best photos by running on-device processing for privacy.
  4. Insights into how AI can improve user experience in dating apps.

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Key Takeaways

  • Community Safety: The volatile situation in LA highlights the need for community vigilance and preparedness against both natural disasters and opportunistic crime.
  • Government Accountability: Thiel's op-ed raises pressing questions about transparency and efficiency in public spending which resonate with ongoing political debates.
  • Personal Fulfillment: Wealth does not equate to happiness; finding purpose post-success is a common struggle among wealthy individuals.
  • Cultural Trends: The popularity of Diet Coke among billionaires showcases how lifestyle choices can reflect broader societal patterns and behaviors.
  • Innovation: AI applications in consumer products are rapidly evolving and could reshape user interactions with technology.

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Closing Remarks Listeners are encouraged to stay engaged with the ongoing conversations around these topics and to consider how personal experiences and societal changes intersect in today's rapidly evolving landscape.

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Transcript

Automatic transcript. May contain errors.

0:00Welcome to Technology Brothers, the most profitable podcast in the world. We are still surviving the Los Angeles fires, thankfully. Both of our homes are still standing, but the story has evolved over the past 24 hours, and it's looking like there's a lot more arson going on than people previously thought. There's rumors that the whole Palisades fire started via arson. Didn't Andrew Huberman catch someone clearly doing arson? Yeah, caught some arsonists very clearly. And then our vice president, Ben, had to step out earlier this morning because an arsonist literally burned down his next door neighbor's house or something like that.

0:38Or lit a fire. Well, here's what, so people are really taking advantage of the chaos. Totally. In the same way that in the, you remember summer 2020. Oh, yeah. When the riots were happening, people were just saying, oh, there's protests, riots, I'm just going to start looting. Yep. So what people are doing now is they're going into neighborhoods, lighting fires, waiting for people to evacuate, and then starting to rob the houses. And they're on networks with scooters and motorcycles and rented cars. And so it's just full chaos. I was seeing in a group chat that multiple neighborhoods in Malibu have caught people just coming in actively trying to start fires.

1:22So now people are just trying to basically make citizens arrests. Full chaos. so some recommendations for the listeners uh security systems ring cameras adp whatever you can do there's not a lot of great stuff there sauron is coming thanks to uh kevin hartz uh over at astar vc he's starting a home security firm it's not fully live yet but maybe go get on the wait list if that's uh something that you're interested in you're trying to defend a home uh The top recommended weapon for defending a home are AR-15. Don't overcomplicate it. We joke about a lot of crazy weapons here. You don't need the meteorite 1911s.

2:04An AR will do the job. So maybe go pick one of those up. Also, support Andrew Huberman and Citizen Journalists who are doing reporting on X. Buy some Mateina Yerba Mate. Mateina. I love this stuff. and it's uh it's huberman's brand if you're not familiar uh he acquired it alongside uh another andrew wilkinson at tiny uh and so they've been growing that and uh we love so if you see something record it and throw it on the timeline um we saw just a crazy car crash and police chase outside or bended outside of our studio and uh got some footage of that through that on the timeline and just kind of letting people know what's going on and obviously stay on yeah it's a really crazy energy in the city right now you got ash floating through the air feels like it's snowing air quality is terrible it's uh it's miserable and chaotic you were actually okay with there being a lot of sort of pfos microplastics floating around because your tea's been so high lately you were trying to take the edge off it out and take the edge off yeah uh but anyways not good for kids i uh i went down to uh south bay with uh or took the family down there yesterday because uh the air quality was slightly better yeah um not good for kids it's rough so yeah everyone stay safe out there and uh yeah do whatever you can to help other people that are in trouble check in on everyone in la please um so yeah uh completely unrelated to the fire we're moving on We're trying to move to the tech stories that we love and think are interesting.

3:43Today, there was a op-ed posted by Peter Thiel in the Financial Times. For those that don't know, who is Peter Thiel? Oh, I thought you were going to say, what is the Financial Times? What is the Financial Times and who is Peter Thiel? I'd be interested. I'm sure we have at least one brother in the audience. Well, it says it right here. It says, the writer is a technology entrepreneur and investor. And he's a writer. Yeah, he's a writer. Yeah, he wrote a book, Zero to One. He's a technology entrepreneur, investor, and writer. The power law of business books, the only book you really need to read again and again and again.

4:15Founder of PayPal, founder of Palantir, incubator of a ton of different stuff through Founders Fund, runs Founders Fund, big venture capital firm, invests personally, and is tied to a ton of other venture capital firms. uh any anytime a reporter a tech journalist wants to make something sound oh yeah crazy and mysterious they always go oh peter teal back this company yeah yeah and most of the time he invested in a fund as an lp or his family office invested in a fund so it's like very clear that he didn't necessarily invest in the company but they always bring it back and say it's peter teal backed he's been a boogeyman of the left for a long time yeah um where yeah i've gotten to the point where i i will sometimes throw it in like teal backed or teal sponsored because it's like it's just such a meme at this point yeah um and a lot of times they'll try and uh correct that like like the name of the fund is founder's fund not peter teal's founder's fund yeah he's one of three co-founders and there's multiple gps and of course he's a huge force in the firm but uh it is its own entity and yeah everyone including him would like it to be represented as its own thing.

5:31Yeah. But that doesn't fit the narrative. So he also has teal capital. Yeah. And so this is an interesting article. We wanted to cover it on the show. It's called A Time for Truth and Reconciliation. And it's talking about what's going to happen in the new Trump 2.0 presidency. And so the lead is in 2016, President Barack Obama told his staff that Donald Trump's election victory was, quote, not the apocalypse. By any definition, he was correct. But understood in the original sense of the Greek word apocalypsis, meaning unveiling, Obama could not give the same reassurance in 2025. Trump's return to the White House augurs the apocalypsis of the Ansan regime's secrets.

6:16The new administration's revelations need not justify vengeance. Reconstruction can go hand in hand with reconciliation, but for reconciliation to take place, there must first be truth. And this feels very tied to actually Eric Tornberg's prediction, which he shared with Molly O'Shea and that other analysis that we looked at. Mikheel Basu Trivedi wrote those. And Tornberg was saying he's predicting that there will be a Twitter files for the government. That there is now that Elon's more involved and the Trump team is more aware of what they want to dig into, that there will be more documents that are declassified more analysis of where the bloat is exactly and it could be anodyne just like oh like you know you you see these reports all the time where it's like oh for some reason there's like some bus driver who's making 500k and you're like how did that happen it's kind of odd like it seems like it's an aberration an aberration of like the government or you know or we talked about in defense where it's like a toilet will cost 86 000 or like a screw will cost 20k and all of those should come to light but he also goes on to talk about some of the the the bigger kind of conspiracies and secrets within the government that people are clamoring for and how do we grapple with well it's interesting here because the audience very clearly was not tech x right he could have just posted this yeah it's a long-form post he could have put it on a blog somewhere or done an interview with a tech person like he could have gone on rogan to talk about it, but he also could have gone on a tech specific show.

7:54Yeah. So it seems, yeah, it's an interesting choice to, to, to say, I'm not going to get erect. I'm actually going to work with financial times and try to get this in front of a new audience that isn't necessarily rabidly consuming every word. Yeah. And so the financial times read by capital allocators, investors, business people all over the world. Very international, very international audience. Beautiful. We should get a subscription here. It's pink, pink sheets. You know this? Yeah. that's great. So he says, the apocalypsis is the most powerful means of resolving the old guards or most peaceful means of resolving the old guards war on the internet, a war the internet won.

8:32And I, and I love that because I haven't, I haven't actually internalized that idea that there really was this massive war between go, we hear it with going direct versus traditional PR. We hear this versus, you know, censorship versus free speech. What does the town square mean? How do companies operate on the internet? Bitcoin. There's so many things that come back to this internet. And we've heard even Lena Kahn and breaking up Amazon. It's just been a massive war in a bunch of little microcosms. And the war on the internet, this is a Coogan's Law coinage, I think. The war on the internet is how we should be thinking about what happened from the dot-com crash when the companies were seen as jokes and toys to now when they are ascendant, they are the most powerful platforms.

9:18And the people that founded them and invested in them are the most powerful people in the world, full stop. Yeah. And the phrasing is pretty on point, too, because the Internet is made up of platforms and individuals and profiles. And it really was profiles, like individual profiles were attacked. The platforms were attacked. The platforms were made to bend the rules of the platforms and go against. Like, you know, we saw this Trump got booted off of Pinterest. Yeah. like wild and spot and uh shopify and shopify yeah so it's like you can't sell anything you can't even organize pretty pictures and get inspo for your next home yeah like they didn't want him doing anything it was like full it was so clear that every big tech ceo is in a group chat together and they were like look we like one of them was like we probably got to do this and a bunch of them were pressuring each other the pinterest thing is so funny it's almost just like i want to be a big tech company too like oh you're you're you're banned can you imagine though if trump was like okay i'm banned on x i'm banned everywhere i'm not going to do true social and become yeah and and create billions of dollars of value i'm just going to post on pinterest it's like pretty pictures with him like smiling and then like the wild handwritten yeah so he goes on to say my friend and colleague eric weinstein uh weinstein calls the pre-internet custodians of the secrets the distributed idea suppression complex or the disk the media organizations bureaucracies universities and government funded NGOs that traditionally delimited public conversation.

10:49In hindsight, the internet had already begun our liberation from the DISC prison upon the death of financier and child sex offender Jeffrey Epstein in 2019. Almost half of Americans polled that year mistrusted the official story that he died by suicide, suggesting that DISC had lost control of the narrative. That was fascinating. I remember - It doesn't feel, it feels like he died a few years ago. It doesn't feel like 2019. I was telling someone like, it's crazy that Epstein died at the tail end of the last Trump administration. So there wasn't really time for a reconciliation within that. And it immediately turned over.

11:27And it was very hard to say, oh, was that before COVID, after COVID? It was 2019. But do you remember when you first learned about Epstein? Just as an individual? Yeah. Like when did the story break in your mind? It had to be the articles where there were almost like puff pieces back in the day of who is this mysterious financier. But it was pre, I feel like I started to get an idea of who he was prior to understanding that he was obviously a crew. Yeah. Oh, interesting. I found out about him through just straight up like conspiracy theory charts of like those pyramids. And it would be like aliens, era 51 and like Jeffrey Epstein is conspiracy.

12:10because uh when the whole pizzagate thing boiled up there was a lot of like this is completely fake but if you dig into the 4chan threads on pizzagate it's like 99 epstein focused yeah and pizzagate was like a like an extension of that where where like the conspiracy theorists were clearly onto something with epstein but then they kind of ran with it a ton and then that deranged guy like actually shot up that pizza parlor that didn't have a basement or whatever and then and then And then everyone was like, clearly the whole thing is fake. And that was partly wrong. But I remember explaining it to people.

12:45Do you want the hat? Yeah. I mean, I needed the hat at the time. I remember going to a New Year's party in like 2015, 2016 or something. And telling people like, oh, have you heard about this Epstein thing? The Black Book. All these people are flying on these planes. Like maybe Chris Tucker's involved. It's like the weirdest story ever. Bill Clinton's been out there a bunch. and and everyone was just like okay you're also like 20 or 30 years older than me apparently um uh and everyone was just like okay dude like that's a crazy conspiracy and now it's like oh yeah i watched the netflix documentary on on yeah that's like of course it's real that's a hard thing is after you've watched documentaries which shows specific stories they paint this thing it's like well what is my my memory of like real-time reactions to what was being shared versus what did I just see after the fact.

13:36Yeah. Such an odd time. But yeah, I mean, it really did become like just normie. Like it's not a conspiracy there anymore. It's just history that there was an island and there was abuse and stuff. And it doesn't seem like it's a conspiracy theory either that there has been a widespread effort within the government to control the information around that case and prevent it from being widely known. Yeah. Well, that's actually where Teal goes on to talk about. He says, it may be too early to answer the internet's questions about the late Mr. Epstein, but one cannot say the same of the assassination of John F.

14:12Kennedy. 65 % of Americans still doubt that Lee Harvey Oswald acted alone, like an outlandishly postmodern detective story. We have waited 61 years for a denouement while the suspects Fidel Castro, 1960s mafiosi, and the CIA's Alan Dulles gradually die. The thousands of classified government files on Oswald may or may not be red herrings, but opening them up for public inspection will give America some closure. We cannot wait six decades, however, to end the lockdown on a free discussion about COVID-19. In subpoenaed emails from Anthony Fauci's senior advisor, David Morins, we learned that the National Institutes of Health apparatchiks hid their correspondence from Freedom of Information Act scrutiny.

14:57Nothing, wrote Boraccio in his medieval plague epic, The Decameron. It is so indecent that it cannot be said to another person if the proper words are used to convey it. So do you remember this? They were misspelling words intentionally. Oh, really? the same way over and over so that when people would make a freedom of information act request that emails wouldn't surface because yeah it was just they would always they're like very consistently had a code c-o-v-d-i yeah just oh i just flipped the letter but i do it every single time so you search c-o-v-i-d that nothing shows up yeah exactly c-o-v-d-i is like the keyword interesting so crazy that is crazy um in that spirit morin's and former chief u.s medical advisor Fauci will have the chance to share some indecent facts about their own recent plague.

15:46Did they suspect COVID spawned from U.S. taxpayer-funded research or an adjacent Chinese military program? Why did we fund the work of EcoHealth Alliance, which sent researchers into remote Chinese caves to extract novel coronaviruses? Is gain-of-function research a byword for a bioweapons program? And how did our government stop the spread of such questions on social media. Our First Amendment frames the rules of engagement for domestic fights over free speech, but the global reach of the internet tempts its adversaries into a global war. Can we believe that a Brazilian judge banned X without American backing in a tragic comic perversion of the Monroe Doctrine?

16:25We were complicit in Australia's recent legislation requiring age verification for social media users, the beginning of the end for internet anonymity? Did we muster up even two minutes of criticism of the UK, which has arrested hundreds of people a year for online speech triggering, among other things, annoyance, inconvenience, and needless anxiety? We may expect no better from Orwellian dictatorships in East Asia and Eurasia, but we must support a free internet in Oceania. Interesting. Yeah, I remember when COVID first broke and it was so funny because now it's become this like cause of the left like you gotta taylor ryan's like you gotta still wear a mask in 2025 etc but it came from bology who's like firmly on the right and libertarian and at the time before like there was like a multi-week period where only tech was taking it seriously and some of the scientific community and so my co-founders or PhDs in bio at Lucy and they didn't see it.

17:27They're not super political guys. They didn't see it through like a political culture war lens. And so immediately I remember coming in and, you know, talking about it. And we kind of knew that, okay, this is going to be crazy. Like what's the R naught, the viral coefficient is very high, et cetera. But we just drew out a two by two graph and we were like, okay, is it Chernobyl or is it Fukushima or Pearl Harbor? Like, is this an attack or an accident? Is this intentional or an accident? And then on the Y-axis you put, is this bioengineered or is this of zoonotic origin? Because you could literally go and get a bat or a pangolin and then just be like, this pangolin is sneezing.

18:10Let's take it. Let's release it, right? And that doesn't require any bio lab, crazy science, like amazing stuff. But it's still like very deliberate. Then there's the other one where it's like - If you look at the wet markets in China, they are extremely foul. Yeah. So immediately. You could easily imagine that something would happen, that it wasn't. Yeah. There is a, there is a, you could make a case that it was totally natural. That was and is still somewhat like the default narrative that's being pushed is, is came from an animal, totally accidental. Yeah. But if you look at the story, at the very least, it's like, well, the Chinese government knew that something was spreading and they didn't raise their hand and say, hey guys we got a thing going on over here yeah they they actually like i think they killed the doctor or something it was like bad or they they definitely were silencing people who were talking about it on social media and which is bad for us and it's like even if even if they did have chernobyl they did the bad thing of being like no no no we don't have an accident going on over here and that's annoying and that's expensive and they and they did we do know that the u.s funded the work of eco health alliance which sent researchers into remote chinese caves to extract novel coronavirus yeah so we do know that that was happening and so that takes it into like the it's from the bio lab type of thing yeah this is engineered maybe there's gain of function going on where they're trying to juice it up and and and then there's the question of okay so maybe there's an argument for yeah go do the research create the super bug and then create the antidote for the super bug and then if the real super bug comes out randomly you have the antidote ready to go cool i i can be like okay with that under the right circumstances if it's clean um but it's like did they have a chernobyl-esque accident where they were doing this research and then it got out which was like you can't talk about that at all and then and then the and then the worst of all scenarios is this was engineered and released deliberately for a bunch of different reasons and you can talk to a bunch of people that think about that but what's chaos and this matrix of like four options it was just like immediately like it's got to be one of these four we should talk about all four of them this isn't conspiratorial like what's actually going on with there's so little evidence it's so unclear you can't just immediately be like 100 zoonotic accident yeah and yet the fog of war like really has takes quite a long time to dissipate in some cases never right even even with the jfk stuff there was all these documentaries that were produced yep that each had their own take on the story yep and so the result was that a bunch of information was put out there but everybody was still deeply confused and had and you could make a case yeah and even with the fires this week i was hearing yesterday from uh from a close family friend that that somebody was saying that their friend in the police force was saying that uh there was arson for the palisades fire yep and and it's like well we know there's arson for the fire but is you know it's still unclear other people are saying that fire started in somebody's backyard and just ripped.

21:07And I did this on the solo episode. I was like, how do fires start? There's a bunch of different ways. Lightning strikes. That's like the all natural version. There's power lines. So it could be on the electrical company. It could be arson. It could be someone having a fireworks or a backyard barbecue that went wrong. There was a video of a kid throwing a bunch of gas on the fire. Yeah. So like, like that can be human and criminal. it can be a human accident like you could just be having a barbecue one day and something goes wrong or and it's not even a heater yeah it's not even negligent it's just it's just it's just a complete accident freak accident but it's caused by a human but like you should be able to immediately discuss all of these and that was just not on the table for the first couple years of covid there was actually an interesting turn of events when uh i noticed do you know johnny harris he's uh yeah he's he's constantly putting misinformation yeah i mean he's he's very like if you look in the comments of his videos oh yeah it's all this is here's five reasons why you're completely wrong yeah yeah yeah that's great i mean for a long time he was like i felt like he was kind of the cultural center of youtube in the sense that like the average they're very well produced but also just in terms of politically like he was basically center left um and for a long time he couldn't talk about the uh the lab leak theory and then a couple years in it was like rogan had talked about it a bunch they put the community notes on it and then eventually it got to a point where the new york times was reporting on the lab leak theory just the fact that johnny could put his just the fact that the disc was so adamant at making sure that nobody thought it was a lab leak almost makes you think that yeah it's she doth protest too much is the phrase you keep this yeah yeah we need this here for this for sure uh we pulled out the tinfoil hat which we put on when we're talking about conspiracy theories um let's move on darker questions still emerge in these dusky final weeks of our interregnum venture capitalist mark and recently suggested on joe rogan's podcast that the biden administration debanked crypto entrepreneurs How closely does our financial system resemble a social credit system?

23:18Were an IRS contractor's illegal leaks of Trump's tax records anomalous? Or should Americans assume their right to financial privacy hinges on their politics? And can one speak of a right to privacy at all when Congress conserves Section 702 of the Foreign Intelligence Surveillance Act, under which the FBI conducts tens of thousands of warrantless searches of Americans' communications? South Africa confronted its apartheid history with a formal commission, but answering the questions above with piecemeal declassifications would benefit both Trump's chaotic style and our internet world, which processes and propagates short packets of information.

23:58the first Trump administration shied away from declassifications because it still believed in the right-wing deep state of an Oliver Stone movie this belief has faded so I think what he's saying there is like Trump wasn't going to declassify stuff because the right-wing deep state of an Oliver Stone movie does that mean a deep state that is against the right wing so if they declassify things they won't be able to get stuff done because the deep state will be working against them I think so. I think that's what he's saying. I'm not exactly sure about that one. I was a little confused when I read that.

24:31He goes on to say, our onsen regime, talking about the Biden administration and all the Democrats in charge, like the aristocracy of pre-revolutionary France, thought the party would never end. 2016 shook their historic faith in the arc of the moral universe. But by 2020, they hope to write off Trump as an aberration. In retrospect, 2020 was the aberration, the rearguard action of a struggling regime. and it's mogged by English. Every now and then we get mogged by the English language. That's a German word, I'm sure. Come on. There will be no reactionary restoration of the pre-internet past. And that is really interesting when you think about 2020 as an aberration of the previous regime in the sense that Biden was like super old and they didn't have a primary to try and install a comma and it was like it was very like you know just like like thrown together it felt like it was kind of chaotic and thrown together at all times um and so yeah i mean i think everyone agrees that like the left will have to like completely retool how does bernie and aoc fit in like completely rethink the strategy uh if they want to move forward and be successful because uh the the foundation has really really cracked yeah it's interesting too this week i i can't imagine that the images coming out of la will be good for newsom's political career because they feel like sort of visual summary of his you know time running california and he was a front runner yeah go for for 2028 yeah and polymarket he was with the democrats he was like three percent five percent like hovering around there like maybe i'll throw him in yeah yeah yeah even you're saying this last election yeah this last election it was like oh maybe kamala won't do it and Newsom will be the one or Michelle Obama.

26:18The one thing, the only thing that I appreciate about Newsom is he knows how to put himself together in a crisis. He always looks good. We still put on our suits. Yeah. And he has fantastic taste in food. That's true. He loves a five-star restaurant. Yeah. There was an AI-generated image of him at Nobu looking at the disaster on his phone while Nobu was burning down. going to michelin star restaurants in the middle of the fire uh the future demands fresh and strange ideas new ideas might have saved the old regime which barely acknowledged let alone answered our deepest questions the causes of the 50-year slowdown in scientific and technological progress in the united states the racket of uh crescendoing real estate prices and the explosion of public debt so this is going back to um the deepest question to teal is what is the cause of technological stagnation.

27:12Perhaps an exceptional country could have continued to ignore such questions. But as Trump understood in 2016, America is not an exceptional country. It is no longer even a great one. Sad. That hurts. You can admit that and still love our country. Yeah, for sure. Identity politics endlessly relitigates ancient history. The study of recent history to which the Trump administration is now called is more treacherous and more important. The apocalypsis cannot resolve our fights over 1619, referencing the 1619 project, but it can resolve our fights over COVID-19. It will not adjudicate the sins of our first rulers, but the sins of those who govern us today.

27:54The internet will not allow us to forget those sins, but with the truth, it will not prevent us from forgiving. Very interesting. So I think a little bit of the takeaway here is that the obsession over the JFK assassination might be a little bit of a distraction from moving forward. And there needs to be more of a focus on the recent history, as he says. There was a fascinating, did you see? Yeah, the future demands fresh and strange ideas. To me, that's Greenland, right? Yeah, that's a very good example. The Arctic is melting. We want control over those trade routes. And so related to this, Mark Zuckerberg just went on Joe Rogan.

28:35The episode just dropped this morning. And there's a quote here from Autism Capital. I didn't have a chance to print it out. But Zuck says, people in the Biden administration would call up our team and scream and curse at them. The emails are published. It's all out there. They wanted us to take down a meme of Leonardo DiCaprio looking at a TV. Like the, you know that one? Yeah, yeah. At some point, Biden gave some statement where they said that Facebook was killing people. And then all these different agencies and branches of government started coming after our company. It was brutal. And so that's kind of the Zuck vibe shift that we talked about on Monday where he appointed Dana White to the board and also announced community notes and moved the trust and safety team from California to Texas.

29:19And then also got rid of the latest. Completely eliminated DEI. Yeah. No more DEI organization or targets. Yeah. um so so you can see that this is like echoing through and it's fascinating because when when zuck came out um there was a lot of chris like oh he's like late to the party like like brian armstrong was being brave about this in 2020 but if you talk to brian he's like no like it's great that he's here in like four years it's not that long like what we don't want is like the holdouts who have who realize who like haven't realized that the world has changed and aren't willing to shift and so like i think that this is the palmer lucky thing with everyone's working on defense now, like it's fine.

30:00If you had a DEI program that was a mess in 2015, like move on and figure out what's actually a good way forward. You just don't want to be fighting tooth and nail to maintain the previous regime that was obviously very destructive. But fascinating article, highly recommend. I mean, we reread it all. But it is free on the Financial Times. Fortunately, not paywalled for you bootstrap founders out there who are trying to keep burn low you even though we recommend uh getting the paper delivered in print every day uh you'll be able to read this one for free which is great should we move on beautiful let's talk about a super viral problem super viral post that went out i believe on monday maybe sunday uh vene higher math says I am rich and I have no idea what to do with my life.

30:57Here's a blog where I talk about leaving Loom, giving up$60 million, LARPing as Elon, breaking up with my girlfriend, insecurities, a brief stint at Doge, and how I'm now in Hawaii self-studying physics. And for those of you who might not know, Loom is a Chrome plugin that allows you to record your screen, record your face cam, and match those together. It's actually very useful if you need an employee or you need to send someone a little video of, hey, here's how I want this process done. A lot of sales guys use it. I've used it a bunch for async design feedback. So if I get some design work done and then I can't talk through it live, I'll just send a three-minute video being like, change this, change this.

31:44This could be better. I don't like the color. It's just way more flowing than trying to write out an email. It's just way easier. Yeah, it's interesting. I actually think when I, when most of the time, when I get a voice note from, from somebody, it annoys me because I'm like, well, you saved yourself time and now you're going to waste my time because you could have just summarized this over text. But when you get a loom, typically there's actually some like meat in there and it can be convenient because it's saving you a phone call. When somebody sends you a voice note, there's, they're saving themselves time.

32:15Yeah. It's often saving you a zoom call because it's the whole screen share aspect of it is really loom is saving you because typically it's hard for me if you're giving that type of design feedback you need to not only put all of your thoughts into words perfectly and then also share screenshots of okay this is the button i'm talking about draw on it it just it really does save a lot of time it's a great product and so they raised a lot of money they grew the company really big i think the the biggest venture round was like over a billion like 1.5 and they sold for a billion and it was still a great outcome for the founders.

32:49Very clearly, the guy made a lot of money. And so let's look at his blog post. He says, life has been a haze last year. After selling my company, I find myself in the totally unrelatable position of never having to work again. Everything feels like a side quest, but not in an inspiring way. I don't have the same base desires driving me to make money or gain status. I have infinite freedom, yet I don't know what to do with it. And honestly, I'm not the most optimistic about life. I know this is a completely zero-eth world position to be in. The point of this post isn't to brag or gain sympathy.

33:18To be honest, I don't know what the point of this post is. I tried to manufacture one. I have an idea what it's about. I know the thing that you can chase. Vinay, I got your solution right here. Stay tuned. Then I recognize the irony of creating purpose out of a blog post when I don't currently have much conviction or purpose in life. So I'll just go ahead and explain my current situation for my own selfish purposes, to push myself to be completely and awkwardly vulnerable to a blob of nameless strangers on the internet. Last March, I had no idea what to do with my life. I found it very hard to give up a$60 million pay package.

33:53I had already made more money than I knew what to do with, but your mind does funny things when you start to consider numbers like this. So I decided to go to the redwoods and figure it out. Within five minutes of my first hike, the trees smiled at me and whispered their simple wisdom. What's the point of money if it not for freedom? What is your most scarce resource if not time? I would leave to do something, anything to be alive again. I had no idea, but I was hell bent on making sure everyone knew I had it all figured out. So he spent two weeks after his tenure, two weeks after leaving an intense 10 year journey, he did what any healthy person does and met with over 70 investors and founders in robotics.

34:33Wait, wait, one note. Yep. So Atlassian, the company that bought Loom, they own Jira, right? Yeah. So that's a little bit of context here. So he was like working at the company that makes Jira, very miserable software to use, was so painful that he couldn't stay for a couple of years to make 60 million. An MBA level contract. That just shows, honestly, one thing he could have done is said, hey, millions of people use Jira. I got to make it my life's work to make this product say, hey, I don't want to work on Loom anymore. I'm done screen sharing. I want to fix Jira, the cause of so much suffering in the world.

35:13I've always said this, that you should never sell your company. But if you do, you should be sure that you're on the track to be the CEO of the acquiring company. And it's a completely different mentality if you're a big company. Could you see Dylan Field being the CEO of Adobe if that deal went through? Absolutely. Would that be good for Adobe shareholders? Probably. Yeah. Would that be edifying for Dylan Field? Probably. Yeah. Would he be able to bring his team upward and change the whole organization? Or Dylan looking at Adobe being like, I want to work with Scott Belsky. Yeah. And I'm sure the two of them were like devastated because I'm sure they worked on the deal.

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35:53The big problem is like, of course, if you're like, you know, a company struggling, like get a, you know, aqua hire done or, you know, you're stuck and you just need an exit, like do that. But if it's a deal where you're getting 1 % to 10 % of the company on a market cap basis, set your sights higher. And actually set yourself up to go in and dominate because you want to be a leader. You want to be a corporate athlete. You've been at the top your entire career as a founder. Yeah. Just because they stuff you in an office with an earn out and a boss as like VP of innovation or whatever. where if you're a real killer, you can get back on the corporate track and talk to the board and get the CEO fired, take over.

36:42Hostile. Yeah. Get hostile. Interesting technique. What's the best way to get your boss fired? If you want to move up and you know that it's just a corporate ladder and you just want to move up, best way to get your boss out of the picture, find a bunch of recruiters to recruit them away to a better job. That's great. So find executive recruiters. Oh, yeah. My boss at Atlassian. It doesn't work if you're joining a founder mode. I think Atlassian is a founder mode company. I think so, too. I don't think they're responding to, hey, so-and-so. I saw you work in SaaS. Yeah. But certainly if you're in the middle of the ladder, it works every time.

37:20Every time. Yeah. Great, great strategy. And recruiters are always looking for edges and insights. Yeah, it's nonviolent. It's not aggressive. it's it's just a little and then oh i'm getting a lot of job offers actually i'm gonna have are you gonna be okay i'm gonna leave uh you know i i i don't want to abandon you on this team um you're gonna have a lot more work you're like yes really yeah interesting news yeah that's like a dwight from the office style style move or maybe or maybe uh jim would do that to dwight um yeah it's good so he breaks up with his girlfriend realizes i was thinking maybe the The purpose of the post was, was it was more of like using it as a dating app, kind of like a call to help for e-girls.

38:03Getting close to my theory. Call to help for e-girls. Like, hey, any e-girls out there? Yes. I'm very lonely and lost and I have a hundred to two hundred million dollars. Yes. Like reach out. I'll be in Hawaii. So I think the, I think the, maybe not the purpose of the, the, the post, but like the missing thing here is essentially fame and recognition. you know like yeah loom is a cool company we know about it but it's not something that people talk about like tesla you know it's not a consumer product yeah even even smaller uh even like a kettle and fire has more mental mind share than loom even though it's probably a smaller company um because they sponsor ufc and so if you're just running into a random person in a bar and you're like i'm the founder of kettle and fire they're like oh i saw that at erwan like that's amazing that's sick cool i i get that all the time with lucy people will be like oh i use those vouches and we have like you know tons and tons of customers much harder with a with a sass rubeen yeah exactly lucy exactly like that doesn't happen it doesn't happen as much yeah and so uh and and and that's a weird ego thing but it's real and there's this thing where a lot of people want money and then once they have money they want political power and once they have political power.

39:18They want fame and they kind of dance between all of these. And, uh, and so first off, I think, I think like it's fine to want a public presence, to want to be known, to want to be widely loved and respected. And so, you know, you're a good writer. I want to hear, I want to read more of these blog posts. So I would say like, turn this into something, give this a try. Yeah. Maybe this will work. Uh, and, uh, and, and yeah, create some content because there's already so many content creators, but you have the, you have the, the bonafides to put some cool stuff out there. Uh, and then also just in general, I, I have this philosophy that, uh, it, it, it's very difficult when people focus on just one metric of success.

40:02Uh, and they say, my happiness is tied just to my net worth because if you get to the top of the mountain, you have nowhere to go, but down and the real best thing are you familiar with like the shepherd scale or barber pole i've talked about this theory so basically uh if you watch a bar he's just making stuff up

40:24barber the like the barber pole theory of happiness is if you look at a barber pole it's it's like striped like a candy cane right yeah and if you watch it it looks like it's going up endlessly yeah but what's really happening is that it's getting the other side and then it's kind of restarting the cycle and a shepherd tone does the same thing. I can, I can play it. Uh, it sounds like really, really crazy when you hear it. Um, because the, it's basically a whole bunch of scales, um, uh, that are playing at the same time. And so, uh, it sounds kind of like, like this, you hear how it's like sounding, it sounds like it's going up.

41:03Yeah. You can listen to this for hours and it just goes up and up and up and up and up and it's because some of them kind of sounds like it's summoning a 60 mesoamerican demon it really does sound weird but i i like this as it's a it's like a fractal pattern like you see the fractal pattern fractal pattern make me start juggling yeah continue endlessly um and so uh i i believe that you need kind of that philosophy in your life because things are, there's certain metrics. Like if you have, you know, your family life, your fitness, your fame, your wealth, uh, all of those, they're going to reach the top of the mountain and eventually some of them are going to decline.

41:46But if, if when you're, when you're cresting in your business career, you're having grandchildren and you're getting more and more joy out of just the size of your family, or when you're really young, it might be hard to make a lot of money, but if you're in peak physical condition, you're like, this is amazing. Eventually you're going to hit 50 and be like, yeah, I can't bench press what I could when I was 25. But at that time, your business career is going to be even better and you're going to be making more and more money. So you'll be able to focus on like the new thing that's good. And so you need to be balancing all of those different sources of wealth, the types of wealth, so that you're raising one while the others are in decline, if they happen to be.

42:27So you can always refocus. It's literally just moving the goalposts on yourself, on what makes you happy. What were you about to say? You wrote some stuff down. I mean, yeah, we can kind of get into, I would say, not, I don't think he's asking for our advice, but, you know, we've never - You're getting it anyway. You're getting it anyway. We've never been hesitant to give unsolicited advice. I mean, a few things. I mean, one, it's very normal for somebody who's hyper success and career oriented and mission oriented like entrepreneurs are yep to uh feel very lost when that journey ends and landing at atlassian and then becoming a cog in the jira machine it feels like very much like okay i'm no longer make having this forward momentum uh i went through that on a much smaller much much smaller scale after uh after we joined row where i just didn't feel like i was i was like i'm 20 whatever i was 26 28 okay 27 at the time i'm like okay i feel like i'm at the my my career is picking up felt like it was really ramping up and then it felt like i slowed way down because i was like okay i have a boss for the first time in my life i'm working at a company where i i barely i only know like five out of like 250 people it just felt it felt very strange i felt i felt lost um and i personally ended up doing the same thing where i left earlier than we had originally structured so uh i think it's totally normal to feel lost and uh it's cool because he's now crowdsourced a ton of ideas and brought all this you know interest and intrigue into what he's doing yeah you should go read the whole post i think he went on to work at doge and figured out that he didn't really like that he went into robotics but felt like he was larping as elon and then he wound up moving to hawaii and is teaching himself physics which is yeah and so i think i think uh the high level like thing that i think every entrepreneur it's different where for him he doesn't he's post-economic now yep doesn't need to start another company doesn't need to get a job somewhere it doesn't need to work in the government so i think the strategy overall should just be to do cool stuff so that could take a bunch of different forms, right?

44:44That could be Elad Gill making monuments, right? He's still doing his thing on the investing side and incubation side. Could be doing a grant program like Justin Brother Mayors, where Justin gives away money to people to try to change their life. On the post-economic thing, I love that word. It's a very good phrase for not needing a job, but I feel like I kind of hate it in the sense that when I look at the people that I look up to and respect they are obviously post-economic in the sense that they're like billionaires but they are not post-economic in the sense they're still players completely players in the game yeah and and to the point where if they have a down year it's emotional if they have an up year it's amazing they're really thinking about how to allocate their capital across every asset class and like they're they're thinking about it just as much as you know they're still trying to stimulate the economy.

45:40They're still active participants. They're still playing the game. Yeah. And I think a lot of it happens when it's always hard when you jump multiple orders of magnitude in a very, very short a time, essentially overnight. I've noticed this with like, if you ever hire someone and you're running like, let's say a hundred person startup, you can usually hire someone who's been at a 10 person startup or maybe even a thousand person company and they can kind of jump in. But it's hard when you pull someone from a 10 ,000 person organization into a hundred person organization because everything about that job is different instead of like if you're in a 10 ,000 person organization and you're a leader like you don't have a person for everything you have a team for everything yeah uh and at a hundred person organization just think about like is the wi-fi down you might have an it person if you go down to a five person startup it's like you're doing it yourself you're going and if you're at a 10 ,000 person company it's like well we have an it team and it's saving money you jump up there's three order is magnitude it's like yeah as opposed to you know a little bit more of like what we've experienced in our career where it's like a more gradual accumulation of wealth and so you're more acclimated to it it's not this sudden wealth syndrome that's going on yeah the um the other thing that i've seen especially in la the kids who got really big on social media yeah like as teenagers and then got jaded and didn't convert it into a business or anything like that those people really struggle because they've had the pinnacle of attention and wealth and not necessarily wealth like true wealth which is like income like cash flow yeah it's just like so they got a 100k check from youtube this month so if you're a teenager making 100k a month and then you 10 years later you stop doing youtube because you didn't care about it and then you have to money doesn't even feel real in the same way so this happens in crypto people that get ultra wealthy from crypto they didn't really have to work hard to do it they were smart and they got had some luck those people end up just feeling incredibly lost because they're chasing that yeah they're subconsciously sort of still chasing that high even if they're not playing a game that allows them to get that high i mean we've talked about this with the in the opposite case of like the paypal mafia like why is the paypal mafia so special obviously like they're all really talented business leaders and technologists but specifically it's like they were kind of forced to sell their company after IPO they got liquidity but then they all had like these revenge narratives of like I've been wronged like I could have been running something that I think PayPal's peak market cap is like 100 billion could easily be a trillion if they were still there uh and and it was like they got that kind of taken away from them with all this chaos and so they all went back in immediately because they had so much to prove because they were like we were the dot-com wonder kids and we didn't get our full bite at the apple yeah and so that's very different than the and they basically all went back to zero and all ran it up to public companies yep exactly it's proving that uh that's the goal accounts for something that's the goal you get a couple hundred million yeah so i mean there's so many things like yeah imagine if if mr beast had started his content creation career with a hundred million dollars already in the oh yeah and so imagine so so do something like that uh i think that it's not wouldn't be the worst idea to do a peter rahal style sure deal where let's say venae buys give some background on peter so so well yeah so peter rahal started rx bar sells it like raises very little money sells it for like 600 million dollars yeah proceeds to wait like basically i think like five plus years after his earn out and all that stuff does like a bunch of growth equity investing some venture investing and then basically starts the same company again more focused on protein called david and now he's running it up again like it'll clearly be somewhere probably 500 to a billion dollar outcome again it's a way better product and it's amazing it's so good peter's sending us some i love it today i think so we're going to be eating it here with our matina i looked at the i looked at the macros it's it has like 40 grams of protein like 200 we should see if we can survive on matinas and easily roar water easily and uh volta goo volta and kettle and fire and david protein bars you can't survive on that you thrive so i would say vene your strategy was spend all your money yes and it creates such a crazy lifestyle you know bloat and burn that you need to get back in the game just to survive i'm happy to run through that but let's finish up so so so so the peter hall thing is like Peter Hall rebuild loom rebuild loom rebuild the same company yeah you know build a loom that just that automatically generate AI generates the video so you don't even have to record it yep and it's something that you know you can hire all the best people you already know and you get back on the treadmill it's totally greenfield back on the mission it's great run it back again yep so I'd like to see that I mean that's also Nikita Beer that's also a bunch of people that have done that stuff uh it's not just yeah the the not just Peter the thing with um site so so there's a mushroom on his blog which is a is a bit of a red flag for me because psychedelics are very dangerous uh you know they've been widely promoted by other podcasters and they're you know people can experience tremendous benefits from them but doing them while you're very lost and don't know what's going on can give you a bunch of false signals around what you should actually do and you're hallucinating yeah so there's it can tell you truths that feel real yeah that aren't necessarily real yeah and so even um it's like the opposite of grounding yourself you're literally like having an out-of-body experience you're like away from the ground you feel like you're flying uh the way to ground yourself is like go back and spend time with your family and your extended family because at a certain point it's like you're even if you're running this life of like you know you never have to work again well like they're going to have real life problems and and vicissitudes and all different type of things that that they need to work through and that can just make you a lot more human if you're actually like engaged with your your community and then your friends and and yeah and you know whoever's in your in your network uh really growing that stuff will actually help you stay grounded um but did you have anything else before i go into my plan yeah just think uh studying physics in Hawaii.

52:03Very cool. Study your own physical form, right? Get really into bodybuilding, get your IFBB pro card for sure. Compete with, um, you know, someone like Keith Raboy, get to the absolute pinnacle of that. That's an entire mission. That's not necessarily economically driven, but do you know how many workouts Keith did last year? Like two a day, like 700. It was like, I think it was over a thousand. It was the most insane stat. I looked did it and i was like this can't be real i mean i understand he works out every single day and he and he had a number of days worked out it was like 364 i guess he missed one day but it's like how do you do three workouts a day dude unreal yeah mass monster arc is gonna be fantastic but yeah i mean there's just like yeah there's a lot the the the get inspired by nat friedman take 500k and create a public good out of it yeah yeah um so there's just so much stuff you can do that's not directly economic that can have tremendous impact can be very motivating and when i look at this stuff these are all things i'm very excited to do that we're excited to do through the show yep um and uh anyways what do you got though because we you know one thing that we love doing uh is spending money uh and uh the timing for vene to come into this wealth also during as loud opulence becomes a dominant trend and quiet luxury is sort of fading into the background.

53:29It's great. The timing is pretty perfect to start spending some, uh, some cash, especially, you know, on the equestrian side, which I'm sure you'll get into. Um, you know, it's not easy or inexpensive to have a, uh, a stable of, of championship winning racehorses, but he has the resources to do that. Exactly. So, so yeah, I broke down kind of how I would spend the first 200 million um to really get you back on the hedonic treadmill because it seems like he's kind of fallen off um and once you move into uh you know a manhattan penthouse you're gonna be meeting people in the elevator saying if i was just one floor higher yep i should get back on the grind maybe i should call up atlassian or there or you see an elevator and they've got some bags of them and they're like where are you going there i'm going to my house in aspen exactly And you say, oh, what neighborhood you're in?

54:19You look it up on Zillow and it's$50 million entry price, right? It's like, well, that's a quarter of my assets. I got to actually get back in the game. I got to get back in the game. So I broke it down into a couple of different categories. You start with the real estate portfolio. Obviously you're going to need a lot of properties. I recommend a mansion in Malibu, probably 25 mil, a Miami ocean front estate. You might be able to get that for 10. Manhattan penthouse is 30. Aspen ski chalet is 15. Hampton Summer Estate 20 Lake Tahoe Lakefront Home 8 mil Joshua Tree Contemporary Retreat for five and then you're going to need something in Hawaii that's going to be 12 and that's just in America you might want you might want the bug out village some property in Montana or Alaska you might want to go to New Zealand that's going to be expensive but beautiful careful gentrifying Alaska though they will they will come for you it will come and so that's gonna that's gonna take 125 million out of your pocket obviously you can use debt but you don't have a lot of cash flow at this point.

55:12So you're, you're trying to burn down that, uh, yeah, but the purpose is real estate rich. And then that's justification for not to mention at this number of homes, you need, you basically are running a company again, which is great. So you're going to get that, you're going to get daily one-on-one standups. You're going to have Slack for your, you know, yeah, you might want to put a, put a agent on the payroll and say, give me a little less commission, but you know i'll give you some cash flow yeah um i mean running an efficient family office is in in and of itself a status symbol because so many of them are mismanaged and have tons of hangers just collecting checks and doing nothing um you're also going to need some cars i mean you'll need these cars in every single house but i would say three for every house yeah but if you're just to build one three-car garage you know you're going bugatti chiron koinck seg jesco rolls royce Cullinan, Black Badge, that's$7 million right there.

56:07And then you copy-paste that a couple times with different permutations. Yeah, and you get some funky stuff. Get an old Ford Bronco drop-top. That's not going to completely run up the bill on you, but it's going to occupy your time. Oh, and the key here is life is all about buying the right things, right? People say, oh, spend your money on experiences. Well, a one-of-one Bronco that's been refurbished and rebuilt is an experience every single time you get in it it's the experience when you look at it in the garage right yep um and uh anyway so so keep going down the list yep and so for watches you could get a patek philippe nautilus uh 5990 rolex daytona paul newman richard mill you're in for 101.3 mil right there just with the starter collection and you might want 10 20 different we didn't even get into dailies beaters dress watches there's so many different options there in terms of far uh firearms.

57:03I mean, you can't go wrong with the media right now. 1911s. We've talked about those from Cabot guns, a singer 1911 could be a hundred. Go down to Arlie and Beverly Hills, get a, get a shotgun, a Browning 50 Cal. That's going to be 50 K. You're going to need licenses. This is all going to take up not just money, but time. Yeah. And so while you're thinking about your next act, you're also happy life is a busy life. Exactly. You don't want to be too, you want to be busy. So you could easily spend 5 million there. Then on horses, you're going to want to start breeding racehorses ideally from the american pharaoh line uh but then you're also going to want a high performance quarter horse for cutting an andalusian dressage stallion and arabian show champion it could also be cool to go um uh to go out to omaha nebraska yep and literally buy every home surrounding warren buffett and create sort of like a castle wall type setup where you build basically yeah for vene he would be able to look down on warren buffett yep and start picking up through osmosis and some you know he's he's got to manage his family office yep pick up some investing techniques but you'd also be able to mog one of the world's you know most successful and wealthiest you know men which vene might like he hasn't done that before walking around the neighborhood strolling around on top of your quarter horse you know he's gonna have to stop and say hi absolutely or if he hears the pull up in your camry yeah if you pull up in a yeah he's in the camry you're in the jesco yeah every time he starts his camry and you hear it kind of start up you start up the jesco the jesco yeah exactly and then the quarter horse gets a little skidding yeah the jesco's ripping uh then you know obviously build a wine collection you're going to want an expansive cellar featuring top bordeaux first growths lafitte mouton petrus iconic California cult wines like Screaming Eagle, Scarecrow.

58:56This blends revered old world European traditions with cutting edge American viticulture. You're going to spend$5 million on that easy. And get a sommelier. Get a sommelier full time. $150K a year. Have them travel with you. Yeah. Which we'll get into how you're traveling because for 200 mil, it's really hard to justify a G650. So you might have to go fractional private jet ownership. Talk to Preston. but uh there are some good options there you've heard us you know talk about net jets before um sort of a touchy subject for our audience but but if you've spent this much on cars and guns and houses it might just be the right mix for you until you get that second yeah you know this is the base hit we're looking for the home run that gets the the bbj uh yeah and uh and then of course art collection you're going to want a curated set of works you could go andy warhol basquiat you could go older and it's just going to get more expensive but you'd easily put up 50 million dollars just decorating your homes so each home yeah so he's going to really have to stretch and and try to budget i'm assuming a lot of debt comes in here to really multiply it a lot of leverage maybe you're you're actually in in control of maybe a billion dollars of assets kind of a five to one debt to equity one thing that's priceless too is having an enemy you know yep um the if an a has had enemies they've basically been forced to listen to the soundtrack of his success for the last few years yep but picking new bigger enemies yep um you know he could pick somebody like um caruso rick caruso he could he could try to come in and start competing and outbidding rick caruso i mean the other side of this is that he's working for atlassian you could go and say you know what dhh you got the aston martin valkyrie i'm gonna beat you on the track you run base camp it's directly competitive it is i'm gonna crush you on the track i'm gonna get three valkyries wow actually i'm gonna engine swap a couple of them lower them you know modify them you know that shot of the dhh has of his like crazy view make it even better that's right in in the fire.

1:01:03Oh really? Yeah. Oh, no way. I hope he's okay. I like to joke around, but that is rough if that's true um but yeah i think uh dhh uh he puts a lot of time in on the track he has some amazing uh records and i'm sure he's going to break all of them with his new valkyrie uh you know get your own valkyrie break his records show him who's boss and then go back to atlassian and say we're taking we're coming for every single base camp customer and i will be ceo of this company once i destroy base camp yeah base camp has said they'd never sell but if you take if you take 100 of their customers they will go out of business yeah and dhh will be forced to sell his valkyrie to you yeah but you'll already have three yeah and uh you can have too many valkyries now you want to corner the market really because yeah you take them you race them so fast you're crashing a bunch of them but every time you crash one lowers the amount so it raises the market price so there is a there's an efficient point where crashing the valkyrie yep drunk driving or off-roading it, taking it on the Dakar, taking it on the Gumball 3000.

1:02:09This can actually be positive for your net worth. Yeah. And that's great. The other option would be to pick a low status nemesis. Just, I'm sure this post went mega viral. I'm sure there's some haters, some quote tweeters. Pick one of them at random. Go one by one. Revenge is a dish best serve call. Yeah. Ripping apart their careers and their... Oh, you're starting a little lifestyle business? Wouldn't it be a shame if I raised$500 million and destroyed you? Exactly. You got a blank check. Yeah, we didn't have it on here, but raising a mango seed round is usually a good way to cheer you up. I agree.

1:02:44And he could definitely get that done in a day, in a few hours. Or start a growth fund, start a hedge fund. I mean, the growth fund, it depends on who you want to talk to. But the seed fund, you're talking to a lot of founders. Some of them are going to be very low quality just by nature. Some of them are going to be amazing and you get in early and that's cool. But like, if you really just want to hang out with really interesting entrepreneurs who are already de-risked, like growth fund, raise a big growth fund and just rip checks into blue chip companies and you'll be on the phone with all the best people and hang out with them.

1:03:16And it's fine if you make one investment a year so you can study physics and then rip checks. Totally. Totally. It's great. Anyways, Vinay, proud of you. Proud of you for talking about your feelings. Good luck on 20 minutes BC. Let us know if you want to join the show, call in. call in we'll come hang in hawaii yeah and we'll go shopping with you we'll take you shopping take you shopping uh bring your checkbook bring your wire instructions because uh you had the check is just going to be too too many zeros to fit in the box to fit in the check yeah bring one of those big checks actually yeah a huge check bring your little your yubi key or whatever so you can just rip stable coins we're going to mercedes we're getting you an amg1 we're going to aston martin we're getting you a Valkyrie.

1:04:00We're going to Bugatti. We're getting you a Tourbillon. We're going to Mercedes. We're getting the SL300. Go away. We're going to Ferrari. We're getting the F80. We're going to McLaren. We're getting the W1. We're going to Geneva and we're buying the Patek store. Yes. Making them an offer they cannot refuse. Yes. I mean, we talked about, who's the hedge fund guy that bought a watch company? I love that. He owns the watch. Oh, it's the guy who's always getting angry. Perfect. Herbalife. Yeah, yeah, yeah. Why can we not remember his name? Pershing Square. is this fine i don't know bill ackman bill ackman i was gonna be it's hard it's hard this is not an ai generated show folks we gotta sometimes we blank sometimes we get mogged by the english language and other times we just blank on someone that we see every single day on the timeline yeah um okay so we got some q a's let's go to questions from the fans from the brothers from the brotherhood uh ben kohler our vice president posted some behind the scenes footage of you dancing and me playing Tetris.

1:04:59And Chris asks, what kind of shoes are on Jordy's feet? And is this a real word? Is this the word for what you were wearing? I don't know. Category of shoe? Chris has been deeply within this world of high-end equestrianism. He's grown up in loud options. And I mean, his profile photo, he's wearing a tux, so love him. So anyways, I'm wearing, those are some Bottega Veneta slides. Picked them up a couple years ago. Those are my favorite shoes. Yeah. Kind of wear, dress them up, dress them down. You can wear them to the beach. You can wear them to a nice dinner. But we, I actually love the shoes so much that we are working with my friend Devin to develop our own TV branded version of those exact slides.

1:05:50Fantastic. So Chris, keep an eye out. if you don't want to spend uh 1500 bucks on potential beta tester some uh you can get these you're gonna make a lot more uh you know accessible you know but still very fairly priced that's great so if you head to the bottega banana store tell them the technology brother sent you yeah the bottega store actually made it in the palisades oh that's where i bought them uh it uh yeah everything around that development burned down except for the bottega wow well emergency supplies. We got another DM. It says, I'm joining a startup over a billion dollars in market cap.

1:06:31Should I focus on a narrow set of skills or try and work across teams and functions? What do you think, Jordy? Wow. You're joining something that already has a billion dollar market cap valuation um this this you know screams corporate athlete to me somebody that needs to get in there and make stuff happen work cross-functionally yep uh you know own own some key product areas strategies whatever you need to do but um i think go in there as an athlete outwork everybody train your mind yep get into the office earlier be flexible leave later if it's a work from home flexible work policy never work from home yep just don't yep show up on saturdays yep you know slack you're you're the ceo on sunday morning at 5 a.m and say want to get a workout in door door to the office is locked could you come open it up for me and if they say uh you know oh you might be able to get somebody from maintenance over there to say if you have a second it'd be great if you could just get down here so like establish that level of um you know seriousness with your not only your ceo but you know everyone else on your team yeah that you um it's free to outwork everybody it costs a little bit of time but it's free to outwork yeah your peers and uh if you're in an organization like that you're joining there's hundreds of people already you you need to really put yourself on the map.

1:08:05Yeah, when I first got introduced to the term corporate athlete, it was from a CFO I was working with who was describing some of the finance folks, like the strategic finance guys that would come in and as corporate athletes in the sense that they were good at spreadsheets, but that skillset of analysis, management, strategy could be applied basically anywhere in the organization. You can drop that person in the marketing team, run some analytics see what's working cut things but also on the product side really anywhere and yeah it's like a midfielder yeah and we've seen this i mean we were just talking to calvin over at ramp i think he was on the engineering team now he's running marketing that is a transition that i think people think is like so crazy but it's actually a have good taste yep good decision making yep deeply analytical yep very hard ability to drive outcomes and ability Study the experts.

1:08:58If you want to learn marketing, go listen to Andrew Huberman. Go look at Rob Mower's feed. Yeah, there you go. So, yeah, I think the obvious answer here is sleep on an eight sleep. You're a corporate athlete. Sleep on an eight sleep. Get those sleep scores up. Wear a whoop band. Track your stress throughout the day. If you're not getting stressed, you're not working hard enough. You're not taking on enough responsibility. So make sure you're stressed. Chug your Ramote constantly. And it's free to outwork your peers. So go get in there and do it. Yeah. I got another question. I didn't get a chance to print it out, but it's essentially here.

1:09:38I have it here. I am a, I'm working at a VC firm and I'm considering joining the Trump administration. I'll be working for one of the billionaires that's heading up one of the organizations. What can I do to stand out as I join the admin and really make a statement on my first day at work? What do you think, Jordy, when you're coming into a new organization? How can you earn the respect of your boss? And how can you set the tone for what might be a short stint since these political jobs? Usually it's for your stint at most. So going into the admin in this case? Going into the admin. So yeah, so what I would do.

1:10:16Working for a big shot in a different role. How do you stand out on day one? So when you are watching a sporting event, who do you notice in the crowd? guys with the chest painted the american flag chest and face face painting is key okay chest requires you to go shirtless not every office environment is that conducive to being shirtless yep but the thing that you can obviously do in this situation is paint the american flag over your face and add stars to it so like don't just settle at 50 stars because that just shows you're not very ambitious and you're not 54 so take the picture that you posted yeah yeah you're not tapped into the discourse if you're not putting 54 stars right yeah so moon greenland panama canal panama let's spend i actually spent a bunch of time in panama surfing over the years and um great place we could add them okay um so uh yeah show that ambition 54 stars plus at least full face paint hair dyed yep mohawk yep and uh you're gonna actually want to shave the side of your face to get the flag to fully stretch around your face right and then leave the hair you know dress that up make make yourself look like a stallion and and then just do that every day so it's going to cost you you're going to have to find you know bring in a hollywood makeup artist bring them out to dc and um you know pay them whatever it takes right you're and doge they've got these sort of rotating um appointments too where you're only there for three months so if the makeup artist costs$500 a day, only there for three months.

1:11:50Very worth it. You're going to be a little bit in the red, but you can probably day trade your way back into the green. My advice was gift your boss a gun on day one, AR-15 that's wrapped with the American flag, because there's a lot of... Listen up, Ben. Do you want to make a statement? Yeah, because there's a lot of, you know, we're still in the post-pandemic work from home era, even if everyone's in the office, you know, a lot of what the government's doing is communicating with organizations that aren't in DC, corporations and other arms, the government. And so you're going to need a nice zoom background.

1:12:25You put an AR 15 on the background, just immediately lets everyone know you're two a. Yeah. And a good thing is, you know, even in the government, they do work from home quite a bit. So if you know, you're going to be on zoom calls, go get a star link, post up at the local range. Yep. And when you're not talking on the call, be drilling the target 100 yards 200 yards 300 yards mile out and that will just show a level of um you know you're going to relate to your peers better that that might enjoy guns people don't enjoy guns they're going to say well this guy's could defend me in a hostile situation so it's a good way to to build you know relationships and uh establish dominance on zoom yeah specifically And don't mute either.

1:13:10Yeah, you want to hear the shots ring out. There's already so much AI that goes into the voice processing on Zoom. I'm sure it'll handle the loud noises. But yeah, you want to make a statement. You want to come in, let people know what you're all about. Keep the cadence up. Well, speaking of America and international relations, TikTok says it plans to shut down the site unless the Supreme Court strikes down the law forcing it to sell. So TikTok will not sell. And AG Hamilton 29 says, the fact that China slash the CCP via ByteDance would rather choose to close the platform than give up control of it in exchange for a substantial payday kind of tells you everything you need to know about what they see is the real value of it.

1:13:56Fascinating. Yeah, Steinman said in poker, they call that a tell. Steinman's been right a lot lately. He has. Gotta give him credit for that. yeah I I used to be the owner of bandtalk.com yeah sold it for about what I put into it thought it wasn't getting banned now somebody's going to make an absolute killing I talked about this you could make kind of a vampire app where you clone TikTok and sort of recreate the social graph for people and just say hey come over here start posting but I hope it gets banned it's absolutely insane that you know we wouldn't want China directly controlling, you know, one of the top three largest media companies.

1:14:40Yeah. And that is, and TikTok is objectively one of the biggest media companies, even though it's a social media platform. Yeah. So it's absolutely insane. Yeah. The comp is, would you be okay with the USSR controlling NBC during the Cold War? Yeah. No. Yeah. Obviously not. And I've spent, unfortunately I've spent time in China and they do not allow our social media platforms over there. Yeah. So there's just a little bit of reciprocity there. Yeah, yeah. Let's just keep it even. It's also just extremely redundant at this point because every feature has been copied by YouTube Shorts and Instagram Reels.

1:15:13And so there's a lot of people that are like, but what about the small businesses that are built on TikTok? The attention will just shift the other platforms. They'll be okay. If you were building your small business on the CCP's platform and not thinking about going elsewhere. Have you seen those recent deep dives on TikTok Shop, how people are just like straight up selling drugs like via the shop it's like there's just no that's the thing china has no interest in you know there's probably like the number one fentanyl dealer is probably tiktok literally it's wild anyway let's move on to ann lee skates she says the consumer founders secret ai master plan uh give us some context on ann ann's great uh she Rosette Andreessen helped lead our round and now has her own fund.

1:16:03Cool. Very, very sharp on all things consumer. She was a part of the group that did whatnot. She raised a new round at$5 billion. So an absolute dog of a company. Yeah. No need for TikTok shop. They're probably going to be way up after the TikTok. Yeah. Yeah. Wow. That's interesting, actually. Yeah. I'm going to go scoop up some secondary right now. as we know 2025 is the year of agents much has been said about relationships with ai agents as the new moat but the big platforms of tomorrow will be what i call trusted recommenders and signal she's quote tweeting signal says the next generation of companies will be full stack vertically integrated from content creation to software delivery this is the ultimate play for customer loyalty engagement and retention it aligns something yeah so ann is saying um I just pulled it up because it's actually a thread.

1:16:53It doesn't seem like we got it. AI changes the strategic modes, revenue, and profit generation of internet companies. Intimate AI meets human relationships via trusted AI agents will emerge across many consumer verticals and apps. I just would say this is obviously the most exciting time to be a consumer investor in a really long time because many of the biggest outcomes in venture are consumer. Look at Coinbase, Chime, things like that. And so, you know, perplexity valued at almost$10 billion. They're very agentic in many ways, like the browser company. A lot of their new stuff is more focused on that.

1:17:31And so her theory here is that AI agents will become effectively like recommenders. So like recommending actions, recommending products and purchasing decisions, you know, helping you develop habits. You could have styling apps. We saw this launch last week. Um, there's going to be everything from agent agentic relationships for consumer fintech. That's like recommending you the right mortgages, right? So you're not going and just Googling. You're like in an app being like, Hey, I want to get a mortgage. Yeah. Everybody who was talking about building something that was, uh, look at everything in your credit card statement and help you understand which credit cards you should be using for what should you switch to a different credit card, that type of stuff.

1:18:13All of that makes a ton of sense. Yeah. So, um, yeah. Yeah, and Gary Tan in the comments tagged Happenstance, which is, I believe it's a YC company that's basically helping you find connections within your network and get intros and stuff like that. So I would say this is probably the most exciting time to be a consumer investor. You shouldn't even call yourself a consumer AI investor just because AI is going to impact everything. So shout out to Anne. Thank you for the thread. They make these shows possible. That's great. Let's do a promoted post. Promoted post from Cy Sack. Cy says, looking for someone who knows the ins and outs of CAD and PLM while also really enjoys teaching, training, and enabling other engineers.

1:19:04The job will help up-level and accelerate the 1 ,000-plus hardware engineers here at Anderil Tech. Roll in the thread. So Cy is over at Anderil. and this looks like a really cool opportunity for somebody who likes teaching other people and upskilling their peers. So go send a note to Cy over at Andrel and check it out. That's great. Let's do a bucket poll. We got Antonio Garcia Martinez who says, Trust fund kid in SF LARPing as a VC is such a type. And Jonathan says, LP equals loving parent. loving parent i love there are i i do think it's i do you know we are pro nepotism yep but we're generally pro helping people yep so if you have children family friends that you want to help help them and then also help a bunch of random strangers i think that's the great part about tech is there's you know you know to use a random example somebody like vene right yeah he if he has a family member who is uh you know wanting starting a new startup them up with a fund set him up with the you know you know invest in their company yeah but he's also going to help somebody who he doesn't know right and that's the beauty of tech um so if you uh want to get into venture investing and you have some loving parents make them your lps also i mean a million times better than larping as a philanthropist non-profit person just also way cooler i mean we could do a whole episode of like how we want to you know how we want to approach finance with like our kids sure but I do think it's cooler to, uh, you know, invest in your child's fund.

1:20:42Like if I invest, if my daughter wants to go into venture, say, cool, here's a$10 million fund and, uh, you're going to get management fees, but that's a lot cooler than just giving them a trust fund. They have to, yeah. Also, I mean like you got to build a track record at some point. The first investments are probably gonna be rough. They're going to figure all this stuff out and, uh, better to figure out on your parents dollar incinerate your family's capital. at all hopefully not that bad i mean with if you're in sf a lot of ways to return the return the fund if you get lucky or in the right group all it takes is one all it takes is one many many solo gps quit right before a hundred bagger yep exactly uh let's get a near cyan friend of the show uh she says i've never met a self-made billionaire who hasn't drank diet coke i love this great post and we got to do a whole deep dive on diet coke maybe do like diet coke episodes where it's every new thousand listeners we should be drinking diet yeah yeah so yeah yeah mix it in so i realized why diet coke is so powerful and why it uniquely helps billionaires more than just the average person that just goes and gets the diet coke from you know mcdonald's yeah here's why so diet coke has about i believe 30 to 50 milligrams of caffeine yeah and so it's a very low dose it's not like a celsius it's not going to take you to the moon for two hours and you're going to crash but if you're a billionaire you will have someone bringing you diet coke constantly throughout the day and you will have a fridge with diet coke all the time and when you get in your chauffeured car there will be a diet coke waiting for you that's cold there will be coke on board Whereas if you're just living a normal life, you might have a few Cokes throughout the day.

1:22:29The billionaire's diet Coke habit, the billionaire's Coke habit is constant stimulation right at that 30 milligram level. Yeah, and it's so good because think about it. So 300 milligrams of caffeine right at once for a lot of people doesn't feel that great. Yeah, you're jittery. But 300 spread throughout 10 hours feels fantastic. Exactly, exactly. So it's basically the extended release version of caffeine. And so there's been a little bit of a horse race in the energy drink category to get more and more higher doses of caffeine. But maybe the secret to true outperformance. That's why I like the Yeromonte because it's 100.

1:23:09And so you can drink a couple of those. Could we get a couple? Yeah, let's get a couple more caffeine beverages on the set. We're thirsty. I'm genuinely thirsty. I need some more caffeine. I can feel myself dropping. I wish I had five Diet Cokes in front of me. but I do think there is something specifically powerful about that's probably terrible with the carbonation so bad thank you thank you Ben and so so good and so there is something very specific about the continuous nature of consuming Diet Coke that you see Elon and other billionaires do yeah and that's and that's actually everybody can learn harder to do it's not just a cost thing because you can go to costco and get a whole flat of diet coke it's like you have to rearrange your entire lifestyle yeah to have cold diet coke available to you all day long but if you do that you will have the perfect level of caffeinated blood and in the brain the whole day so okay i love that one more thing on uh on near oh okay so near says we are very excited to release our llm wrapper hopefully this month i think it will be the most novel and interesting interaction normal people have had with LLMs so far by a favor of 10.

1:24:24Remember when the iPhone was new and there were all those app guys and they just made an app and somehow pulled in millions of dollars with no effort? Well, guess what? The days are back and all it takes is a good rapper. That's so sick. Claude and I call it the art of the rap. That's so sick. So, Nir has a new app coming out. Go follow uh if there's a if there's a wait list get on it we want to here's awesome you know you know they also had um uh the nvidia fund that was just a 10-year duration fund that just buy nvidia okay oh yeah that's right it's up yeah 300 crushing it amazing uh but you can't sell for 10 years you just have to hold it so very cool uh but uh looking forward to this um here's a big clawed enthusiast.

1:25:11So I'm excited to see what the app is. Oh, this is a controversial one. We don't normally talk politics, but Riva is a friend. So we got to do it. Riva says, I don't think this is politics. Okay. This is facts. Facts. Okay. Here's some facts around policy. Here are some facts for you. Impacts business owners, capital allocators. Yeah. And a lot of tech is in California. You do not hate California's government enough. California has the highest poverty rate at 13.2 % of any state, despite being the fourth largest economy in the world. This poverty, despite the state having an annual budget of 297 billion, the most significant state budget in the United States.

1:25:55That poverty, despite the highest spending on public welfare programs in the United States, just under a hundred billion annually. All of its failures, despite a progressive income tax system of up to 13.3 % and a state sales tax rate of 7.25%, both the highest rates in the nation. Despite all those taxes, California ranks 48th for road conditions with 44 % of roads rated in poor condition. Despite all those taxes, California rates, despite all those taxes, California education ranks below average in national assessments for math and reading proficiency. Despite all those taxes, California's violent crime rate has risen by 16 % since 2019, while most of the nation has seen rates declining.

1:26:40Despite all that money, upgrades to state grid infrastructure have been slow to scale and have not hit stated annual targets. California's failures are endless, far beyond the fires. Do your own research and stop voting for this lunacy. very sad so so growing up in the bay area and then living in la as an adult yep i you don't even have to know those facts specifically to have experienced them like if you think of the wealth creation and the prosperity in many ways of the last two decades and the current state of things on the ground and just drive around la like i joke that the g-wagon is so popular in la because the roads are so bad that you need, you want a four-wheel drive with like good clearance because you're driving around and it's just constant.

1:27:30And it's just pure government rot and incompetence, right? It's not a budgetary issue for any of these things. The LA spends a billion dollars, the city of LA spends a billion, it's not even the county, the city of LA spends a billion dollars a year on the homelessness issue. and the irony of the budget last year was that 500 million dollars of it didn't even get spent they were trying to spend because they just failed to actually put it to work so we had the budget the homelessness issue is still obviously terrible and they just couldn't even put the money to work yeah i always think about if you're a vc your lps would be like sorry dude you clearly can't get into any deals like you're done i always think about the like the government stuff i mean people always So, you know, like, do we need more budget or less budget?

1:28:22And it always sounds like, oh, yeah, if we just had more money to solve this problem, it would be better. And I think about it like the metaphor is imagine like one of those giant trash cans and you're trying to throw, you know, a crumpled up ball of paper into the trash can. and and it's like yeah if if my tax dollar goes in the big bucket it's in the pool but i really need to get it into a solo cup inside the trash can in order to actually have an impact that's a good way to kind of put this in you know a way that the brothers will be able to understand and so crushed up yeah yeah yeah and so it's like you you know you throw your you throw your dollar in the big trash can, there's a chance that it could go in the solo cup and actually solve the problem and actually repair a road.

1:29:08But 90 % of the time, it's just going to get stolen and just get burnt or spent on something ridiculous. And you see that with the California high-speed rail and the fire stuff and just everything. It's just like they're not actually outcome-driven, unfortunately. Yeah, I saw a whole thread as well that was basically arguing that our inability to put out these fires in densely populated areas is just a symptom of societal collapse and people have this idea of collapse as being these sort of apocalyptic scenarios but just the nature of having fires rip through highly residential areas and have the fire hydrants not work is a there was another video of a of a helicopter just like dropping a bunch of uh fire retardant or water on just like on a person yeah it's like you know That's just like a fair mistake.

1:29:56Yeah. But it's, yeah, this goes back to the Peter article that we wrote of like, let's stop rehashing, you know, the past and doing land acknowledgements for stuff that happened 200 years ago. And let's focus on, you know, the next hundred years. And how do we make the whole world better for everyone? Yeah. I do have a bit of like a insensitive hot take about the fires, but it's more of like a thought experiment. so I've always thought that one underrated reason to support the second amendment is not like if you talk to the second amendment people they'll be like you need the guns to hunt I should be able to hunt then they say home defense and then the last thing they say is like it's a backstop against a tyrannical government so if the feds come you can defend your territory if it's truly a tyrannical government but I've always thought that maybe like there's a better argument around like if America is invaded it would be a complete bloodbath because we'd have the best militias and the insurgency would be insane like yeah just just taking you know imagine imagine the battle of dallas like if if like russia or china like lands in texas and is like we're gonna try and take over texas it's like they're gonna have to deal with the military of course but then every single house that they go to is like filled to the gills with guns right yeah and so my my thought experiment was like should like obviously everyone evacuated and that was what the government recommended when the fire started and that's what was rational and that's what we did um so i'm not saying that people shouldn't have evacuated but just in terms of actual firefighting strategy is there a world where everyone stays or at least all the able-bodied men stay and just turn on all the hoses at their houses and just hose down every little ember that goes my neighborhood does we have our own like everyone it's like buy or fight your own house as long as you possibly can then the firefighters show up and they do what they can and fight the brush interface but everyone's responsible for like staying as long as possible and get the women and children out with the priceless valuables and the pictures and stuff but the able-bodied men stay and hose everything down and if they have a fire extinguisher you just try and put it on an ember when it comes down there's a tree just do your best and if everyone's there would that actually work or is that just a complete fool's errand am i an idiot i don't know no i think it's high risk and that there would be a higher loss of human life totally because someone's going to get a tree or something yeah it would generally work i mean so but that's like a cultural thing like like we don't think about a society like we think like evacuate you know which is good because like the houses can be rebuilt and the death hole was fortunately very low it feels like a 9-11 event but yeah there was so low somebody was telling us in a group chat earlier that a friend of theirs stayed at their house in sunset mesa which is like between the palisades and malibu and just fought and fought and fought in every single house burned around but they saved theirs wow she's almost like what's even the point like you want to live in the rubble of your neighborhood for three years it's like very toxic too oh totally yeah and um yeah my neighborhood has a volunteer fire brigade and they train you know like kind of frequently there's a group of I would like to get that going in my neighborhood just like a little bit of a plan a what can we yeah I walked there with my neighbor being like he's like yeah this is where the hoses are if I'm not here yeah everyone in the neighborhood here's how you clear brush in your own backyard then here's how you fireproof your house a little bit more My neighborhood uses goats to clear brush in the land above our neighborhood.

1:33:35I was saying that. Do we bring in literally 500 goats, which is super cool for the kids because they get to see 500 goats just milling about eating grass. I know there's going to be a ton of regulations about, oh, we can't get rid of the brush because it's natural and it's hurting the brush species or whatever. And I'm like, I just want to turn goats loose everywhere. We need to airdrop millions of goats into the Santa Monica Mountains. And I want to be, I would prefer that and the hearing stories of, oh, a goat shoot through my F40 tire. I want the fattest mountain lions. Just obese mountain lions from eating all the goats.

1:34:20But they just can't, they just get their fill and they just keep eating because there's just so many goats eating the brush and just turn them loose and just stop, stop asking for permission. Just do it, release the goats. Let's go on to this next one. This is more positive. We can move on from the depressing California wildfires. And we go to Nicole Wiscoff, who says the at Tech Bros pod will be one of the top three podcasts in tech by the end of the year. Let's go. Thank you, Nicole. And I commented to Nicole because I said roughly 5 % of our show I was just covering Nicole's post. So if she's correct.

1:35:00She's almost at 100K followers. If she's correct, it becomes a huge part of her W Ventures platform. Right. Where she can just count on a few times a week. I'm getting mentioned. My posts in front of the entire tech world. Printed. Printed is a key thing. Yeah, it's great. So anyways, love, brother Nicole. What are your top three? I was thinking about a new segment called Gun to Your Head, where I ask you a tough question and we pull out a gun. I heard some squirt guns that look like walks. Squirt guns would be good. And it's like, right now, what's the last Founders episode you listened to? Tell me.

1:35:40I haven't listened to a few in a couple of weeks. This center is going to be mad at me. Re-listen to Dyson. Oh, that's good. But yeah, so we also - Top three. I would love to be up there with Invest Like the Best, Founders Podcast, technology brothers will happily take the third third dream lineup yeah but i mean there's some stiff competition out there dworkash is on fire obviously that's about it all in all in is in a crisis but um they'll figure it out uh anyways private equity loves you nicole buys the show and thank you for the support we talked about that did you post this uh mark andreason saying yes i read it twice his id says his name is climate change i just thought it was a good this is the arsonist that got arrested at the kenneth fire which sparked up yesterday around calabasas and in and basically two hours went from zero to thousands of acres yep and everybody was like how does this make sense it was so far away from the palisades fire and and upwind didn't make any sense turns out arsonist and um yeah of course bernie sanders is out there saying like this is all about climate change which is at this point it's i find it uh you know we don't talk about politics on this podcast but i find it deeply offensive that bernie in vermont wants to to post and say that that this is all about climate change yeah when it clearly is there's a bunch of policy and political failures that that and just a lack of you know newsome cares more about looking good in a crisis than preventing the crisis in the first place should go to greenland climate is going to be beachfront property it's going to be the new miami after climate change wreaks havoc greenland mountain in alaska water world happens yeah we're chilling yeah we won't greenland will really have been taken once the mega mega vcs are setting up offices there yeah we got to go to greenland it seems cool um let's uh let's stay on greenland go to uh bojan he says uh greenland is easy time to play on the hard mode and posts say uh a screenshot of the world and it's just egypt he's highlighting the middle east the entire middle east from iran to saudi arabia we had qatar dubai turkey i think is in here uh yeah that would be controversial i i'm i'm surprised this has not gotten some more blowback because did we not already sensitive basically attempt that for 20 years we did in fact attempt that for 20 years unsuccessfully didn't go super well although uh wasn't kushner talking about more of a realignment between israel and saudi arabia and some of the other countries i mean we don't talk about politics There's a number of things that are happening.

1:38:31Effort of the prior, the last admin. Anyways. So it's happening. Well, let's go to crypto. Literally. Shazan says, I predicted the Thor chain collapse in 2023 when they launched their lending feature and it's happening now. The lesson people never seem to learn is any system in crypto that can fail will fail. When you borrowed on Thor chain, they would sell your BTC collateral for their own token, Rune. If you repaid your loan, they would need to sell Rune for BTC to give you back your collateral. But this leads to a death spiral opportunity as decrease in Rune price leads to more people wanting to get their BTC back from ThorChain, which leads to more Rune being sold, which leads to a decrease in Rune price, and so on.

1:39:12This is exactly what's happening. People thought ThorChain was a self-custodial secure protocol, whereas it was the exact opposite. In fact, the founder today tried to shut down the app. There's only one secure option to borrow against your BTC. lava XYZ. It's simple and there's no Ponzi-nomics involved. All we've done is embed the logic for a standard over-secured loan into a smart contract so you can borrow without bridging or taking on external risks. Unfortunately, this will be a multi-billion dollar failure comparable to what we saw in 2022. This was predictable too. It's basically what happened with Terra Luna happening again kudos to sunny a 97 for jamming with me about this in early 2024 rough for anyone in rune or thor chain i've heard about this chain i've never bought it or really dug did dug in but people into it yeah rune thor chain it's rune involved with that no no it's not r-o-o-n it's r-u-n-e very funny though um but uh he's moonlighting there was some there was some non-account that was promoting this chain for a long time and people really seem to like that guy and so i think it got a decent amount of pump and excitement and investment but uh it seems like it's collapsing pump like our back workout this morning yeah that was a good one um spamming spamming delts spamming delts uh let's go to a promoted post let's see what we got here i gotta jump in we haven't talked about dupont registry enough this episode uh this thing isn't is looks pretty fantastic it's a one-of-one custom 1994 porsche 911 oh we're in dangerous territory tj's gonna destroy us the tj's gonna be pissed about this one but it's just this thing yeah it's a rest oh no uh but the speedster is just so such a such a beautiful concept and and i think restomods are great for non-car guys that want to LARP as car guys.

1:41:09They're like, look at my, look at my Restomod. I'm very much a purist. I'm not a Brabus guy. I'm not a, you know, the closest I'll get to a, to an aftermarket is AMG, right? Yeah. Which used to be an aftermarket, you know, offshoot. I thought you were going to West Coast Customs and, uh. Yeah, but that's for the minivan. Yeah. And, and, and the, and the engine swap in your F40. That's for the V12 F40. I'm popping my F40 engine into my minivan. The V12 F40 is grail. But yeah, this thing, I love the Speedster. I think it's an underrated car. And this thing's priced at only$589 ,000. Practically giving it away.

1:41:48Practically giving it away. I mean, you could buy a house in someplace like Dallas, or you could buy this. You can't drive a house. You can't go on the TB500 in a house. you can do it in this Evo Max 9-11 Spider. Enjoy. Thank you to DuPont Registry for even sharing this in the first place. Bucket pull time. We got one. Samuel says they should rebuild LA to look like Tokyo. Remove what remains of the brush, chop down these fire-prone forests, and deck the place out in skyscrapers with an actual working public transit system. it's a joke post but it's super true super super true a big part of what's driving these crazy fires is what's called living at the wilderness interface so this is where i live i literally live up against a mountain that if it catches fire i'm fucked but uh it's amazing because you can just go out your backyard and go hiking and and there's wild animals and you see deer and bears and possums and cougars and all sorts of cool stuff and it's like living in the forest contrast of like it's very relaxing very relaxing it's amazing i can go out of my backyard walk up the hill and go straight on to a trail but a little bit of the problem i think is that we wind up building out not because people necessarily want to live near the wilderness interface more just that yeah but but that's a love of bears yeah yeah for sure which which we're working on domesticating but it's more that uh the housing is expensive there's nowhere else to build and so you just build up until the mountains and then you're building like gridded out dense houses all out of wood that just go up in one after another and that's exactly what's happened whereas if you alleviate the housing pressure by building taller buildings in the core downtown and surrounding area well then you don't need to be as dense once you get up into the mountains and that leads to less fire risk i just don't know i i think that you could put up 40 new skyscrapers in LA and there would still be 40.

1:43:56I'm talking 4 ,000, 40 ,000. Like I'm talking about like you, you walk around New York, every building is 50 stories tall. That's like the average building. You just look up and even in, and even in a place like New York, they're still using every extra square inch of the entire place. I just think that would still, we'd still have the same issue we just have new skyscrapers i'm not opposed yeah yeah maybe maybe but i don't know i would still want to live where i live even if there was true but uh i would like i really really do hope that this leads to a relaxing of building regulations and yeah more aggressive permitting because i mean the permitting office is is a beast we talked about it about my nightmare with uh getting some stuff permitted but there's just uh it it is crazy that that we can all agree that some permitting rules make sense that yeah you don't necessarily if you're in some residential area you don't necessarily want a skyscraper going up next to you yeah warren buffett would be pissed if he built a literal castle wall around his entire he might respect it who knows yeah depends on until he hears the the that engine roar the v12 you know jesco then he's like okay that's a w16 i hear the bugatti firing up the tourbillon's going or you know the chiron's got the w16 yeah the tourbillon has a v16 that's an insane engine and so you he hears the tourbillon he's going to be like respect yeah the castle law i will i will i will deal with the castle wall but um uh it is crazy that that you know we can all agree that there should be rules around what you can build.

1:45:37The problem is, is that there's this crazy paper-based, you know, analog workflow to actually getting things approved where you have to send in a, basically a PDF of your plan. It has to get printed out, reviewed by a human. It takes a really long time. Like there should be a plugin literally in CAD where as you're designing, it just tells you you're in violation of this code. And then, and then you can just design it, design it, design it. And once the thing goes green and everything is approved and you're not violating any code, you have no code violations, you just hit print and just go do it.

1:46:09And it's just like, okay, it's automatically approved. This is a symptom of the bloat. This is why deregulation makes sense. It's because you get so many laws that build up and build up and build up that it becomes illegal to do anything. Exactly. And so if the laws hold over the next few years, I mean, the Palisades is going to be empty for a decade. Like it's just going to take forever to rebuild anything. but hopefully this is the opportunity to get a new mayor in new team doge it kick a bunch of people out and completely change the rules yeah um that would be great anyway uh should we do this power bottom dad post ah ha ha update from oregon 1000 year empire and he's uh posting a screenshot a massive new lithium discovery on the border between oregon and nevada could supercharge the country's white gold rush.

1:47:03It is estimated that the newly discovered reserves under the ancient McDermott Caldera holds a whopping 40 million metric tons of lithium. The scale of the deposit is extraordinary, dwarfing other reserves worldwide. Just last year, lithium producers were thrilled to find a reserve of 4 million metric tons of lithium in the Smackover Formation, a geologic formation that spans the width of Arkansas saw uh next to the mcdermott caldera that that now seems a paltry sum china alone refines 60 percent of the world's lithium not for long so yeah he's saying 1 000 year empire with a lot of american flags i guess we just found a ton of lithium i didn't hear this story i completely missed this there's this graphic of you know oh we're using this natural resource yeah we're running out of it and then america just finds like you know 10 lifetimes worth of yeah yeah continues yeah yeah uh happened with with oil yeah um and uh it's beautiful we're blessed it always was funny how people refuse to admit that there is a resource bottleneck around solar panels like yeah like eventually you're going to dig up all the raw materials for solar panels too and you will run out but i think it's just like way more than oil so it makes sense this is what this is like peter peter zaihan zaihan will often uh start listening to him and you're like this guy's goaded yeah it's very nice to listen to he can talk about any subject and then you start he starts talking about stuff that you know about and then you're like wait like this guy's just like spewing that's the gel man amnesia yeah yeah um but uh what his you know uh talks and writing on the u.s uh and how blessed we are from a natural resource standpoint is is timeless.

1:48:46I got to, let's do like one more. I got to get on with my chiropractor who's ever from the East Coast visiting. Let's do Tanae. He says, simple but neat example of a valuable AI feature that runs on device, Tinder's AI photo finder. Leveraging our vast data set, spanning hundreds of millions of Tinder profiles and billions of user interactions, we train a proprietary new AI model to sift through your camera roll in seconds and identify the photos most likely to succeed on the app. Importantly, we designed this system to run entirely on your device so no images leave your phone unless you choose.

1:49:22This allows us to upload the highest standards of privacy and transparency. That's cool. That's good. Hopefully it helps people meet each other, solve the fertility crisis a little bit. But Tinder's kind of lost the plot on actually getting people together for the long term, haven't they? It seems like it's just a casual dating app. But I don't know. Not a great brand. not a great not a great brand at this point yeah um but i'm sure some we don't we don't have a lot of we don't have a lot of visibility into the apps right now because we have a group chat yeah and no we had one single person yeah and then they just got in a relationship yeah i mean so it's like how are we gonna there is an anti-app yeah there is an arc where like even if you're the first person to get married in your friend group like usually it's like oh you got some single people like let me swipe for you let me see who you're talking to like i'll be the judge for you A lot of girls do this at their girls' nights.

1:50:17That is completely gone. Why don't you mansplain girls' nights? Delegated swiping is what you're talking about. Yeah, that's it. Delegated swiping. I do think somebody messaged me and they were like, I think there's an opportunity to do a delegated swiping app where you can't swipe for yourself. Only your friends can? Yeah. That's kind of cool. It'd be kind of a gamified version. A little gimmick. You might be able to get your first million users. yeah who knows i mean the the gimmicks were powerful in the dating app realm because there was the the bumble had a gimmick which was the only the woman could uh message first then hinge had a gimmick which was you had it had to be like a second degree connection on facebook so you had like a mutual friend then the latter remember or was it the league was like you had to verify that you made over 100k and then there was raya which was like you had to be a celebrity basically such such a funny number which is really funny it is yeah it is a funny number it's like because because the the girls that are really trying to find somebody that's like legitimately wealthy yeah like would be so disappointed to get on there and swipe and they meet the love of their life and they're like wait you're on the league but you make like eight grand a month yeah uh wait why is this a dentist in ohio on here dentists hvac consultant yeah yeah i mean like there's so much inflation like 100k is like it um uh anyway promoted post you gotta uh we're gonna we're gonna end the show after this okay uh sean frank dear friend sean fire uh sean's house was at risk of a fire still reaching out to me checking in on me great dude yeah but he is doing a public service here which he says he's giving away the blueprint for 2025.

1:52:01Okay. Which he says my tips for a better life in 2025. Buy a effing Ridge wallet. I'm serious, man. You have seen our ads for a decade at this point. What? You don't think you deserve a nice premium treat? You don't like carbon fiber or sick titanium wallets that can expand to fit one to 12 cards? I think you do. I love you and believe in you. make this year your year by giving me 95 to 195 dollars you can even use code sean at ridge.com for slight discounts so there we go uh and the thing that we love about ridge more than anything um even more than sean and more than the design of their you know their products um is just their profitability i mean this company prints cash which is fitting for a wallet company and their dedication to performance ads when you're carrying a wallet it says something performance marketer of the last decade yeah and these two guys are selling more wallets than pretty much anyone else on earth so yeah anyways a lot of a lot of buying a specific consumer item is about aligning yourself with a brand and the team behind that brand you don't want to support a company that's underperforming yeah if you if you see someone in a model three at a you know in in la you know that they bought that car because they support elon they believe everything he believes and they're politically aligned with elon and you can go up to them and say everyone some of them have a bumper sticker that say like i don't like the big man yeah but some of them are doing that uh sarcastically so you should still go up to them and say i know why you bought this car you're a big elon fan i get it yeah um they love that i'll see you in the tunnel yeah tell them that yeah yeah yeah yeah yeah they love that uh and but but it's the same thing with ridge you pull out a ridge wallet everyone knows you take performance ads seriously so go buy a ridge wallet tell them the technology brothers sent you by juggling dm sean use his code but dm him and say we sent you and i will say i will not stop juggling until everyone listening to this subscribes subscribes and gives us five stars let's do it and gets their entire group chats to give us five stars it's great thanks for watching thank you

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