hey everybody welcome back besties are back for the all-in podcast the queen of quinoa freeburg is here the dictator chamoth and of course rain man david sachs and it's been a big week here in silicon valley with airbnb and wish both going public for over
a hundred billion dollars combined anybody get their beak wet on that one oh hey guys oh what how are you david yeah i might i might have gotten my be quiet on on a couple of those so oh a little bit well uh you know what in celebration of your recent victory with airbnb
wish i will oh no i can't zoom in on my merch but i've got my unofficial wet your beak mug so for those of you wondering we have to uh get a little bit of housekeeping out of the way at first here uh the merch has gone crazy have you guys been watching merch on twitter
of course anybody anybody my favorite market i got some of those mugs i think they arrived today they look great it's amazing and you know the best decision we made was was not to let you sell t-shirts jason because you would have you would have you would have uh milked this for
every every nickel you could and said and instead we we open source it to the fans and they've just gone crazy with it i mean they're literally i know that hurt you i know that hurt you a little bit i mean the the problem i'm having here no advertising i'm picking up all the production
cost here i'm sending you guys equipment you maniacs lose the equipment every time you go from one of your estates to another estate i'm sending equipment to four different places anyway we've got a special very special episode for you today we are doing drum roll please we're gonna
add some sound effects to this afterwards we're gonna do the bestie awards today so we're gonna go through the biggest winners in politics and business and cultures and of course the losers the flashes in the pan the best business moves the stupidest business we got a lot to get through
um but just in terms of housekeeping again the all-in syndicate is up and running i think there's four thousand people have applied in 10 days let's just talk about the market cap of airbnb wish for that matter what round did you invest in airbnb uh seriously was that the founders
fund around yeah yeah congrats thanks oh that's so yummy but to be honest that was already over a billion dollar evaluation correct yeah it was it was i mean it's still like 80 or 100 x it's like a 40x right 48 it's like a 40 it's like a 40x or something like that so thank you thank you thank
you brian chesky thank you peter thiel peter led that round and um brian was looking to include founders in the round uh and in addition to it being led by founders fund and so peter introduced me and that's how it happened wow fantastic i did not get my big wet on that but i did mention
airbnb on my podcast and that you know i've been trying to get brian on the podcast for i don't know a decade and i said you know i know you guys want to have him on the pod i've asked him like literally every year for 10 years but i don't think he likes me and then he emailed
me said i listened to the podcast i like you and i was like oh okay great will you come on he's like i'll come on so he's going to come on this year i think which will be great right for this week and certainly well i think i think uh brian and the whole team really did a masterful job
of uh navigating through the whole kovic crisis i mean everybody forgets how negative the publicity was people were talking about airbnb as covid roadkill back in april i i tweeted a cnbc headline from back in april wondering whether airbnb was even going to survive
and they navigated the crisis they did have to cut head count but they made the company much more profitable uh but they also did um great things for uh both the renters and the hosts um at the company's expense they refunded something like 250 million dollars
to the to to to users who had cancer reservations but they gave the money to the host to keep them afloat so they really did a great job navigating this whole crisis it's a pretty great company he obviously cares deeply um it was very uh hard i think for him to
cut all that staff at that time right it was kind of a tough decision but they were very generous in how they did it yeah so congratulations on getting the beak wet sacks and uh chamath i got a bunch of inbound uh you had file to sell some shares of virgin galactic i saw you tweeted about it and
you wanted to be transparent people asked for you to address it on upfront on the show so go ahead yeah i have a lot of uh projects that i um intend to fund in 2021 i'm probably going to put another i don't know i think the forecast was almost 2 billion dollars to work
and uh i needed to manage my liquidity for this year and make sure that you know i could continue to make all those investments and fund my fund all of the other things that i need to do and that's why i did it and you're still a significant shareholder i assume and you believe in the company
yeah i mean uh i remain completely committed to that business um you know i i it would have been better if i could have sold something else but it's not quite possible and when we're entering it when we when you leave the tax year you just have to make these decisions to
lock in some gains against other losses and um would have loved to have uh i've not had to do it but i needed to manage my liquidity and so i sold you know it's a small portion of what i own so yeah that was sort of my point this is the state small portion of what you own and i mean this is
something that you know in poker and in business you got to manage your chip stack and you got to manage your bankroll so today we're gonna do the besties uh this is our first uh attempt at talking about uh uh it's our award show for 2020. let's leave it at that let's start
out with the biggest before before we hold on hold on a second um how much weight did you lose because it's either that you're still fat and you have it wait wait it's either you're still fat and
you have an incredible camera or you've actually lost weight and this reminds me by the way oh and i'd like to tell a story no no no no four years ago oh my god here we go jason jason and i make a weight bet okay just don't say the dollar amount it was like you know it was like i think
it was like uh ten thousand dollars a pound whatever and uh jason jason he would get ten he was about to do and this is incredible jason comes to us five years ago and says guys you won't believe it i'm doing a show on nbc uh a reality tv show that's true pilot and with not
please beat that out okay beep that up don't get canceled oh my god that guy that guy seems like a train wreck but okay that's fine you're going to do this pilot with people don't nbc an nbc and don't you need to you know be in fighting shape and he said yes i
need motivation so i said here's motivation let's make a weight but you need to be under 190 pounds and i'll pay you ten thousand ten thousand dollars a pound that you're underneath you pay whatever thousand pound over yeah it was like six months later and we're hosting i'm hosting a poker game
and i realized oh my god this is the last this is the last day of the bet the day before well we started the day before and then the last day of the bet is midnight yeah i wait till midnight and i jump up and i'm like wait ben and so i say jason you gotta be under 190 190 2.5 or 193 pounds
yeah he literally goes ash and white and he says more white than i am now okay because i just ate and i was maintaining my weight he says he says okay okay that's fine he had been eating pizzas and then he says he says freeburg you won't believe this he goes guys i just need five
minutes before the weigh-in and then he goes to our guest bedroom and crosstalk that's not true what is that there was no 13 in this story fabricating now he tried he tried to leave after eating all that pizza and cheese and nachos and everything anyways he loses the weight bet and he says jamal this is completely unfair
i'm not gonna pay you he was like 196 pounds i'm not paying you this money like one pound over and he said uh this bet is not over until midnight the f obviously yes obviously yes 24 hours in fair enough so i said all right fine jake i'll find he goes home
he literally takes every diuretic known to man come on and then he loses two pairs of sweatpants and sweated it out i checked in with this guy 10 times this day he walked like 12 miles he took four shits you know i sweated it out steam room he lot bath
he did a colonoscopy he did a colonoscopy to his credit he lost five pounds by midnight and he did drop it but then i said then i said you know what because there were two different weigh-ins uh we were gonna go play in a poker tournament so we went and played in
the poker tournament i said chamath buy me into the poker tournament whatever we win we'll chop it up if it happens so we just made it into a friendly thing um and obviously but great now that story is out there and now i'm going to everybody's going to
be on twitter with the code t-shirt and i hope somebody in the all-in-army does the t-shirt that just says 192.5 and we'll all know what it means which is the way that the one idea was 193. 192. which is crazy that i'm one it was 193 anyway here we go getting into the categories our first
category is the biggest winner in politics biggest winner in politics i'm going to ask you gentlemen to raise your hand if you have a strong feeling on this i'll call on one of you who's got a a big winner in politics go ahead chamoth joe biden toe body okay going down the limb there
i mean let's be honest there's nobody bigger and actually if you wanted to abstract it what i would say is centrism was the big winner and uh and it kind of feeds the losers which is sort of the extreme left and the extreme right but i would say that centrism and joe biden were the
huge huge huge winners well i'll give a i'll give a um an orthodox pick which is uh xi jinping the chairman of the chinese communist party you would have thought he would have had a bad year starting off with you know kovid uh starting in his country at the beginning of the year
but he wasn't evil they you know that a global plague came from china but they were able to kind of uh they were able to use a a very gullible wh o to launder uh responsibility for the catastrophe and they took advantage of the crisis to build more client states and asia and africa with
promises of vaccines and and money and finally his uh biggest global nemesis uh trump and then you know pompeo lost in the election so you have to say he came out on top at the end of this year free yeah i i um i put i have the exact same answer as saks i put the
chinese communist party as a whole actually and i feel like um on the world stage they're uh they're strengthened uh in in the post-covered world so i had yeah because she went from the famous quote in the debates there was a little girl in california who was bust to school that
little girl was me where she took on joe biden and then she winds up getting the vp slot and i think she winds up actually becoming president and will be the first female president of the year of the of the history of the united states and that could happen in the first term or if joe
biden doesn't run for a second term and they do a halfway decent job kamala plus pete bootage edge is a pretty great ticket as well who's the biggest loser who's your biggest loser chamath impossible uh donald j trump okay the obvious answer stream left the extreme left and the
extreme right got it i'll i'll i'll i'll i'll agree with that but i'd also add uh nancy pelosi the speaker of the house uh her impeachment of trump at the beginning of the year went absolutely nowhere wasn't even an issue in the election and her majority in the house has almost completely
disappeared she lost a dozen seats i think the um the the i think she's down to about four or five seats as a razor thin majority in the house and she's set to lose more in the midterm elections
i predict that she is set to not be speaker anymore in two years and headed for retirement okay freeberg you got one biggest loser i have i have the uh institution of american democracy is the biggest loser of 2020. i feel like we're coming out of this year with like no belief
that our election was valid for a vast majority for for a sizable minority this country that um some democrats believe that the election was fraudulent now too i mean if you say something enough times everyone believes it so um you know here we are coming out of this year where with a
crippling um lack of faith in our electoral system and uh it's scary that american democracy is being fundamentally questioned by its own constituents so um so i think that's the biggest loser i i had i had uh two choices here one of them was already said i said the hysterical left as my runner-up
bernie and warren just dismissed by biden and kamala they they are not even part of the discussion anymore and they didn't even get cabinet positions so the hysterical left and the socialist communist party is out of the democratic party thank the lord but my biggest loser
i have to say that this is the worst run of any politician i've ever seen in a year which is rudy giuliani under investigation for les pardes and eager fruhman then the bogus lawsuit elections then farting during a hearing then doing the barat shirt tuck i don't know if we have feelings
on if that was a tuck or if he was trying to wake up the genie and then he bleeds hair dye then he starts bleeding hair dye wake up the genie and he got covered no then he got covered and he's do you think you had a shitty year i think there's gonna be
the fans of the show are now registering domain names of things we say the upside for him is that donald trump's campaign is paying him twenty thousand dollars a day in legal fees no i think it was two hundred no it's 20 grand a day oh it's only 20. that's his going
rate for making a a fool of himself i have a i've ever feeling that rate was adjusted when uh rudy couldn't get uh the case to the supreme court well we all know that trump pays his bills on time so it shouldn't be a problem right all right uh now we're gonna have some more fun biggest winner in
business biggest winner in business freeburg you want to lead us off you haven't let us off yet i'll take this one i think that the biggest winner in business this year is a company that started
a few years ago called moderna this company had a ipo in december of 18 at seven and a half billion dollar market cap it traded between four and five billion throughout 2019 and all of a sudden covet hits and this becomes a vaccine candidate uh driver for moderna and the stock shoots up it's
worth 60 billion today this company has not had a product that's gone to market prior to covid and they struggled uh getting this business um i wouldn't say struggle but they they never really had a an application for their mrna technology they looked at it for years iterating and
pivoting this business and covid un like a lot of other businesses really gave them an unbelievable uh kick and i might even say i shot on the arm i shot in the arm and tonight they got approval from the fda and they're going to be shipping starting to on monday i think saks who
you got for the biggest winner in business we're moving on a good pace here elon musk uh our friend rose to become the six second richest man in the world ahead of bill gates uh and you know right on the heels of jeff bezos uh his company tesla had something like a 8 or 10x gains
over a 500 billion dollar company of course the products are awesome it joined the s p 500 and spacex is doing amazing as well uh we saw the launch of starship the other day and i have just been mesmerized by all these unboxing videos for starlink which you can
see on youtube and it is just magic that you can unbox this little satellite dish plug it in and you have broadband internet from space so um i think you know elon seems to be on track to be uh not only the world's richest man but the world's first trillionaire wow big uh big uh
big ups there to e uh chamath what do you got for the biggest winner in business of 2020 yeah i have to agree with saxypoo uh elon is the elon basically has had over the last 10 or 15 years an incredible amount of challenges that he's overcome he's had an incredible amount of haters
he's had probably had to deal with stuff that most of us would have broken under and uh he just fought through it and the guy just basically bended all the haters until he crushed their souls and i just think that that's incredible absolutely so elon musk is the
hands down the biggest biggest most obvious winner of 2020. that's the obvious winner um i'll give a couple of runner-ups here um i thought also on the runner-ups uh after elon zoom beating skype slack video google hangouts and fixing all their china issues and getting to a hundred billion dollar
valuation is notable obviously amazon did a great job um because of the pandemic uh and then just as an oddball out there i just thought adam silver in the nba bubble was an incredibly bold project that was executed so well and was such a delightful business moment and also a cultural moment
that you know you had the nba shutting down during the pandemic remember that dramatic night on a thursday night and they cancel the games and then they do the bubble and it works and that gave me hope that we could get through the virus so those were some of my other runners-up all right
the biggest loser in business in 2020 go ahead chamath facebook and google exiting the year with umpteen anti-trust lawsuits um i think morale must be pretty brutal over there there's no amount of money at some point that people are willing to get paid to walk in the door every day and
just have to do have to deal with those kinds of accusations and so um for all the good in the world that they do um which so it just must be really tough that they have to deal with it but uh those guys are i think are the biggest losers in business
what do you got sex the small business person um you know whether it's restaurants retail hospitality what have you small business people really took it on the chin this year i agree with dramath about you know companies like google and facebook losing esteem in
the eyes of the public for good reason censorship and so on but tech still our you know stocks are at all-time highs the politicians got to keep eating at french laundry but it was a small business people who got absolutely decimated by these lockdowns which don't even work
and so they are the big loser of twenty twenty free berkeley i'm a little more vanilla than the rest of you guys i went with amc entertainment holdings talk about a [ __ ] business in covid restaurants at least you can do takeout you can't take out
a movie from amc they're they're shut down all over the country their creditors are telling them to declare bankruptcy it's a total [ __ ] show no one's gonna go back to the movie movies you don't think they come back i don't think they go i don't know what the hell like amc's gonna do what
do you do with all those theaters they're awesome i love going in the movies but i'm not going to the movies for at least another year so and it's sad because honestly like movies are a big part of my life always have been and it's sad to see movie theaters you know they're gonna come back strong
they're gonna come back stronger i think amazon will buy one chain i think netflix buys the other and then with your membership you get to go and see all the range of stuff and maybe even see like queen's gambit in the theater it's such a great experience right yeah yeah i would have loved to
see queen's gambit in the theater totally there's so much you could do with theaters and i think there's an opportunity but man did those guys get screwed this year well i always thought they should do an extended edition so imagine if when hbo or one of those did you know game of
thrones if they had it out the day before in movie theaters or the week before uh or two days before and they did an extra 10 minutes people would love that my biggest loser was of course same as david
uh real world businesses absolutely demolished and the government after that first stimulus which was incredible trump did an amazing job of just dropping buckets of money whether it was that pp loans and ppe loans whatever the ppp loans ppp loans all this stuff was incredible and then
what complete utter [ __ ] and incompetence from our government that they couldn't get the second one done it's absolutely [ __ ] infuriating that the democrats and the republicans these selfish [ __ ] couldn't get another billion dollars dropped who was that and here we are in december
that [ __ ] needed to drop in august or september not december it's just absolutely disgraceful it's they're i'm just disgusted that they couldn't even get some more money to people who are suffering unemployment and these restaurants a hundred thousand restaurant closures
by the end of 2020 it's just unconscionable that the the stock market is ripping and we can't get just some money in people's pockets just drop the money to infuriate and we're sitting here at the taping of this that it might actually happen um okay
biggest winner in culture who's got a big winner in culture anybody got one i got the um the black lives matter movement and i think it um i think it was such a like meaningful um and impactful uh um kind of shift in how people were thinking fundamentally about behavior in society it's
still persisting you know there's corporate action there's state action there's regulatory action um and i think it's uh it's a meaningful movement that's going to persist i think it came at a time when we all felt like you know a lot of people felt locked up in their homes people were angry
people were frustrated with the system and um just uh it just was a very poignant moment uh especially occurring during covid that it really took hold um and i think it's gonna last and i think that the uh the movement itself is gonna spawn a lot of change yeah i think it's well said david who do you got uh in culture
uh baby yoda uh star so you went pop culture on that one yeah star star of the mandalorian show uh that his his ascent uh icon status uh helped disney get 86 million subscribers for for disney plus uh which just blew away expectations and uh has established disney plus
as the main rival to netflix do you think netflix uh you think disney will pass netflix correct i don't know if they'll pass them but they're now certainly going to be a major rival to them i think that i think they passed them okay chamath who do you got
i would pick a combination of fortnite roblox and among me which i think has for at least um a lot of high school and middle school uh kids but i may be a lot of adults the only form of social interaction that we've had for an entire year what a great what a great selection and
and i think it's important to understand how much lonelier we all would have been and how much more mental illness and depression we all would have dealt with if we couldn't have even just talked
to our friends and i think that there's something really beautiful that those games did for people that's a good one that's a good one i i went with podcasting i think on a cultural basis joe rogan and what's happening in podcasting these long-form discussions even this podcast
um has become just an amazing amazing movement and people are having better discussions and i consider it the antidote to what's happening on social media when people hear us discussing stuff on this podcast they feel like they ate something nutritious they had a great salad they had some
healthy food and then when they're on social media and they consume the same tweets that we're doing they feel like it's junk food right and so i think that podcasting long form discussions listening to each other maybe you know republicans and democrats left right everybody
listening to each other and podcasting is just such a great meeting medium for discussion who is the biggest loser on a cultural basis in 2020 mr david sacks the media starting with the new york times and other sort of elite media they rip the umpire jersey off their backs to go after
trump well they got him but at what cost half the country will never trust them again this makes conspiracy theories more likely it makes cultural divides deeper and they've been revealed to be corporate journalists journalists who subscribe to and serve an agenda of their corporate masters
they've lost the public's trust freedberg what do you got on the biggest cultural loser uh climate change it took a back seat this year um it you know it had momentum as a as a cultural meme it's uh it's lost its uh its luster and it's been shadowed a little
bit this year with blm and uh and covid and lack of faith and institutions and all the other stuff that's been going on do you think that people now when they see the collective response to kovid and the pen uh the the vaccines and us our ability with science and technology to solve the pandemic
we will have a newfound appreciation for coordinated global action on global warming david preber i think are you asking me i think um i think the uh i think the faith in institutions has eroded tremendously this year the who telling people
not to wear masks and then telling them hey masks are good uh the efficiency that hits the um i think just a global warming movement as well yeah i think the lack of faith in institutions as well as in the media makes it really difficult for things that require a coordinated effort uh and a
coordinated cultural shift uh to take hold um you know are really challenged in this new kind of model where where you don't know what to believe and you don't believe institutions and you don't believe old school and you don't believe states and you don't believe you know anything structural
anymore so it's it's a scary it's a scary kind of moment i don't know i think climate change is going to have momentum with the new administration at least coming into office in the u.s but um but generally like institutional guidance is is lost at celester traboth what do you got
business culture wokeness i think when you now look at the realization of what we've gone through um people have realized that you know you can you can be extremely anti-racist and think latinx is just a stupid label you know you can be an entirely complete 100 000 million percent
supporter of lgbtq but think that you know all these complicated pronouns aren't really necessary and i think that people are coming to a point where you can have um nuance and i think that that's really important i think that this whole cancer culture and wokeness was
um incredibly corrosive um and i think that that they lost i i think it's actually a great um i think it's i think it's a great point you're making chamath because on the last episode i fumbled the word mx which none of us had ever seen we all laughed about it and then i just had
this little thing i was like okay i guess this is when i get canceled because i laughed at the fact that or i mispronounced it right and the fact that i thought even for a second that mispronouncing this term mx which i then did research on and i said does anybody know how to pronounce word
mx on twitter so i figured i would preempt the dropping of the um podcast by bringing it up on my twitter and people are like are you trolling i'm like no i'm asking and i found videos and it turns out there is an actual controversy in the trans community where mx
some people believe means mixed am i xed other people think it's um mx as x the variable as in the variable x and so they're having their own debate they're figuring it out that's great everybody loves them everybody supports them but the fact that i mispronounce it you know
yeah well jason can i tell you can i tell those people that are struggling with whether x equals anything or x equals mixed hum just to touch upon friedberg's point um the human race has caused eight percent of all the species in the world to go extinct
and we have put another 22 percent of every single other species at the at the brink of extinction at the same time we have now expanded our footprint to touch 75 of the earth's land surface so until somebody fixes those problems i don't actually want to know what the x stands for yeah i mean we
we're this idea that we're going to count until we put until we put it until we put stimulus checks put the [ __ ] stimulus checks into people's hands get these small businesses back to work then you can tell me what the x stands for yeah okay my biggest loser on culture
was the same exact as you david we're thinking similar i have taken the red pill you gave me i crushed it up i've been snorting these the red pill like crazy people think i'm turning into a republican but i thought mainstream media and late stage journalism sacrificed
objectivity specifically to get subscriptions and they used the anti-trump feelings and they worked them and got the the ratings from them and they literally used that new york times as the is the the best example i think the work you guys use for best example is canonical
of like using their anti-trump feelings to get people to take out their wallets and subscribe everybody realizes it they drove out barry weiss they drove out their editor of the page from making people feel unsafe with their words and then new york magazine drove out andrew sullivan
and then glenn greenwald gets leaves his publication i mean anybody who descends inside of one of these publications they canceled them inside of a publication for an opinion on an opinion page it's crazy okay let's keep everything moving here biggest turnaround in
i guess this is biggest turnaround anything but i did business i'll lead off with mine my best turnaround was airbnb they laid off 25 of the company in july 1900 of 7 500 employees they cut their marketing budget by 800 million and then the ipo five months later uh and they had raised a
billion dollars at an 18 billion dollar evaluation according to pitchbook and now worth 88 billion a week after the ipo that is a turnaround of all turnarounds david who did you have this is where i had joe biden he finished fourth in iowa fifth in new hampshire no
candidate has ever bombed that badly in the first two contests and gone on to win the nomination biden roared back in south carolina and then won big on super tuesday and wrapped up the party nomination by march uh biggest political comeback ever
who do you got freeberg i got airbnb as well i mean from yeah and here's the here's one of the craziest stats they're sitting there in q1 with a great business revenue dropped 67 in q2 can you just imagine the experience of 67 of your revenue going away in one quarter
uh cash burn skyrockets and just having to respond quickly and still maintain integrity with your customers and your employees as a leadership team i mean it was an incredible leadership um uh demonstration it's a five alarm fire right i mean it's literally you got to get everybody out of the building here we go
sensor censorship censorship existed in in draconian and the dark ages of our of our journey as a country and in the world and it came roaring back this year the amount of people that have been muzzled stifled the amount of fact and science that literally just gets judged willy-nilly by
our distribution points like facebook and twitter and medium it's really scary so censorship made a roaring comeback in 2020 i i like it i like it a lot okay now we go on to the biggest flash in the pan you can interpret this any way you like what do you got sexy poo
the w-h-o the w-h-o nobody knew who the dub the world health organization nobody knew what the who was before this year then they have become you know somehow this global authority on covid despite getting everything wrong they initially said that we didn't need to wear mass they didn't
update that until june 5th this was about 10 weeks after my blog saying that you know mass were a good idea they got the method of transmission wrong they were saying that transmission mainly occurred through fomites which is contagious surfaces instead of respiratory particles
they initially said that lockdowns worked then they modified their policy on that because of its impact to marginal groups and so the who has just gotten everything wrong this year and despite that fact you now have to chamas point google youtube and even sites like linkedin or nextdoor are now
censoring people's statements if they contradict the who apparently without irony because nobody has contradicted the who more than the who itself i look forward to next year when nobody cares about the who anymore great freedberg what do you got flash in the pan
uh i put hydroxychloroquine you guys remember that was good it was gonna it was gonna save the world for a minute or two and then you know here we are and uh so i'm just gonna leave it at that yeah here we okay yeah everybody knows you may have heard of hi joe quinn okay miracle some
people say it's america i took it it's great what do you got it's a flashlight it's actually quite related to this and i thought that she was marvelous but i do think she will disappear off the scene which is sarah cooper which uh you know basically in the last month of the campaign
um kind of just disappeared and now is uh i don't think uh anybody knows who sarah cooper is and probably in a year from now won't but for for the pure for the for those dark months of the pandemic her mockery of trump was some of the funniest stuff on twitter that i know oh sorry cooper's
amazing yeah she she got a netflix and i don't think she'll be a flash in the pen i think she'll come back um i would have loved to pick um who was the press secretary for um with the southern accent for for trump sex sarah huckabee sanders yeah huckabee she but i think she was gone
in 20 by 2020 so i can't pick her but she was amazing at defending trump she's like you all are dumb and trump is smart and he has a 150 iq and he owns mar-a-lago and he has a jet and his jedi and you are the fake news media and i don't care what you say america public know what you say
and trump is amazing in bed he was banging porn stars when y'all were jerk i mean he's just she would defend him i that's who i want as my pr person she defended him for all time my biggest flash in the plan though i think you need a pr person yeah i don't need a person i got this we
got this podcast now we don't need the press or pr we just go right to the audience um nicola trading at 34 billion dollars they took your precious spax chamoth and they perverted it with a [ __ ] milton who was on my podcast and couldn't answer basic questions it's now worth 6 billion i
predicted it will be worth 60 cents i kid you not this company will go to zero is my prediction if you are buying companies and i made jason jacobs you were gonna scare all founder all founders ceos
are gonna avoid coming on your podcast now no no no no i i'm delightful but for this kid um no he's under investigation the thing's a disaster they're obviously riding on elon's coattails he couldn't make a decision it was hydrogen powered cars or electric trucks or whatever and uh the
companies in chaos and i i made a rule which is if a company has not released their product and it's worth over a billion dollars be careful because it could be a fraud um or it could be a disaster that's my biggest flashlight nichola um biggest breakthrough freeberg you want to start us off on
this one i have an idea i think i know what you're going to say i'm going to say alpha fold you know that we talked about in the last podcast i think um alpha fold feels to me like what arpanet was which was the origins of the internet you know uh back when it was first installed and no one really
kind of grappled with the ramifications of what would emerge and i think you know once we have the ability to design proteins to do things um a lot's going to change in the world of medicine and human
health and longevity and the kind of environment and it's going to be pretty powerful so i'm excited about alpha fold creating a foundation for for humanity's ability to do those things what do you got a hundred percent alpha fold by uh there's not a close second to be honest okay saks
well as a as a close second i guess i would i would mention the mrna vaccines which we talked about on the show the ability to basically print a vaccine in two days and hopefully they'll follow our advice about challenge vaccines so the next time we have one of these pandemics
challenge trials challenge trials we can uh we can respond much more quickly and then just quickly in politics i thought the biggest breakthrough was uh pete butterjudge he made the unlikely leap from mayor of south bend indiana to being the first credible openly gay candidate for president
he won iowa sort of uh along with bernie sanders and was a very close second in new hampshire uh he's going to be uh the the um he's going to be director of the transportation department in the binding administration i i want to just point something out on your sorry jkl but
um you know the mrna vaccine technology has been around for like 15 years and regulatory barriers and regulatory constraints have largely kept this stuff from coming to market and it's interesting how you know in a year where we have this pandemic emergency we can take
this technology that has been around and has been available to us for so long and suddenly you know all the regulatory barriers get dropped and things come to market to change the world i think it's a great highlight of like what's possible when some regulatory constraints are diminished a little bit
and technology is really allowed to flourish and see the light of day um and you know we all act so surprised that this technology works but it's been here for a while it's pretty uh pretty astounding
that it hasn't worked or hasn't been allowed to work in the past in a previous just an observation i think it's worth yeah i think it's a really valid one because it wasn't a breakthrough that occurred this year the breakthrough was they broke through the regulations you said you wanted to
wait and see some people get the vaccines first um and then that led to some accounts on the twitter saying are you still anti-vaccination and i i had to correct them you've never said you were anti-vaccination to be clear i'm not antibiotics not at all no no no you said you wanted to yes no
no i think my point is um i think a lot of people are going to latch on sorry let me just be really clear i think a lot of people are going to latch on to the small number of cases that are going to
be amplified of people having adverse reactions to this you know new technology vaccine in alaska the other day like two days ago there was a nurse who got the vaccine and she had a really bad anaphylactic reaction to it she had to be given epinephrine twice to survive and she came out
and she was fine but it's that storytelling that's like you know they they assume it should be some small percentage of people will have some reaction to this thing but that is the storytelling that will keep people from doing this and i think that is the the biggest kind of concern and that's why
you've got guys like mike pence doing the the vaccine tomorrow you know he's going to do it on live tv and uh celebrities like ian mckellen doing it they're they're trying to kind of create wait are we going to see mike pence's naked shoulder and bicep on television because mom
actually mother's going to give it to him because if if a woman doctor gave it to him it would be kind of like cheating because she stuck something in him you know and it's just not right um uh okay uh i can't wait to take it if anybody doesn't want their vaccine i will take it because i'm
losing my mind and quarantine i mean for the love of god uh smartest business move chamath i think uh 2020 was uh the year of this back i think that it is uh it is it's an incredibly it's done it's it's done something really really
really important in the capital market so that uh can you give child his bestie award now jkl yes accepting his best award give it to him by himself himself would you like an accepted speech the smartest business move i would like to thank the smartest business move me
saks what was your smartest business move or the smartest business move in business well i i'd like to thank chamoth for the smack thing too because i was in open door and uh i was in porch and both of them are spacking this year so oh i think i'm in desktop metal i'm going to go
with we have to agree thank you for the best in business you've wet you've wet all of our beaks so yeah i mean i mean actually if you think about it i i've done uh six deals this year are we still talking about me are okay we have to he's been nominated three times but this is the only besties won
i really wanted to be in that reality show with you and i mean talk about dodging a bullet we went with this trailer to the top five studios they all wanted it in the room nbc says we'll take it in the room the the head of nbc says we'll take it we taped the pilot and then beeps whole career life blows
up and thanked the lord that show didn't get on tv because i it would have been executive produced by beep uh and yeah that would have been bad so uh no reality tv for me uh i had i had another smart business move i just wanted to point out which was salesforce buying slack
i think it's brilliant for them i think they're going to look back on the 10 they paid of their capital for slack and i think slack will be more important than salesforce ultimately in business it's a huge the most important brand there what a crown jewel
what a great what a great move by benioff and and brett taylor and i just think what a great asset would be better for them than youtube is for google or instagram is for i think i think it's on that level actually i think it's of that order of magnitude where the importance of those
assets to those companies slack will be the sales force cost cost 20 times 30 times as much though so less upside but less upside but but in terms of like lock-in and value and you know the prevention of churn uh over time i think it's gonna be huge i mean it could be at some point
the company is slack sales force like slack will be the preeminent brand there dave did you go for this for smartest business move i i agree i agree with both the ones you've already done okay i'm gonna i'm gonna i'm gonna i'm gonna rattle one off real quick i got i think people
missed this but at the bottom of the market silverlake did this massive debt deal into airbnb which if you'll remember is reminiscent to me of warren buffett you know giving five billion dollars to swisserie and goldman sachs and he earned a 12
coupon and got warrants in both those companies and it just paid a tremendous return for him silverlake swooped into airbnb in april gave him a 12 debt deal for a billion dollars and they got warrants that the warrants today are worth um about 1.4 billion dollars
and this debt is probably worth three times what they put in so in like five months six months these guys have basically turned a billion dollars of debt into four billion dollars of value uh it was an incredible deal incredibly gutsy if you think about what we were all feeling in
early april about the market and where the world was headed we had no [ __ ] clue for these guys to swoop in and do that i thought it was super impressive the other one i i i had a couple on this because i just i want to rattle these off bill ackman bought a [ __ ] s p put sorry bought
an s p put for 27 million dollars that he sold for 2.6 billion dollars he bought he bought credit default insurance on a whole strip of default insurance yeah but he turned a 27 million dollar insurance instrument into 2.6 billion of returns for his fund and he still didn't sell
his portfolio in fact he bought at the bottom and i mean the the the foresight this guy had going into the down market ahead of march he saw that the market was going to tank because of kovid um he made a bet on it it was a tiny bet for him but man to turn 27 million at a 2.6 billion
in like 60 days or 90 days unbelievable and then he bought stock and his companies at the bottom um what a gutsy investor and then i was like anything was there anything fugazi on that with where he
had gone on cnbc and talked and he did this whole big you know longer yeah he did it afterwards but i think he's i think he's great i think he's great yeah i think it was it was incredible and my third one which we don't talk about a lot is larry ellison bought a billion dollars of tesla stock
less than two years ago that is now worth over 10 billion dollars and he did it he joined the board and um you know you put your money where your mouth is and you take ownership and um you know i don't know much about larry but uh there was a lot of naysayers about tesla saying they were bubbly
and overvalued at that time and it was really cute he did it in the middle of the tesla q shorting movement and now he can buy not just lanai but he could probably get kauai to go with it he could buy another island anyway those were three gutsy bets that i thought were worth highlighting that
that just really impressed me and and you know it's when the markets are down when you're facing the abyss when everyone else is telling you you're wrong and you make a big bet like that um and it pays off that's the kind of stuff that i think returns are made from and characters built and
those are those are just really impressive moves for me that there's a lot of impressive moves this year the tide went out and came back in real quick so there were some dumb business moves as well sax you got a dumb business move that was a highlight for 2020
the city of san francisco biting the hand that feeds it for years these politicians have been [ __ ] on the tech community acting like the tech community was somehow a parasite on san francisco well you know now because of covid congratulations the tech community has the
option to leave you have a lot of people leaving and there are gigantic budget deficits for the city the schools have giant budget deficits it's not clear how they're going to close these things and it's looking that more and more like it wasn't tech that was a parasite it was the
politicians who are the parasites and nobody uh knows how to fix the city of san francisco anymore yeah okay uh dumbest business move chamath um i think it was one i think it was probably for me um the governor of california's handling
of um well i guess that's more political than business but um well no i mean it did impact businesses so i think you're you're i think that i'll allow it i'll allow it i think that i think that what he showed was how naked partisanship was in decision making that had that should have been
based on science in fact and the quality of the decision making just eroded every single decision that he made and then now you know as david said it's kind of like you have this just just you know um you have this moment where it's like you know the justi cake moment where he's
eating at french laundry and the day after he's basically shutting the whole world down again it's it's very frustrating so so i think he also was shutting down beaches right and then you know the stay-at-home orders and not letting people leave their house and go to a beach or eat outdoors
all that is send them inside they're gonna have a party inside their house well there's a great tweet stupid there's a great tweet that said um you know i'm not allowed to go to the store i'm not allowed to go to the shopping center but i'm gonna take my child on a walk and if
anybody stops me i'm just gonna tell them i'm taking her to the nail salon and the reason is because you couldn't walk to the park but you could you could go to the nail salon and so you know this tweet was just reminiscent of just how arbitrary and random this stuff was and it had
just so many downstream ink packs so i think that was a huge fail nobody loves hypocrisy i picked my smartest business move with salesforce buying slack conversely i'm picking my dumbest business
move with slack's board selling slack this is the stupidest thing i've ever seen i understand they felt like maybe uh it was a great deal but i would have much rather them see seeing them do what i can honestly to be honest with you i mean i left the board and i just don't know why
i wish i could have gotten the call because i would have bought it yeah i i agree with you i think network effects are incredibly unique assets they're very very rare i think we've all been around them we've worked in them david has david the other david has i have jason you have
it is the single most incredible moment momentum driver and you know sort of tailwind and when it exists you just never give it up and so i agree with you i would have bought slack if i could have if they would have given me a shot we ride our winners and you appreciate network effects
if you look at what jeff lawson did at twilio he started with much less i think uh he started with nothing started with twilio jefferson grid and segment their market cap has gone 12 it was it's 12x market cap they went from 29 a share to 365 a year in three years they're at 60 billion
slack should have been buying other companies with their equity and they sh and they should have built and rolled up all of the other hub spots or whatever else is out there by zendesk whatever i'm not sure that the m a strategy was the hard part i just think that
it's when you're in the bowels of these companies as we all know it's super hard right so i mean i don't think you can fail stuart uh and the team but i think that somewhere along the way just the realization of how special and unique that network effect was um didn't happen because
it would have given a different team a level of energy or comfort to kind of really go for the brass ring as you said and but you know hopefully they'll be able to execute it at salesforce okay did i get everybody's dumbest business move my dumbest business move was myself um so i will
take uh i will take pictures of the award for being a schmuck is me and anyone else that [ __ ] hedged or shorted the market or sold during the dip in march uh i learned the most valuable lesson i've learned in my investing career to date you just want to invest in whole chairs
and great businesses and not try and time markets because that's always a loser's game and a fool's errand um and i think you know worrying about the market going down or up as long as you hold shares and great businesses it doesn't matter trading is not for me it was stupid um and i just feel like
a lot of people learned that lesson this year i've heard a lot of people that kind of freaked out and got out of the market and then they regretted it and tried to get back in it was too late and yada yada i um i read a document um that someone wrote um for me um and she wrote
this incredible quote that i had never heard from buffett and i'll give it to you friedberg because it's right it's very uh apropos of this buffett had this statement which is that you know it's not about timing the market it is about time in market and i just think that's so that's so
beautiful because it's so simple but it basically summarizes exactly what you said which is get in close your eyes and if you if again unless for liquidity you just don't ever sell yeah it's a fool's errand to try to time the market sit on your hands ride your winners
uh and and he always said listen if a business is on if i own this business and i love it and it's at a discount i should want to own more of it i believe that was another buffet i don't know the exact quote uh let's go to smart's political move and we'll go to our token
uh republican david sacks for that well uh well it's it's it's yeah it's funny you identify me that way because uh my my smart the smartest political move goes to congressman jim clyborn uh democrat of south carolina for endorsing joe biden just before the south carolina primary uh
a number of people on the buying campaign were panicking they wanted him to do it early because biden had bombed in iowa and new hampshire and uh clybourne kept his powder dry and endorsed biden at the absolute perfect time it caused by him to win south carolina
and that led him to sweep on super tuesday jim clybourn was the king maker of 2020 without him joe biden would not be president wow okay who you got freeburg smartest political move of 2020 was joe biden staying quiet hanging out in his bunker and letting trump do his own damage
end of story i feel like i feel like if you know that biden knew that it wasn't his election to win it was trump's election to lose and i think he let him go out and lose it and um and that to me was uh smart advice and and smart action yes so he just checked and he's just
he just he just slow played aces he hit his set he just checked and he watched him fire uh who do you got chamoth smartest political move smartest political move which you will not see until 2022 or 23 but laid the groundwork this year and i thought it was brilliantly done was nikki haley
who i think will be the republican nominee for president in 2024 and she did an unbelievable job of tricking trump to believe that he was her supporter then getting distribution and then basically subtly telling everybody that she thought that he was an idiot and i thought that
she was brilliant in so she didn't look like a rat leaving the ship she looked like you know a rebel or something getting off i think i think if you want to find um somebody to consolidate
center-right politics in 2024 uh my money would be on nikki hilly all right i went with the smartest political move i also went for the long game pete buttigieg going on fox recently i think he did obviously a masterful job you had that sax earlier but he started going on fox and basically
being really spicy with them and supporting the hell out of um biden and then he gets himself this secretary of transportation and i think he's set up to either be the vp or the presidential candidate uh in the future and he's i think he's going to be one of the bright stars i also would
uh i think andrew yang it did nothing happened for him this year really i don't know but i felt like he also is my understanding is he's going to run for mayor of new york that was another amazing political winner in all of this i don't know if anybody has feelings on either of those
i love i love andrew yang i think he's uh fabulous uh he's coming on the podcast pragmatic centrist smart capable competent um good listener he attracts it he attracts a plurality of people yeah and i and i think he's spoken out against uh cancel culture
and so you know whenever i see somebody in the left speaking out against cancer culture and censorship like the way chamoth has that definitely to me elevates them in my book are you saying chamoth is someone from the left well it's amazing how much we agree on you know
well i mean i think that there's you have this left and right definitions which have become very hard to understand and i think what we have to get back to is the american principled idea of freedoms and opportunity right and and and i don't think either of the parties actually
were representing that properly dumbest political move of the year i think i know where everybody's going to go with this but i would like rudy giuliani rudy giuliani's press conference at the sex shop i mean just i mean how amateurish is that group of people the four seasons gardening
we're gonna be at the fourth was they were they trolling us and trying to get press for it i don't understand that one unbelievable rudy truliani for the dumbest political move saks what do you got i have a feeling i know what sac's got well i got i got a tie here
uh between uh one was uh defund the police you know as a political slogan the whole country you know the blm movement had the whole country on its side uh after the you know the george floyd video came out everybody was in favor of sensible reforms to control the use of force by the police
and then they they introduced the slogan of defund the police and it scared voters across the country into voting for uh republicans in congress and it probably cost joe biden not the presidency but uh congress and the my my tie the other half of that was uh donald trump refusing to wear a mask
or to endorse mass uh he finally did it but it was two or three months too late if he had just gotten on board with mass it would have been a very easy thing to do uh politically personally uh that could have made the the margin of difference he might
still be president if he had gotten on board with mass about three months earlier freeberg what was your dumbest place i actually yeah i put making masks political more broadly um both the left and the right pointing fingers about masks i mean this is like a human life issue
and um you know uh kind of shaming the republicans for not wearing masks and making it about we're the right guys you're the wrong guys everyone should have avoided pointing fingers and avoided um not doing it because the other side was doing it and it should have never ever been allowed to
become political it was pure science it was about saving lives and i think both sides are to blame um for you know the democrats tried to make the republicans look bad because they were advocating for masks and they shouldn't have done that and the republicans should not have
tried to avoid wearing masks because the democrats were telling them to wear masks and it was just a total cluster um really sad and you know could have made a big difference for thousands of lives i too put trump not advocating for masks as my dumbest political move i believe he
nailed the stimulus that first stimulus where he just dropped the 1200 checks and the ppp and everything he obviously nailed uh you know the operation lightspeed and the vaccines he didn't get credit for it um i don't know if that was political or not that they dropped them the week
the weeks after the election i think it was i'm i'm i'm a little bit cynical about that but my god is there nobody that this man would listen to um and they must have all been telling him in unison
hey [ __ ] put the mask on we'll win the election the in july and august the numbers started to go down precipitously and everybody fauci everybody with half a brain was saying second wave is coming wear masks and he refused to take that stance and not only to that he doubled down
like the [ __ ] he is and started doing rallies this person is such a complete idiot grifter and just imbecile that he couldn't see the clear path to victory and he was tempting fate and of course he winds up getting coveted i mean the idiocracy of the moment is just so profound he absolutely
would have sailed into that second term we were sitting here on this very podcast and we all believed he was going to sail into the second term when the market started ripping back and the coven numbers went down and because of the stupidity of not wearing masks thank god we got him out but to
the families who lost loved ones he's a murderer period we're moving on best political theater into his body and then taking the polyclonal antibodies to heal himself and show the american population that it's just not that bad it was the best stunt the best act
the best theater i've seen and um uh you know i i don't know what what the hell else uh could have beaten it this year i mean the guy literally literally it could be he buckled himself in you know buttoned up his jacket he stared out the lights in his face he was glowing
he had the antibodies rushing through his body he was healing his body he was on speed man i thought i thought the best i thought the best political theater was when the democratic leadership did like the colin kaepernick one knee in kinte klotz at the in the rotunda congress
can somebody nick you just throw the picture of that up there i mean i mean half of them or some of them are so old they couldn't get down on them we picked them back up they all hit their life alert they got the life alert i've fallen i can't get up like 20 life alerts i've never got off in the same room
but the kinte cloths were just so over the top like you didn't need the kitten they really weren't kidding my best political theater is um i i don't know who this congresswoman is but i am falling in love with her um her name is katie porter oh my god she takes out a whiteboard
she just she's fabulous no she's so great she she owns people with that white board it's the greatest she basically does math and people are just i mean she's done this now two or three times where she just takes people down and she did it to mnuchin
like she was like is today tuesday and he's like you know today's tuesday she's like can you tell me if today's student she just destroys people um like i i just never seen anything like it um and uh she's awesome so best political theater for me i don't know uh david did we get yours well
um yeah i mean so i thought the the the french laundry photos you know the all these politicians uh violating their own lockdown policies uh was some with some pretty good uh theater yeah the actor theater yeah you had you know you had you had uh gavin newsom and uh london uh bri dining at
french laundry you had nancy pelosi going to that hair salon any republicans do something like that well um i i would i would tell you if i knew of anybody trump rallies the republicans but yeah but
the republicans haven't been supporting lockdowns so um you know look if there was a republican who was how about the rose garden uh supreme court where they had a super spreader event at the white house but they weren't but but that wasn't political theater because they weren't violating
their own policies oh they were saying that people could take the risk um got it okay i i i'm i'm picking these um politicians because because they're happy yeah it's the hypocrisy uh the one i loved the best out of all the hypocritical politicians was the one who was like please
stay it was the governor of some place colorado or something and he's like please stay home with your family do not travel for thanksgiving it's gonna be too dangerous and then they find out he did that tweet while at a southwest gate going with this family to thanksgiving and they literally
have pictures of him on his phone and the picture was timed at the time stamp of the tweet if i have my understanding correct i forgot the guy's name but there were so many of these yeah well let me give you another one there was uh la uh the la county supervisor uh sheila cool
cast the deciding vote to shut down outdoor dining in los angeles only to be photographed eating at uh for nayo in santa monica two hours later so it's just completely hypocritical and um you know this is why there could be a big recall next year in california i think we have to put political
theater as one category of just loathsome political theater because we're going on to worst political theater and the stuff we've seen has been pretty horrific i'm going to lead us off with my worst political theater which was the banning of tick tock was absolutely the right thing to
do and then they just handed it off as like a gift to oracle to make money and maybe be their server farm i don't understand we were supposed to ban it and get the [ __ ] out of the app store and that was just terrible political theater anybody else got more political theater that we'll
put in our loathsome political theaters well you uh jason just so you uh understand that i'm being uh politically even-handed this is where i had rudy giuliani and his uh tour of self-immolation right from from the press conference in front of the crematorium
to the the the hair dye meltdown to the is a foreign video all right we need to hold on hold on i'm gonna make i'm gonna call an audible i'm calling an audio here we're gonna have a new category to get it covered worst rudy giuliani moment can we have a giant
what is the worst thing the worst giuliani moment oh i think i think the saddest moment was the uh in the borap thing that was sad because you just felt you just felt like this is an old broken man yeah um it was creepy and it was just sad he was like desperate and he was creepy
and it was but giuliani's the worst though was was actually if you listen to the testimony when he farted uh it was really terrible it was really terrible actually if you listen to the testimony you're just like what is this guy saying it's out of control well the also i think we have to cut
into here the poor woman sitting next to him who's clearly in range i mean she's in the blast zone he rips it he rips it and she looks him she gives him side eye but she is so like scared to react to such an obvious carpet bombing that she just keeps a straight face but her eyes go poop
that was unforgivable must have been a stinker i mean it was loud it had resonance if it was yeah um can i can i give one can i give one other example and i don't know whether this is best or worse theater um but um but the the the the congressional uh hearings with the tech
ceos where the senators grilled all the tech ceos and it was definitely it was definitely political theater but on the other hand they all deserved it and there's going to be more of it next year okay political theater because i thought what was so depressing about it was how little
the congressional um the congress people actually understood of these businesses and they went off on rants and and tirades about you know you're blocking republican voice on twitter and you're doing this and none of it actually focused on you know the the monopolistic practices that was
the intention of the hearing in the first place when they actually got into those points when they tried to talk about how the ad networks work and how targeting works they didn't have any clue i mean it was really inside these companies don't even know how it worked and they built it i mean
these things no i'll tell you like i just i just think it's really sad that um that that folks in congress um honestly are so disconnected from understanding technology and understanding you know modern business practices um and they can't actually you know tackle the real issues
um and it neither does the squad i mean aoc didn't understand what a tax break was i mean so yeah even the young ones don't understand stuff i mean we just we're getting the worst possible representation okay now we're gonna go to lightning round with our final two categories
uh best meme uh for me it was the funeral dancers uh followed up by michael jordan i took that personally and i of course loved chamat's mix-up that one of you maniac all in army members made uh who do you got for who got best memes and he got a best meme tuban
forever a cautionary tale about what not to do on a zoom call yes yes that would be okay arguably in political theater let's say no uh anybody else got a meme best or worst i like the funeral dancers but uh the answers are pretty great yeah david anything for you
i just want to say to everybody that's listening i really hope that you guys have an incredible holiday and um we can put this year behind us and i hope for all of you guys that have gone through hard times just know that um you know hopefully you got some friends to talk to and family to see
and talk to and we love you and we really appreciate that you take the time to listen and guys i just want to say to you guys i love you guys with all my heart thank you for helping me get through a very difficult year uh back at you and uh i was very touched by the
uh birthday present you sent me last week that was just oh you want to tell them what what you got you want to tell them what you got big boy i mean listen i don't want to chamoth i i get a big crate at the house it was i was born in 1970 and he got some of the best ones from 1970
and put them in a box and you know i i literally had to put them on a shelf and say do not drink these these things cost as much as the tesla's in the driveways i mean some of these bottles are ridiculous and uh i hope to crack them all open with you guys at the house in happy honestly happy
happy 50th birthday big boy it's a big big muscle well you know i was it was a little bittersweet obviously you know i was gonna have some kind of party or anything like that and then what made it particularly hard and challenging was my birthday was on saturday and my friend tony shea died on
friday uh on that day and i had been dealing with tony shea being in a coma for the fives for the no for ten days before that and then i found out that that afternoon that they uh tragically had to pull
the plug um or i assume that's what happened i shouldn't say that i don't speak out of a turn but uh this has been a shitty year and i really hope uh that anybody out there who is suffering from mental illness uh or struggling in any way call a friend and i think the reason this podcast
uh has resonated with so many people and i hear this from people when they listen to the pod is our friendship and they and they they they hear us talk and they hear us laugh and they hear us joke and the value of friendship and the love and the joy
and people just can't believe uh when chamat says and and men say to each other they love each other and they can't believe that sax almost is able to say it and they and people think by episode 25 stacks will be able to say back to us but we'll try right
now we'll see if we can close 20 20 21. we're all going to say i love you david sacks and then let's just see if this can work i love you david sacks and i love you david sacks back at you we'll take it we'll take it i love you guys love you guys happy holidays love you guys see you guys the new year bye bye besties