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welcome 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 uh 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
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caught some arsonist yeah very clearly and then our our vice president Ben uh had to step out earlier this morning because uh an arsonist literally burned down his nextd door neighbor's house or something like that Lit of fire here's
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what here so people are 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 protest riots I'm just
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going to start looting yep so what people are doing now is they're going into neighborhoods lighting fires waiting for people to Evac uate and then uh starting to rob the houses yep and they're on networks with scooters and motorcycles and rented cars and so it's just full chaos um there's I was seeing in a group chat that uh multiple neighborhoods in Malibu have caught people just coming in actively trying to
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start fires so now people are just uh you know trying to basically make citizens arrests yep full chaos um 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 Harts uh over at AAR 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
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home uh most the top recommended weapon for defending a home AR-15 uh don't over complicate it we joke about a lot of crazy weapons here you don't need the meteorite 1911s uh and an AR will do the job uh so maybe go pick one of those up um also uh support Andrew huberman and citizen journalists who are doing reporting on X and uh buy some mateina yerba mate Matea I'm I I I love this stuff and it's it's huberman's brand if you're not familiar
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uh he acquired it alongside uh uh another Andrew Wilkinson at tiny uh and so they've been growing that and uh we'd 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 onp it's really crazy
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energy in the city right now you got Ash floating through the air feels like it's snowing quity is terrible it's uh it's miserable and chaotic you were actually okay with with there being a lot of sort of posos microplastics floating around because your te's been so high lately you trying to LEL 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 or took the family down there yesterday
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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
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yeah uh completely unrelated to the fire we're moving on we're trying to move to the Tex stories that we love and think are interesting uh today uh there was a uh oped posted by Peter teal in the financial times uh for those that don't
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know who who is Peter teal Oh I thought you were gonna say who is what is the financial times what is the financial times and who is Peter teal no I I'd be interested I'm sure we have at least one brother in the audience 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 one entur inv power law of business books the only book you really
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need to read again and again and again uh founder of PayPal founder of paler uh incubator of a ton of different stuff through uh Founders fund runs Founders fund big Venture Capital firm uh invests personally and 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 crazy and mysterious they always go oh Peter teal backed this company and most of the
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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 back he's he's been he's been a boogy man of the left for a long time 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
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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 Founders fund not Peter Teal's Founders fund like he's one of three co-founders and there's multiple GPS and of course he's
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a huge force in The Firm but uh it is its own entity and everyone including him would like it to be repres presented as its own thing um yeah but that doesn't fit the narrative so he also has teal Capital yeah uh and so this is an
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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 it the lead is in 2016 President Barack
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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
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the same reassurance in 2025 Trump's return to the White House augures the apocalypsis of the onen regime's secrets the new administration's Revelations need not justify Vengeance reconstruction can go hand inand with
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reconciliation but for reconciliation to take place there must first be truth and this feels very tied to actually Eric torenberg prediction which he shared with mly OA and that other analysis that we looked at um mckel Basu tretti wrote
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those and torenberg was saying he's predicting that there will be a Twitter files for the government yeah uh 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 flat is exactly and it could be anod just like oh like you know you you see these reports all the time where it's like oh
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for some reason there's like some bus driver who's making 500k and you're like how did that happen that's kind of odd like it seems like aberation an aberation of like the government or you know or we talked about it in defense where it's like a toilet will cost $86,000 or like a screw will cost 20K um and all of those should come to light but uh he also goes on to talk about some of the the the the bigger kind of conspiracies and secrets within
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the government that people are clamoring for and how do we grapple with stuff 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 yeah so it seems yeah it's
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an interesting choice to to to say I'm not going to get direct 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 it's
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great um 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 and I and I love that cuz I haven't I haven't
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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 uh you know censorship versus free speech what does the town square
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mean how do how do companies operate on the internet Bitcoin there's so many things that come back to this internet and we've heard you know even Lena Khan and breaking up Amazon just been a massive war in a bunch of Min little microcosms and the war on the internet this is a cougan law coinage I think the war on the Internet is how we should be thinking about what happened from the dot crash when the companies were seen
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as jokes and toys to now when they are ascendant they are the most powerful platforms and the people that founded them and invested in them are the most powerful people in the world full stop yeah yeah and it's the the phrasing is
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is pretty on point too because it 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
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the rules of their platforms and and go against like you know we saw this Trump got booted off of Pinterest yeah like wild and and spot and uh Shopify and Shopify so it's like you can't sell anything you can't even organize pretty pictures and get inso for your next home like they didn't want him doing anything it was like full so clear that every big Tech CEO is in a group chat together and they were like look we like one of them
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was like we probably got to do this and a bunch of them were pressuring each other is so funny it's almost just like I I want to be a big tech company too like oh you're you're you're banned from 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 and and create billions of dollars of value I'm just going to post on Pinterest it's like pretty pictures with with him like
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smiling and then like handwritten yeah so he goes on to say my friend and colleague Eric Weinstein Weinstein calls the pre- internet custodians of the secrets the distributed idea suppression complex or the dis the media organizations bureaucracies universities and government funded NOS that traditionally delimited public conversation in hindsight the internet had already begun our Liberation from the dis prison upon the death of
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financier and Che child sex offender Jeffrey Epstein in 2019 almost half of Americans ped that year mistrusted the official story that he died by Suicide suggesting that dis had lost control of the narrative that was fascinating I remember it doesn't feel it feels like he died a few years ago he doesn't feel like 2019 I was telling I was telling someone like yeah it's crazy that uh Epstein died at the tail end of the last
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Trump Administration so there wasn't really time for a Reconciliation within that and it immediately turned over um and it it was very hard to say oh was that before Co after Co it was 2019 um but do do you remember when you first learned about Epstein I remember just as an individual yeah like when did the story it had to be the Articles where there were there were almost like puff pieces back in the day of who is this mysterious financier
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but it was pre I feel like I started to had an idea of who he was prior to understanding that he was obviously a criminal yeah oh interesting I I found out about him through just straight up like conspiracy theory charts of like of like those pyramids and it would be like aliens era 51 and like Jeffrey Epstein's conspiracy because uh when the whole pizza gate thing boiled up there was a lot of like this is completely fake but
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if you dig into the 4chan threads on pizzagate it's like 99% Epstein focused and pizzagate was like a like an extension of that where where like the conspiracy theorist were clearly on to something with Epstein but then they
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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
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but I remember explaining it to people like this 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 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 uh Bill Clinton's been out there a bunch and and
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everyone was just like okay you're also like 20 or 30 years older than me apparently um uh and 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 like of course it's real that's a hard thing is after you've watch documentaries which shows specific stories and they paint this thing it's like what is my my memory of like real time reactions to what was being shared
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versus what did I just see after the fact yeah um such such an odd odd time but yeah I mean it really did become like just Normie like it's not a conspiracy theory anymore it's just history that there was an island and there was be and stuff 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
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that's actually where where T 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 Kennedy 65% of Americans still doubt
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that Lee Harvey Oswald acted alone like an outlandishly postmodern detective story we have waited 61 years for a Dan Mall while the suspects Fidel Castro 1960s mafiosi and the cia's Alan Dulles gradually die the thousands of
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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 Fouch senior adviser David morens we learned that the National Institutes of Health appara chics hid their correspondents from Freedom of Information Act scrutiny nothing wrote
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bar in his medieval plague epic the de camaron it is so in 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 the same way over and over so that when people would make a Freedom of Information Act request that emails wouldn't surface it was just they would always they would like very consistently had had a code c
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o v di I just oh I just flipped the letter but I do it every single time so C ID nothing shows up CDI is like the keyword interesting so crazy that is crazy um in that Spirit Moren and former Chief us medical adviser fouchi will
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have the chance to share some in some indecent facts about their own recent plague did they suspect Co spawned from US taxpayer funded research or an adjacent Chinese military program why did we fund the work of Eco Health
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Alliance which sent researchers to into remote Chinese caves to extract novel Corona viruses is gain of function research a byword for a bioweapons program and how did our government stop the spread of such questions on social
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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
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American backing in a tragic in a uh tragic comic perversion of the Monroe Doctrine we 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 2 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 um we may uh we may
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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 Co first broke and it was so funny because now it's become this like cause of the left like you got to Taylor Run's like you got to 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 there
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was like a multi-week period where only teac was taking it seriously and some of the scientific community and so my co-founders or phds in BIO at Lucy and uh and they didn't see it they're not super political guys I didn't see it
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through like this political culture War lens and so immediately I remember coming in and you know talking about it and then we we kind of knew that okay this is going to be crazy like the the the what's the r not the the the viral
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coefficient very high Etc but uh we just drew out a 2 by two graph and we were like okay uh is it Chernobyl or is it Fukushima or or uh or Pearl Harbor like is this is this attack is this an attack or an accident is this intentional or an accident and then on the on the y- axis you put is this bioengineered or is this of zuntic origin because you could literally go and get a bat or a Pengalin and then just be like it's this Pengalin
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is sneezing let's take it let's release it right and and that doesn't require any biolab crazy science like amazing but it's still like very deliberate yeah then there's the other one where it's if you look at the wet markets in China they are fou extremely foul you could easily imagined that something would happen that it wasn't it that there is a there is a could make a case that it and is still somewhat like the default
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narrative that's being pushed is is came from an animal totally accidental yeah but if you look at the 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
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is for us and it's like even if even if they have Chernobyl they did the B thing of being like no no no we don't have an accident going over here and that's annoying and that's expensive and they and they did we do know that the US funded the work of Ecco Health Alliance which sent researchers into remote Chinese caves to extract novel Corona viruses so we do know that that was happening and so that takes it into like the it's from the
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biolab type of thing 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
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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 weird this Matrix of like four options
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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 there's so little evidence it's so unclear you can't just immediately be
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like 100% zuntic accident yeah and yet the F 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 that
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each had their own take on the story 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 y and and it's
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like well we know there's arson for the Kenneth fire but is you know it's still unclear other people are saying that fire started in somebody's backyard and just ripped and and I I did this on the solo episode I was like how do fire
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start there's a bunch of different ways lightning strikes that's like the allnatural 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
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barbecue that went wrong there was a video of 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 anding 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
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all of these and that was just not on the table for the first couple years of Co there was actually an interesting turn of events when uh I noticed do you know Johnny Harris he's yeah he's misinformation yeah I mean he's he's
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very like left you look in the comments of his videos it's all this is here's five reasons why you're completely wrong I mean for a long time he was like I I felt like he was kind of the cultural center of YouTube in the sense
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that like the average YouTube viewed 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 like the New York Times was reporting on the lab leak Theory fact
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Johny could put his just the fact that the dis was so adamant at making sure that nobody thought it was a lab leak almost makes you think that yeah it it's she does protest too much is the phrase we should keep this for yeah yeah we
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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
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capitalist Mark andreon 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 where were an IRS contractor's illegal leaks of Trump's tax records anomalous or should Americans assume their right to privacy Financial privacy hinges on their politics and can one speak of a right to privacy at all when Congress conserves section
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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 peacemeal declassifications would benefit both Trump's chaotic style and our internet World which processes and propagates short packets of information the first Trump Administration shied
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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
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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 think so I
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think that's what he saying I'm not exactly sure about that one I was a little confused when I read that he goes on to say our onen regime talking about the Biden Administration and all the Democrats in charge uh 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
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retrospect 2020 was the aberration the rear guard action of a struggling regime and its uh God mged mged by words by English every now and then we get by the English language and uh that's a German word I'm sure uh come on uh there were there will be no reactionary restoration of the pre-internet past um and uh and that is really interesting when you think about uh 2020 as an aberration of the previous regime in the sense that Biden was like
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super old and they didn't have a primary to try and install Comm 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
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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 nome's political career as they feel like sort of visual summary of His you know
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California and he was front runner to go for for 2028 yeah and po Market he was with the Democrats he was like 3% 5% like hovering around there like maybe they'll throw him in yeah yeah yeah even you're saying this last election yeah
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this last election it was like oh maybe KLA won't do it and Newsome will be the one or Michelle Obama one thing that the one thing uh the only thing that I uh appreciate about Nim is he oh he knows how to put himself together in a in a crisis right this we we still put on our sus yeah and he has fantastic taste in food that's true he loves a fivar restaurant yeah there was a AI generated image of him at nou like looking at the
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disaster on his phone while the nou was like burning is great 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 techn technological progress in the United States the racket of uh crescendoing
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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 uh perhaps 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 you can admit that and still love our country yeah for sure identity
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politics endlessly re litigates 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 our fights over 1619 referencing the
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1619 project um 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 the internet will not allow us to forget those sins but with the truth it
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will prevent us it will not prevent us from forgiving very interesting so I think a little bit of the takeaway here is is that um the obsession over the JFK assassination might be a little bit of a distraction from moving forward um and there needs to be more of a focus on the recent history as he says uh there was a fascinating did you see uh yeah the future demands fresh and strange ideas to me that's Greenland right Artic
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that's a very good example the Arctic is melting we want you know control over those trade routes and so related to this uh Mark Zuckerberg just went on Joe Rogan the episode just dropped this morning uh and there's a quote here from autism capital I didn't have a chance to print it out but uh 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
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there they wanted us to take down a meme of Leonardo DiCaprio looking at a TV like the you know that one yeah yeah uh 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 uh the Zuck Vibe shift that we talked about on Monday where he appointed Dana White to the board and
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also announced Community notes and moved the uh the trust and safety team from California to Texas and then also got rid give the latest completely eliminated uh Dei yeah no more Dei or organization or Target um so so you can see that this is like eching through fascinating because when when Zuck came out um there was a lot of CST like oh he's like late to the party like like Brian Armstrong was being brave about this in 2020 but if you talk
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to Brian he's like no like it's great that he's here in like four years is not that long like what we don't want is like the holdouts who have Who real 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 if you had a Dei program that was a mass in 2015 like it move on and figure out what's
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actually a good way forward um you just don't want to be uh fighting uh tooth and nail to maintain the the the previous regime that was obviously very destructive um but um fascinating article highly recommend I mean we we
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read it all so uh but it is free on the financial times fortunately not pay Wald 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
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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 V higher maath says I am rich and I have no idea what to do with my life 's a Blog where I talk about leaving Loom giving up $60 million laring as Elon breaking up with my girlfriend insecurities a brief stint at Doge and how I'm now in Hawaii
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self-studying physics and uh for those who for those of you who might not know Loom is a chrome plugin that allows you to record your screen record your uh your face cam and match those together it's actually very useful if you need if you need an employee or you're you need to send someone a little video of hey here's how I want this process done a lot of sales guys I would use it I've used it a bunch for async uh design
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feedback so 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 this could be better I don't like it's just way more flowing than trying to write
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out an email it's just way easier um 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 and now you're
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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 Y when somebody sends you a voice note there's they're saving themselves time yeah it's often saving you a zoom call because it's the whole screen share aspect of it is really Lo is saving you zo call typically it's
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hard for me if if you're giving that type of design feedback you need to not only put all 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 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 but they sold for a billion and it was
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still a great outcome for the founders very clearly the guy made a lot of money uh 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
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don't know what to do with it and honestly I'm not the most optimistic about life I know this is a completely zeroth World position to be in the point of this post isn't to brag or gain sympathy to be honest I don't know what
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the point of this post is I tried to manufacture one and I have an idea what it's about I know the thing that you can chase uh V I got your solution right here stay tuned uh then I recognize the irony of creating purpose out of a blog
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post when I don't currently have much conviction or purpose in life I'll 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
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nameless strangers on the internet uh 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 I had already made more money than I knew what to do with but your mind does funny things
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when you start to consider numbers like this so I decided to go to the Redwoods and figure it out within 5 minutes of my first hike the trees smiled at me and whispered their simple wisdom what's the point of money if if it not for Freedom what is your most scarce Source res 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 hellbent on making sure everyone
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knew I had it all figured out uh so he spent two weeks uh after his 10 year he two weeks after leaving an intense 10year Journey he did what any healthy person does and met with over 70 investors and Founders in robotics wait one one note yep so at Lassie and the company that bought Loom they own jira right yeah so that 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
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painful that he couldn't stay for a couple years to make 60 million an NBA level contract that just shows honestly one thing he could have done is said hey millions of people use Jura I got to make it my life's work to make this product say hey I don't want to work on loom anymore yeah I'm done screen sharing I want to fix jira the the cause of so much suffering in the world I've always I've always said this that you
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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 if you're if you're a big if you're a big company like like uh 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
35:43
would he be able to bring his team upward and or Dylan looking at Adobe being like I want to work with Scott bsky yeah and I'm sure the two of them were like devastated the big problem is is like of course if you're like you know the company struggling like get a get a you know Aqua hire done or or the you know you're you're stuck and you just need an an exit like do that but if it's if it's a deal where you know you're getting you
36:07
know one to 10% of the company they like you know on a market cap basis yeah um set your sites higher and and and actually set yourself up to go in and dominate because you want to be a leader you want to be at the top you've been at the top your entire career as a Founder yeah just because they stuff you in an office with an earnout and a boss as like VP of innovation or whatever if you're a real killer you can get back on
36:36
the corporate track and yeah talk to the board and get the CEO fired take over hostile yeah 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
36:52
and you just want to move up best way to get your boss out of the picture find a bunch of recruit recruiters to recruit them away to a better job that's great yeah so find executive recruiters oh yeah my boss doesn't work if you're
37:05
joining a Founder mode I think at lastas is a Founder mode company I don't think they're responding to hey so and so I heard I saw you work in s you like to yeah but uh certainly if you're in the middle of the ladder works every time every time yeah uh great great strategy and and recruiters are always looking for edgesight 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
37:32
offers actually I'm going to have are you going to be okay I'm going to leave 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 interesting news that's like a Dwight
37:46
from the office Style Style move or 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 think maybe the purpose of the post was was it was more of like using it as a dating
38:01
app kind of like a call to help for E my call to help for e girls like hey any e- girls out there yes I'm very lonely and lost and I have1 to $200 million yes like reach out I'm I'll be in Hawaii so I think the I think the
38:19
maybe not the purpose of the the the post but like the missing thing here is essentially Fame and recognition you know like Loom is a cool company we know about it but it's not something that people talk about like Tesla you know
38:33
it's not a consumer product even even smaller uh even like a kettle in 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 oh I saw that at aroan 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
38:57
vouches and and we have like you know tons and tons of customers much harder with a a exactly that it doesn't happen as much 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 they 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
39:26
want a public Pres 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 I 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
39:50
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 uh and they say my happiness is tied just to my net worth because if you
40:07
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 I've talked about this Theory so basically uh if you watch a barber PO he making stuff
40:20
up now by the way c l but um uh Barber 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 and if you watch it it looks like it's going up endlessly yeah but what's really happening is that it's getting to 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
40:42
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 yeah 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
41:17
like this as it's a it's like a fractal pattern like you see the fractal pattern fractal patterns 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 but if if
41:48
when you're when you're crusting in your business career you're be having grandchildren and you're getting more and more joy out of just the size of your family or or when you're really young it might be hard to make a lot of
41:59
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 but I could when I was 25 but but you still at that time your business career is going
42:10
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 yeah like you need to be balancing all of those different sources of wealth the types of wealth so that you're you're you're you're raising one while the others are in decline if they if they happen to be so and always refocus it's literally just moving the goal posts on yourself on what makes you
42:32
happy what were you about to say you wrote some stuff down uh 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 anyway get it any we've never been hesitant to give unsolicited advice I mean a few a few things I mean one uh 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
43:02
Journey ends and landing at a at lassan 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 yeah where I just didn't feel like I was I was like I'm 20 whatever I was 26 20 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
43:34
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 bar I only know like five out of like 250 people yeah 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
44:03
now crowdsourced a ton of ideas and brought all this in you know interest and Intrigue into what he's doing you go through the whole post but 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 his uh teaching himself physics which is yeah and so I think I think uh the high level like thing that I think
44:28
every entrepreneur it's different where for him he doesn't he's post-economic now y doesn't need to start another company doesn't need to get a job somewhere doesn't need to work in the government so I think the strategy
44:39
overall should just be to do cool stuff so that could take a bunch of different forms right that could be uh elod Gil uh making monuments right he's still doing his thing on the investing side and incubation side could be doing a grant
44:54
program like Justin brother Mars where Justin gives away money to people to try to change their life on the post economic thing I I love that word it's a it's very good phrase for you know 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
45:20
they're still players completely players in the game and and to the point where if they have a down year it's tional 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 they're still active participants they're still playing the game yeah and I think a lot of it
45:44
happens when it it it's always hard when you jump multiple orders of magnitude in a very very short of time essentially overnight I've noticed this with like if you ever hire someone uh and you're running like let's say a 100 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
46:08
person organization into a 100 person organization because everything about that job is different instead of like if you're at a 10,000 person organization and you're a leader like you don't have a person for everything you have a team
46:19
for everything yeah uh and at a 100 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 best to get start
46:31
yeah and if you're at a 10,000 person company it's like well we have an IT team and same money you jump up three orders magnitude it's like 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
46:57
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 and not necessarily wealth like true wealth but like income like cash flow yeah it's just like they got they got a 100K check from go uh from YouTube this month so if you're a teenager making
47:23
100K a month and then you 10 years later you stopped 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
47:51
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 with 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
48:13
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
48:24
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 Wonder kids and we didn't get our full bite at the Apple yeah and so that's
48:35
very different than the and they basically all went back to zero and all ran it up to public companies again y exactly proving that uh luck counts for something that's the goal you get couple hundred Mill you got yeah so I mean
48:46
there's so many things like imagine if if Mr Beast had started his content creation career with a100 million already in the back oh yeah and so imag so so do something like like that uh I think that it's not wouldn't be the
49:00
worst idea to do a Peter raal style sure deal where let's say V buys house background on Peter so so well yeah so Peter raal started RX bar sells it like raises very little money sells it for like $600 million yeah proceeds to wait like basically I think like five plus years after his earnout and all that stuff does like a bunch of growth Equity investing some Venture investing and then basically starts the same company
49:27
again more focused on protein called David and now he's running it of 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 product so Peter's sending us
49:38
some 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 and like 200 survive on matinas and easily Roar water and uh Volta goo Volta and
49:57
and David protein bars you can't you thrive so I would say your strategy was spend all your money 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 I'm happy to run through that but let's finish up your so so so the Peter raal thing is like Peter rebuild Loom rebuild Loom rebuild the same company you know build a loom that just that automatically generate AI generates
50:24
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 all the get back on the treadmill back on the mission and just run it back again so I'd like to see that I mean that it's also Nik beer that's also a bunch of people that have done that stuff uh it's not just the not just Peter the thing with um Psy so so there's a mushroom on his blog which is
50:45
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 there you know people can experience tremendous benefits from them but doing them while
50:58
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 so there's it can tell you truths that feel real that aren't necessarily real yeah and so
51:11
even um it's like the opposite of grounding yourself you're literally like having an outof 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
51:33
real life problems and and vicissitudes and all different type of uh things that that they need to work through and uh that can just make you a lot more human if you're actually like engaged with your your community and then your
51:47
friends and and and and you know whoever's in your in your network uh really growing that stuff will actually help you get keep stay grounded um but did you anything else before I go into my plan yeah I just think uh studying
52:02
physics in Hawaii very 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 R boy y 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 so like 700 it was like I think it was over a thousand it was the most insane stat I looked at
52:29
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 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 M mass monster Arc is gonna be fantastic but yeah get jacked I mean there's just like yeah there's a lot the the the get inspired by Nat fredman take 500k and create a public good out of it
52:54
right 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 it the timing for vet to come into this wealth also
53:23
during as loud opulence becomes a dominant Trend and quiet luxury is sort of Fading Into the background that's great the timing is pretty perfect to start spending some uh some cash especially you know on the equestrian
53:36
side which I'm sure you'll get into yep um you know it's not easy or inexpensive to have a a stable of of Championship winning race horses but he has the resources to do that exactly so so yeah I broke down kind of how I would spend
53:51
the first 200 million um to really get you back on the honic treadmill CU it seems like he's kind of fallen off um and once you move into uh you know a Manhattan penthouse you're going to 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 at Lassie and say or you see them in the elevator and they've got some bags of them and they're like where
54:15
you going I'm going to my house and Aspen exactly and and you say oh what neighborhood you're in you look it up on Zillo and it's $50 million entry Price Right like well that's a quarter of my assets I I got actually get back in the
54:27
game I got to get back in the game so I broke it down into a couple different categories you start with the real estate portfolio obviously you're going to need a lot of properties uh I recommend a mansion in Malibu probably
54:35
25 mil Miami ocean front front estate you might be able to get that for 10 Manhattan penthouse is 30 Aspen Ski sh 15 Hampton summer estate 20 Lake Tahoe Lakefront home 8 mil Joshua Tree contemporary Retreat for five and then
54:49
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 bugout village some property in Montana or Alaska you might want to go to New Zealand that's going to be
55:00
expensive but beautiful careful gentrifying Alaska though they will they will come for you they will come and so that's gonna that's going to take 125 million out of your pocket um obviously you can use debt but you don't have a lot of cash flow at this point so you're you're trying to burn down that uh become cash poor real estate rich and then that's justification for and not to mention at this number of homes you need
55:24
you basically are running a company again which is great so you're going to get that you're going to get daily oneon-one standups probably need a fulltime real estate agent just 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 of itself a status symbol because so
55:47
many of them are mismanaged and have tons of Hangers On 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 Kix egg Jesco Rolls-Royce cullin and black badge that's 7 million right there and then you copy paste that a couple times with
56:09
different get some funky stuff get an old Ford Bronco drop top you know that's not going to completely run up the bill on you but it's it's going to occupy your time no and the key here is you know buy it's all life is all about buying the right things right people say oh spend your money on experiences well you know a one ofone Bronco that's been you know refurbished and rebuilt is is an experience every single time you get
56:35
in it it's 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 PCH phip Nautilus 5990 Rolex Daytona Paul Newman rishard mil you're in for
56:51
1.3 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 terms of fire uh Firearms I mean you can't go
57:04
wrong with the meteorite 1911s we talked about those from cabic Guns a singer 1911 could be go down to Arley and Beverly Hills get a get a shotgun a browning 50 cal that's going to be 50k you're going to need licenses this is
57:18
all going to take up not just money but time yeah and so while you're thinking about your next ACT you're also a happy life is a busy life too you don't want to be to you want to be busy so you could easily spend 5 million there then
57:29
on horses you're going to want to start breeding race horses ideally from the American Pharaoh line uh but then you're also going to want a high performance quarter horse for cutting An Andalusian Dr stallion an Arabian Show Champion it could also be cool to go um uh to go out to Omaha Nebraska Y and literally buy every home surrounding Warren Buffett and create sort of like a castle wall typ set where you build basically
57:59
you for vene he would be able to look down on Warren Buffett Y and start picking up through osmosis some some you know he's he's got to manage his family office y 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 V might like he hasn't done that before walking around the neighborhood strolling around on top of your quarter
58:22
horse you know he's going to have to stop and say hi absolutely or if he hears pull up in your Camry yeah if you pull up in a yeah he he's in the Camry you're in the J yeah every time he starts his Camry and you hear it kind of
58:33
start up you start up the Jesco the Jesco and it yeah exactly and then the quarter horse gets a little skittish yeah the J go riing uh then you know obviously build a wine collection you're going to want an expansive seller
58:47
featuring top Bordeaux first growths lefit muttin petris iconic California cult wines Like Screaming Eagle scarecrow uh this Blends revered old world European Traditions with Cutting Edge American vinture viticulture you're GNA spend five million on that easy get a somal get a Somalia full time 15K 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
59:15
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 netjets before um sort of a touchy subject for our audience but but if you've spent this
59:29
much on cars and guns and houses it might just be the right mix for you until you get that second yeah that 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
59:44
art collection you're going to want a curated set of works you could go Andy Warhol bosot you could go older and it's just going to get more expensive but you could easily put up $50 million 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 uh a lot of Leverage maybe you're you're actually in in control of maybe a
1:00:08
billion dollars of assets kind of a five to One debt to equ one thing that's priceless too is having an enemy you know yep um the if an has had enemies they've basically been forced to listen to the soundtrack of his success for the
1:00:23
last few years but picking new bigger enemies yep um you know he could pick somebody like um Kus Rick Caruso he could he could try to come in and and start competing and outbidding Rick Caruso I mean the other side of this is
1:00:37
that he's working for atasan 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 going to get three Valkyries wow actually I'm going to engine swap a couple of them lower them them you know that shot of that dhh has of his like crazy view make it even better that's right in the in the fire
1:01:03
oh really yeah oh no way he's hope he's okay you 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 last and say we're take we're coming for every single base camp customer and I
1:01:29
will be CEO of this company yeah once I destroy base camp yeah Bas Camp has said they'd never sell but if you take if you take 100% of their customers they will go out of business and DH will be forced to sell his vye to you yeah but you'll already have three yeah and uh I don't think you can have too many Valkyries though no you want a corner of the market really cuz you take them you race them so fast you're crashing a bunch of
1:01:52
them but every time you crash one lowers the amount so raises the market price so there is a there's an efficient point where crashing the valkyrie drunk driving or offroading it taking it on the DAR taking it on the Gumball 3000 uh this can actually be positive for your net worth yeah and that's great um the other option would be to pick a low status uh Nemesis just I'm sure this post went Mega viral I'm sure there's
1:02:20
some haters some quote tweeters pick one of them at random go one by one revenge is a death dis 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 doll destroyed category 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 so I agree so and he could definitely get
1:02:45
that done in in a day you know in a few hours or we would back we would back growth fund start a hedge fund uh I mean the growth fund it depends on who you want to talk to but you know the seed fund you're talking to a lot of Founders
1:02:58
some of them are going to be like 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
1:03:07
already deris like growth fund yeah 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 hanging out with them and it's fine if you make one investment a year so you can study Physics yeah and then rip checks totally totally it's great anyways V proud of you proud of you about your feelings good luck on DC let us know if you want to join the show
1:03:30
call in call in or we'll come to 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 you the check is just going to be too too many zeros to fit in the box to fit in the check yeah yeah bring one of those big checks actually bring a huge check bring your little your UB key or whatever stable coins we're going to Mercedes
1:03:57
we're getting you an amg1 we're going to Aston Martin we're getting you a valkyrie we're going to Bugatti we're getting you a turbon we're going to Mercedes we're getl 300 goal win we're going to Ferrari we're getting the f80
1:04:07
we're going to McClaren we're getting the W1 we're going to Geneva and we're buying the pek store yes making them an offer they cannot refuse yes I mean we talked about uh who's the Hedge fun guy that bought a watch company I love that
1:04:19
he owns the watch oh it's uh the guy who's always getting angry us uh perfect urban life yeah yeah yeah why can we not remember his name ping square is this fun I don't Bill akman Bill akman that was going to be bad it's hard it's hard this is not an AI generated show folks we gota sometimes we blank sometimes we get mogged by the English language and other times we just blank on someone that see every single day on the
1:04:43
timeline um okay so we got some q&as let's go to questions from the fans from the brothers from the Brotherhood uh Ben ker our vice president posted some behind the scenes footage of you dancing and me playing Tetris and Chris on the Retro what kind of shoes are on jordy's feet and is this a real word is is this a is this the word for what you were wearing category Sho Chris has been deeply within the world of highend equestrianism and he's
1:05:17
very he's very he's very uh he's growing up in loud Among and I mean his profile photo he's wearing a tu so love him anyway uh those are some BGA Vanetta slides picked them up couple years ago some my favorite shoes yeah kind of wear dress them up dress them down you can wear them to the beach you can wear them uh to a nice dinner uh but we uh I actually love the shoes so much that uh we are working with uh my friend Devin
1:05:45
to develop our own uh TB branded version of those exact slides so uh Chris keep an eye out if you don't want to spend uh 15 00 bucks on uh you can get these going to make them a lot more uh you know accessible you know but still very fairly priced um great so if you head to the BGA Vana store tell them the technology Brothers sent you yeah the BGA store actually made it in the Palisades oh that's where I bought them uh it uh yeah everything
1:06:17
around that development burned down except for the BGA wow well emergency supplies yeah um we got another DM um it says I'm joining a startup about aund uh over a billion dollars in market cap should I focus on a narrow set of skills
1:06:34
or try and work across teams and functions what do you think Jordan wow uh you're joining something that already has SC billion dollar market cap valuation um this this you know screams corporate athlete to me somebody
1:06:52
that needs to get in there and make stuff happen work cross functionally y uh you know own own some key product areas strategies whatever you need to do but um think go in there as an athlete outwork everybody train your mind y get
1:07:09
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 500
1:07:25
a.m. and say want to get a work in door door to the office is locked could you come open it up for me and if they say uh you know oh we might be able to get somebody for maintenance over there just 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 that you um it's free to outwork
1:07:51
everybody it cost some 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 need to you need to uh you know really put yourself on the map yeah 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 uh like the Strategic Finance guys that would come
1:08:17
in and as corporate athletes in the sense that they were good at spreadsheets but that skill set of analysis management uh strategy could be applied basically anywhere in the organization you can drop that person in the marketing
1:08:31
team run some analytics see what's working cut things um but also on the product side really anywhere um and uh 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
1:08:44
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 good decision- making yep deeply analytical ability to drive outcomes an ability to study the experts like if you want to learn marketing go listen to Andrew hubman go look at Rob mower's feed yeah right there you go um so yeah I think the the obvious um yeah obvious answer here is sleep on an
1:09:14
eight sleep you're a corporate athlete sleep on an eight sleep get those sleep scores up wear a whooop band if you know track your stress throughout the day if you're not getting stressed you're not working hard enough you're not taking on
1:09:24
enough responsibil yep so make sure you're stressed CH 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 uh it's essentially here I
1:09:38
have it here um I am a I'm working at a VC firm and I'm considering joining the Trump Administration I'll be working for uh one of the billionaires that's heading up one of the organizations uh what can I do to stand out as I join the admin and make a statement on my first day at work what do you think Jordy how when you're coming into a new organization how can you uh earn the respect of your boss and how can you set
1:10:05
the tone for what might be a short stint since these political jobs usually it's foure stint at most so going into the admin in this going into the admin for a big shot in a different role how do you how do you stand out so when you are
1:10:21
watching a sporting event yep who do you notice in the crowd guys with the chest painted with the American flag chest and face paint face painted yeah face painting is key okay chest requires you to go shirtless not
1:10:34
every office environment is that conducive to being shirtless yep but the thing that you can obviously do in the situation is paint the American flag over your face and add stars to it so like don't just settle at 50 stars
1:10:47
because that just shows you're not very ambitious and you're not tapped so take the picture that you posted yeah yeah you're not tapped into the discourse if you're not putting four stars right so Moon Greenland Panama Canal Canada
1:10:59
Canada Panama let's spend I actually spend 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 going to 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 make yourself
1:11:27
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 him out to DC and um you know pay him whatever it it takes right you're
1:11:41
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 very worth it you're going to be a little bit in the
1:11:52
red but can probably day trade your way into back into the greens that's good that's a good call my my advice was uh gift your boss a gun on day one AR-15 that's wrapped with the American flag because there's a lot yeah 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
1:12:17
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 you put an AR-15 on the background just immediately lets everyone know you're 2A yeah and a
1:12:30
good thing is you know even in the government they do work from home quite a bit y so if you know you're going to be on Zoom calls go get a starlink post up it at the local range yep and when you're not talking on the call be
1:12:43
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 that might enjoy guns people don't enjoy guns they're going to say well this gu could defend me in a in a hostile situation so it's a good way to to build you know relationships and uh establish dominance on Zoom specifically and so and don't don't mute either yeah yeah
1:13:10
you want to 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 um but yeah you want to make a statement you want to come in let people know what
1:13:22
you're all about the Cadence up well speak speaking of America and international relations Tik Tok says it plans to shut down the site unless the Supreme Court strikes down the law forcing it to sell so Tik Tok will not
1:13:38
sell and AG Hamilton 29 says the fact that China the CCP via bite dance 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 FAS yeah Simon said in poker they call that a tell um Simon's been right a lot lately he has got to give him credit for that um yeah I I used to be the owner of band
1:14:10
talk.com yeah uh sold it for about what I put into it thought it wasn't getting banned yeah now somebody's going to make an absolute killing I talked about this you could make kind of a vampire app where you clone you know Tik Tok and and and sort of recreate the social graph for people and just say hey come over here start posting um but I hope it gets banned it's absolutely insane that you know we we wouldn't want China directly
1:14:36
controlling you know one of the top three largest media companies and that it and Tik Tok is objectively one of the biggest media companies even though it's a social media platform yeah uh so it's absolutely insane yeah the comp is would
1:14:51
you be okay with the USSR controlling NBC during the Cold War yeah no yeah obious spent uh unfortunately I've spent time in China and they do not allow our social media platforms over there yeah so so there's just a little bit of
1:15:04
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 and so there's a lot of people that are like but what about the small businesses that are built on Tik Tok the attention will just shift the Shi they'll be okay if you were if you were building your small business on the ccp's platform yeah and not thinking about you know
1:15:28
going you see those those recent like deep Dives on Tik Tok shop how people are just like straight up selling drugs like via the Tik to shop it's like there's just no thing China has no interest in you know there's probably like the number one Fen andile dealer is probably Tik Tok literally it's wild anyway let's move on to an Lee skates she says the consumer Founders secret AI master plan uh give us some contacts on
1:15:55
Ann's great uh she was at andreon um helped lead uh our round and now has her own fund cool very very sharp on all things consumer uh she was a part of the group that did whatnot she's raised a new round at five billion so um an absolute dog of a company yeah no need for Tik Tok shop they're probably gonna be way up after the Tik Tok yeah wow that's interesting actually yeah got to go scoop up some secondary right now um
1:16:24
as we 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
1:16:38
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 an is saying um
1:16:51
I just pulled it up because it's actually a thread 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 like this is the obviously the most exciting time to be a consumer investor yeah in a really long time because many of the
1:17:14
biggest outcomes in Venture are consumer look at like coinbase chime things like that um 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 yeah um and so her her Theory here is that uh AI agents will become effectively like recommenders so like recommending actions recommending products and purchasing decisions um you know helping
1:17:44
you develop uh 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 apping like hey I want to get a mortgage yeah everybody who's talking about building something that was uh look at everything in your credit card statement and help
1:18:08
you understand which credit cards you should be using for what should you switch to a different credit card that type of stuff all of that makes a ton of sense everywhere yeah and and Gary Tan in in the comments tagged uh happen stance which is uh uh I believe it's yeah 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
1:18:34
exciting time to be a consumer investor it shouldn't even call yourself a consumer AI investor just because every AI is going to impact everything y um so shout out to an thank you for the thread uh they make these shows possible that's
1:18:47
great let's do a promoted post uh promoted post from Sai sack Sai says looking for someone who knows the ins and outs of Cad and PLM while ALS while also really enjoys teaching training and enabling other Engineers
1:19:05
the job will help uplevel and accelerate the 1,000 plus Hardware Engineers here at andral Tech roll in the thread so size is over at Ander roll uh and this looks like a really cool opportunity for somebody who likes teaching other people and uh upskilling their peers so uh go send a note to s over at andral 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
1:19:38
type and Jonathan says LP equals loving parent loving parent I love there are I do think it's I do you know we are pro- nepotism yep but we're generally pro- helping people y so if you have children family friends that you want to help help them and then also help a bunch of random strangers and I think that's the great part about tech is there's you know you know to use a random example somebody like vet right he if he has a
1:20:07
family member who is uh you know wanting starting a new startup set him up with a fund set him up with a you know you know invest in their company 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 so I mean a million times better than LARPing as a philanthropist nonprofit person just
1:20:29
burn also way cooler I mean we 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 like if I in 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 said giving them a trust fund that they have to
1:20:55
also I mean like you got to build the track record at some point the First Investments are probably going to be rough they're going to figure all the stuff out and uh better to figure out on your parents dollar incinerate your family's
1:21:06
Capital hopefully not that bad I mean with if you're in SF a lot of ways to return the C return the fund if you get lucky or or in the right group all it takes is one all it takes is one many many solo GPS quit right before a hun
1:21:23
bger yep exactly let's go to near cyan friend of the show uh she says I've never met a self-made billionaire who hasn't drank Diet Coke love this great post we gotta 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 coke yeah yeah so mix it in so I realized why di Coke is so powerful and why it uniquely helps billionaires more than just the average
1:21:54
person that just goes and gets the diet coke from you know McDonald's 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 then 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
1:22:18
when you get in your chauffeured car there will be a Diet Coke waiting for you this 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 the Billionaire's Co Diet Coke habit the billionaire Coke habit is 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
1:22:43
a lot of people doesn't feel that great 300 spread throughout 10 hours feels fantastic exactly exactly so it's basically the extended release version of caffeine yeah and so there's been a little bit of a r in the energy drink
1:22:59
category to get more and more higher doses of caffeine but maybe the secret to true outperformance that's why I like the yuron because it's 100 and so you can drink a couple of those can I could we get a couple yeah let's get a couple
1:23:13
more caffeine beverages on the set we're we're thirsty I'm 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 um but but but I do think there is something specifically
1:23:26
powerful a Diet Coke that's probably terrible with the with the carbonation carbonation abely bral to is is thank you thank you Ben um and so uh oh so good uh and and so there is something very specific about the continuous
1:23:46
nature of consuming Diet Coke that you see Elon and other billionaires do yeah and that's and that's actually Lear harder to do it's not just a cost thing cuz you can go to Costco and get a whole flat Diet Coke it's like you have to rearrange your entire lifestyle 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 in the brain the whole day so I I love
1:24:09
that one more post on uh on near another post so near says we are very excited to release our llm rapper hopefully this month I think it will be the most novel and interesting interaction normal people have had with L llms so far by a favor of 10 remember 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
1:24:33
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 near has a new app coming out go follow if there's a if there's a weit list get on it we want to awesome you know you know they also had um uh the Nvidia fund there was just a 10 year duration fund that just by Nvidia okay oh yeah right up it's up ob% crushing it amazing uh but you can't sell for 10 years you just have to hold
1:25:04
it uh so very cool uh but uh looking forward to this um here's a big Claude Enthusiast so I'm excited to see uh what the app is oh this is a controversial one we don't normally talk politics but Reva is a friend so we got to do it uh Reva says you do not think this is politics okay this is facts facts okay here are some fact around policy here are some facts for you which impacts business owners Capital allocators yeah and a lot of
1:25:35
tech is in California uh 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
1:25:50
annual budget of 297 billion the most significant state budget in the United States that poverty despite the highest spending on public welfare programs in the United States under just under 100 billion annually all of its failures
1:26:04
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
1:26:20
poor condition despite all those taxes California rates uh 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
1:26:34
rate has risen by 16% since 2019 While most of the nation has seen rates declining despite 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 y i you don't even have to know those
1:27:04
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 when you just drive around La like I I joke that the G wagon is so popular in LA because the roads are so bad yeah that you need want you want a four-wheel drive with like good clearance because you're driving around and it's just constant
1:27:31
and it's just and it's just pure so you know government rot and incompetence right it's not a budgetary issue for any of these things yep um the uh La spends a billion doll the 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 of it didn't even get spent they were trying to spend because they
1:27:58
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 V if you're VC your LPS would be like sorry dude you clearly
1:28:12
can't get into any deals like you're done I always think about the like the government stuff I mean people always say you know like do we need more budget or less budget um and it always sounds like oh yeah if we just had more money
1:28:25
to solve this problem it'd 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 with that that's a good way to kind of
1:28:51
put this in you know a way that the Brothers will be able to understand you 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 but 90% of the time it's just going to get stolen yeah and just get burnt or spent on something ridiculous and you see that
1:29:13
with the with the California highspeed Rail and the fire stuff and just everything is 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 people have this idea of collapse as being these sort of apocalyptic scenarios but just the nature of having fires rip through
1:29:40
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 it's like a fair mistake um but it's uh yeah this this goes back to the 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
1:30:08
on you know the next 100 years right and how do we make the whole world better for everyone yeah I do have a a bit of like a insensitive hot take about the fires but it's more of like a thought experiment um so I've always thought that uh one underrated reason to support the Second Amendment is not like if you talk to the Second Amendment people that be like you need the guns to hunt I should be able to hunt then they say home defense and
1:30:35
then the last thing they say is like it's a back stop against the 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 imag imag battle D Russia China like lands in Texas and
1:31:04
is like we're going to 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
1:31:26
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 hes down every little Ember
1:31:42
that goes what my neighborhood does we have our own like everyone it's like firefight 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
1:31:56
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 just fire fighting would that actually work or is that just a complete Fool's errand am I
1:32:17
an idiot I don't know no I think it it's high risk in that there would be a higher loss of human life totally yeah it would generally work I mean so but that's 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 911 event but death so low there somebody was telling us in a group chat earlier
1:32:42
that a friend of theirs stayed at their house in Sunset Mesa which is like between the Palisades in Malibu and just fought and fought and fought in every single House burn around them burned down but they save theirs wow which is
1:32:55
almost like what's even the point like you want to live in the rubble of your neighborhood for 3 years it's like very toxic too oh totally yeah and um yeah my neighborhood has a volunteer fire brigade and they they train you know
1:33:08
like kind of frequently there's group of I would like to get that going in my neighborhood just like little bit of a plan a what can we do yeah I walk through with my neighbor being like he he's like this is where the hoses are if I'm not here you know 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 my neighborhood uses goats to clear
1:33:33
brush above in the land above our neighborhood so we bring in like literally like 500 goats which is super cool for the kids they get to see like 500 goats just Milling about eating grass I know there's going to be a ton
1:33:46
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 turn goats loose everywhere we need we need we need to air drop millions ofir millions of
1:34:02
goats into the Santa Monica Mountains yeah and I want to be I would prefer that and hearing stories of oh a goat shwed through that my F40 Tire you know yeah I want the fattest mountain lions just beting just obese mountain lions from eating all the goats but they just can't they just get their fill and they just keep eating because they're just so many goats eating the brush uh and just turn them loose and just stop stop
1:34:28
asking uh for permission just do it release the goats um 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 whiskoff 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 boom uh and I commented to Nicole because I said roughly 5% of our show is just covering Nicole's Post Yeah so if if if
1:34:59
she's po she's almost at 100K followers if she's correct it's it's becomes a huge part of her W Ventures platform totally right where where she can just count on a few times a week get my my post in front of uh you know the the
1:35:15
entire you know Tech world and printed printed is the key thing that's great um 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
1:35:29
pull out a gun I order some squirt guns that look like squirt guns would be good and uh and it's like right now what's the last Founders episode you listen to tell me uh like I haven't listened to a few in a couple weeks C is gonna be mad at me re listen to Dyson oh that's good uh but yeah so so we also top three I would love to be up there with invest like the best Founders podcast techn technology Brothers we happily take line the third
1:35:56
third dream lineup yeah but I mean there's some stiff competition out there dwar cash is on fire obviously that's about it all in Allin is in a crisis but um they'll figure it out uh anyways private Equity buys the
1:36:13
show and turns thank you for the support we talked about that did you post this uh mark andreon saying yes I read it twice his ID says his name is climate change I just thought it was a good arsonist this is the arsonist that got arrested at at the
1:36:29
Kenneth fire which sparked up yesterday around calabases and in in 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 you of course Bernie Sanders is out there saying like this is all about climate change which is at this point it's it I find it uh you know we don't
1:36:53
talk about Politics on this podcast but I find it deeply offensive that Bernie and 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 new Newsome cares more about looking good in a crisis than preventing the crisis in the first place should go to Greenland climate it's going to be
1:37:18
beachfront property it's going to be the new Miami after climate change reeks having Miami we mountain in Greenland mountain in Alaska Water World happens yeah we're chilling yeah we won't Greenland will really have been taken once the 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 Greenland is easy time to play on the hard mode and posts
1:37:51
a uh a screen shot of the world and it's just Egypt no he's highlighting the Middle East it's the entire Middle East from Iran to Saudi Arabia Qatar Dubai turkey I think is in here uh yeah that would be controversial I I'm I'm
1:38:08
surprised this not gotten some more blowback because did we not already 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
1:38:22
more of a real alignment between Israel and Saudi Arabia and some of the other countries I mean we don't talk about politics things are happening effort of the prior the last admin anyways so it's happening well let's go to crypto uh literally Shon says I predicted the Thor chain collapse in 2023 when they launched their lending feature and it's happening now the lesson people never seemed to learn is any system in crypto that can fail will
1:38:51
fail when you borrow it on thorchain they would 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
1:39:11
on this 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
1:39:25
your BTC lava XYZ it's simple and there's no ponzin 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
1:39:40
unfortunately this will be a multi-billion dollar failure comparable to what we saw in 2022 this was predictable too it's basically what happen with Tera 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 Dug in but people into it yeah Rune thorchain is Rune involved with that no no no it's
1:40:05
not r o o n it's Ru NE e very funny though um but uh Moonlighting there was some there was some an non account that was uh promoting this chain for a long time and people really seemed to like that guy and so I think it got a decent
1:40:20
amount of pump and excitement and investment but uh it seems like it's collapsing decent 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
1:40:35
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 is going TJ's going to be pissed about this one but it's just this mod yeah it's a Resto oh no why uh but the Speedster is just so such a such a beautiful concept and and I think Resto mods are great for
1:41:07
non-car guys that want to lar as car guys they're like look at my look at my Resto mod like I'm very much a purist I'm not a bris guy I'm not a you know the the closest I'll get to a to an aftermarket is AMG right yeah which used to be an aftermarket you know off 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 on your 40 that's for swapping my F40 engine my minivan the
1:41:35
V12 F40 is Grail but yeah this thing I I I love the Speedster I think it's an underrated car and uh this thing's priced at only $589,000 giving it away practically giving it away I mean you could buy a house in in like some place like Dallas or you could buy this yep you can't drive a house you can't go on the tb500 in a house but you can do it in this Evo Max uh 911 spider so uh enjoy thank you to Dupont Registry uh for uh you know
1:42:08
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 fir prone forests 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
1:42:40
live I literally live up against a mountain that if it catches fire I'm 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 cougars and all sorts of cool stuff and it's like living contrast of like it's very relaxing Rel I can go out of my backyard walk up the hill and go straight onto a tra but a little bit of the problem I think is that we wind up
1:43:08
building out not because people necessarily want to live near the Wilderness interface more just that yeah but 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
1:43:22
the how housing is expensive there's nowhere else to build and so you just build up and until the mountains and then you're building like gritted out dense houses all out of wood that just go up and one after another and that's
1:43:33
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 I think that you could put up 40 new skyscrapers in LA and there would still not talking 40 I'm talking 4,000 40,000 like I'm talking about like you you walk
1:44:03
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 but even in a place like New York they're still using every extra square inch of the entire
1:44:15
place so I just think that would still we'd still have the same issue we just have new skyscrapers I'm not opposed to yeah yeah maybe maybe but I don't still want to live where I live even if there was you know true but uh I would like I
1:44:29
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
1:44:43
permitted but there's just uh it it is crazy that that we can all agree that some permitting rules make sense that yeah yeah you don't necessarily if you're in some residential area you don't necessarily want a skyscraper
1:44:56
going up next to you yeah Warren Buffett would be pissed if we 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 the jco then he's like okay that's w16 I hear the Bugatti firing up the turban's going or no the chiron's got a w16 the turbon has a V16 that's an insane engine and so you he hears the turbon he's going to be like
1:45:26
respect the castle wall 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 the 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
1:45:50
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
1:46:04
approved and you're not violating any code you have no code violations you just hit print and just go do it yeah and and it's just like okay it's automatically this is a symptom of of the bloat of this is why deregulation
1:46:15
makes sense is because you get so many laws and that build up and build up and build up that it becomes illegal to do anything exactly yeah so if the laws hold over the next few years I mean the pal is going to be empty for a decade like it's just going to take forever 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 um
1:46:41
that would be great anyway uh should we do this uh power bottom dad post aha update from Oregon 1,000 your 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 uh it is estimated that the new newly discovered reserves under the Ancient M mcdermit Caldera holds a whopping 40 million ton metric tons of lithium the scale of the
1:47:14
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 smack over formation a geological formation that spans the W of the uh the width of te Arkansas uh next to the mcdermit Caldera that that now seems a peltry sum China alone refines 60% of the world's lithium not for long so yeah he's saying 1,000 year Empire
1:47:40
with a lot of American flags I guess we just found a ton of Li I didn't hear this story I completely miss this there's this graphic of you know oh we're using this natural resource and then we're running out of it and then America just finds like you know 10 lifetimes worth of it just like continues uh happened with with oil and uh it's beautiful we're blessed it always was funny how people refuse to admit that there is a resource
1:48:05
bottleneck around solar panels like 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 Peter Peter Z zon will often uh start listening to him and you're you're like this gu is goated he's very nice to listen to he can talk about any subject and then you start he starts talking about stuff that you know
1:48:29
about and then you're like wait like this guy's just like spewing that's the Gman Amnesia we're talking about um but uh what what his his you know uh talks and writing on the US uh and how blessed we are from a natural resource
1:48:43
standpoint is is is timeless so uh I gotta let's do like one more I got to get on with my uh chiropractor he ever from the East Coast okay visiting let's do tan he says simple but neat example of a valuable AI feature that runs on
1:48:59
device Tinder AI photo finder leveraging our vast data set spanning hundreds of millions of Tinder profiles uh 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 this allows us to upload the
1:49:23
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 uh tinder's kind of lost the plot on like actually getting people
1:49:34
together for the long term haven't they it seems like it's just like a casual dating app but I don't know I haven't not a great not a great brand not a great not a great brand at this point um but I'm sure some we don't have a lot of
1:49:46
Vis we don't have a lot of visibility into the apps right now because we we have a group chat and no we had one single person in it and then they just got in relationship yeah so it's like how they were anti-app there is an arc where like even
1:50:02
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 people a lot of girls
1:50:11
do this at like you know their girls nights but um uh but uh you know that is completely G why don't you mansplain girls nights delegated twip is what you're talking about yeah that's it delegated swiping I do think some somebody messaged me and they were like I think there's an opportunity to do a delicated swiping app where you never you can't swipe for yourself it's only only your friends can yeah that's kind of cool it'd be kind of
1:50:35
a gamified version a little gimmick you might be able to get your first million users yeah who knows I mean the 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 deegree connection on Facebook so you had like a mutual friend then the latter remember or was
1:51:00
it the league was like you had to verify that you made over 100k and then there was Rya which was like you had to be a celebrity basically which is such a funny number which is really funny it yeah it is a funny number like CU because the the the girls that are really trying to find somebody that's like legitimately wealthy yeah like would be so disppointed to get on there and swipe and they they meet the love of their life they're like wait you
1:51:23
on the league but you make like eight grand a month yeah uh wait why is this uh dentist in Ohio on here dentist dentist get paid yeah yeah I mean like there's so much inflation like 100k is like everyone um uh anyway
1:51:41
we gotta uh we're gonna we're gonna end the show after this okay uh Sean Frank dear friend Sean's fire uh Sean's house was at risk of a fire still reaching out to me checking in on me great dude uh but he is doing a public service here
1:51:57
which he says he's giving away the blueprint for 2025 okay which he says my tips for 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
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$195 you can even use code Sean ridge.com for slight discount so here we go uh and the thing that we love about Ridge more than anything uh even more than sea 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 wi wallet top performance Market of the last decade yeah and these two
1:52:56
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 3 at a you know in in La you know that they bought that car because they support Elon they believe everything he
1:53:18
believes and they're politically aligned with Elon and you can go up to them and say 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 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 um they love that I'll see you in the tunnel tell them that yeah yeah yeah yeah yeah they love that uh and but but
1:53:39
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 brother sent show by juggling DM Sean use his code but DM him and say we sent
1:53:54
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