E21: Media misalignment, subjects controlling narratives & more with bestie guestie Draymond Green

E21: Media misalignment, subjects controlling narratives & more with bestie guestie Draymond Green

All-In with Chamath, Jason, Sacks & Friedberg

Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg https://twitter.com/Money23Green Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/MikeSylvan Referenced in the show: David Sacks on Tucker Carlson https://youtu.be/MukXS8uaVns Gell-Mann Amnesia https://www.epsilontheory.com/gell-mann-amnesia Show Notes: 0:00 Discussing Sacks' recent hit on Tucker Carlson 7:25 Media misalignment, subjects as sources, new age of journalism 25:53 Bold prediction for the future of media, potential All-In Network, mistrusting everyone except individuals 34:28 Bestie Guestie Draym
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Transcript

SpeakerA
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0m 2s

Where you'll be.

SpeakerB
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0m 6s

Firming.

SpeakerC
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0m 17s

I am recording. Testing. I am testing my recording. And here we, here we go in three, two.

SpeakerD
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0m 20s

Let your winners ride.

SpeakerC
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0m 27s

Rain Man David satisfied, and instead, we.

SpeakerD
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0m 28s

Open sources to the fans, and they've.

SpeakerB
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0m 30s

Just gone crazy with it.

SpeakerC
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1m 19s

Love you, wet ice queen of kin. Hey, everybody, it's the all in podcast wet your beak. Young Spielberg coming at you on a Friday morning afternoon drivetime, the number eleven podcast in the world. It's the all in podcast with the queen of Quinoa, David Friedberg. Rain man himself, with his hot new track from Young Spielberg. I am the Rain Man, David Sachs. And of course, wetting his beak, the absolute dictator. Wetting his beak with his merch. Merch. Game is strong. Chamath, polyhapa, tia. How's everybody doing on the backs of us becoming the number eleven podcast in the world?

SpeakerA
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1m 21s

Really good. Really?

SpeakerC
1m 21s
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1m 23s

Wow, look at that enthusiasm.

SpeakerA
1m 23s
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1m 34s

Really great. No, I think we had an intermittent saxophoo. Apparently, with all his beak wetting, he hasn't had time to pay the Internet bill.

SpeakerC
1m 35s
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1m 43s

You can go ahead and upgrade your DSL from 56. Think you can afford it? Okay, he's hit his bandwidth limit because.

SpeakerE
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1m 50s

He was watching himself on Tucker over and over again this morning. I do need to say this, that.

SpeakerA
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1m 57s

Yesterday we do have firsthand evidence that David Sachs, after appearing on Tucker Carlson, then spent the next hour watching himself.

SpeakerC
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2m 2s

Appear on Tucker Carlson, literally got up from the poker table.

SpeakerA
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2m 3s

My gosh.

SpeakerC
2m 3s
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2m 9s

Refused to play poker with his besties because he had to watch himself on replay less than six times on Tucker.

SpeakerA
2m 9s
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2m 10s

Oh, my gosh.

SpeakerE
2m 10s
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2m 15s

No, it must have been. Watched it 2030 times. No headphones. Just listening to the iPhone, looking at.

SpeakerC
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2m 26s

It, holding it up to his ear just so he doesn't miss a word. Optimizing his performance. What was it like to go on Fox News? Was this a dream for you, Sachs? Is this a bucket list?

SpeakerD
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2m 46s

See, Jason, this is why you're such a scumbag. Because I asked you guys, I said, hey, like Tucker shows inviting me on, should I go? And you guys are like, yeah, it'll be great for ratings for the pod. You should definitely do it. And then after I do it, the first thing you guys say when I walk in the room is, oh, my God, you went on Tucker.

SpeakerB
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2m 49s

How right wing are you?

SpeakerD
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2m 53s

Do you realize that all your deal flow just got canceled?

SpeakerA
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3m 5s

By the way, that was the funniest part. Jason had premeditated totally, basically getting you to appear on Tucker so as to impugn you and destroy you.

SpeakerD
3m 5s
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3m 8s

Jake, out goes, oh, I'm going to get all your deals now. Yum, yum.

SpeakerC
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3m 14s

All is fair when it comes to early stage deal flow.

SpeakerD
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3m 19s

Yeah. And then he starts tweeting. He's like the first one to show a photo of me split screen with Tucker.

SpeakerC
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3m 23s

I was waiting. I was literally watching it.

SpeakerE
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3m 25s

Time for the great Takedown.

SpeakerC
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3m 57s

Actually, in all seriousness, you did great. I think it was worth doing. And he framed it as, I don't know if people saw it. You can look up Tucker Carlson Bestie David Sachs. It'll come up number one. And he said you were essentially taking a very liberal, classic liberal point of view. So he basically set the stage for you to not be a far right wing nut case. You were actually defending liberal principles of people should have the ability to have freedom of speech.

SpeakerD
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5m 27s

Why don't you talk about what it was mean? So, so you're mean. He made the connection and the comparison to net Hentoff, who was like the famous ACLU free speech lawyer. And I really appreciated that because I do very much see myself in that mold of somebody like Hentoff. He wrote a book called Free Speech for me, but not for thee. Sort of a famous line, because everybody wants free speech for themselves and their allies, but they want to deny it to people. They disagree. You know, they never seem to realize that censorship is a problem until it gets turned against them. And so the point I made about these Reddit kids who are censored is that, look, there was some raunchy speech in their message board. We all know that. But it was no different than any trading floor, trading pit or boiler room on Wall street, right? It's the same kind of language, yet they were taken down and censored by discord for hate speech. Why? Because they became very threatening to powerful insiders. But how many of those Reddit kids saw it as a problem when Trump or his supporters or parlor got deplatformed a few weeks ago? They could never have imagined that that same censorship principle could ever get turned against. So we all have a blind spot towards censorship when we like the results. And Hentoff's point is always, look, it's not about the results. It's about who are you giving the power to censor to? And that's what you have to be.

SpeakerC
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Really careful of in relation to that. How delightful has it been to not have Trump on Twitter putting aside censorship, even for you as a Republican? Conservative, but liberal socially, I will note you're very liberal socially. You're live and let live pro LBGTQ, of course, but to not have Trump on Twitter has been. All that cognitive space has come back. We get it all back.

SpeakerD
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6m 2s

Silence is bliss.

SpeakerA
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What did you guys think about, what is her name? Marjorie blah blah blah green, who just got completely. What. What exactly happened?

SpeakerE
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Yes, Sax. Is that censorship?

SpeakerC
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Yeah. If you're a crazy loon who believes that QAnon was a false flag, what do we do there?

SpeakerD
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6m 34s

No, that's not censorship. It's just she got censured, I guess, because her colleagues thought she was out of line. That's okay. I mean, if her colleagues want to vote for that, that's fine.

SpeakerC
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6m 38s

So she can still say crazy stuff. She just can't do it and have this certain job.

SpeakerD
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7m 23s

Yeah. I mean, look, let's face it, when politicians say crazy stuff, it helps the other know. Marjorie Green or whatever, her censorship, who does that help? It helps the know, quite frankly. Does Trump being off Twitter, does that really help democrats? I don't think. Know, you could argue that Biden or that Trump is the one unifying opposition to Trump is the one unifying force in the democratic coalition. So the more Trump is out there, the more it bonds the democratic coalition together. So, yeah, I mean, censorship has this way of backfiring, and you can't just look at it in terms of narrow, short term political results.

SpeakerA
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8m 19s

Speaking of censorship, I want to get your take on something else. I think these last two weeks have been a complete sea change in venture capital. And let me give you the setup. It's all of a sudden seemed like there has been a decision that's been made where the ecosystem of companies will basically use their own platforms and their own mediums to completely control the narrative and the dissemination of information about them that the media, in the effort of company building, may have taken a big step back. I think the whole sort of thing on clubhouse was really interesting. I think this guy who just joined Andreessen Horowitz, who actually hosts a show on Clubhouse, is really interesting. I think there's some really interesting emerging managers who just have these incredibly different ways of.

SpeakerC
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Sri Ram is his name.

SpeakerA
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Sriram.

SpeakerC
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He's been hosting good times at ten or 11:00 p.m. Every night on Clubhouse. Mark Andreessen comes to it every night. And of course, Elon came, interviewed Vlad, and then last night, Zuckerberg showed up in order to get the blueprints for clubhouse, to then put it into Instagram and Facebook.

SpeakerA
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8m 47s

But what do you guys think of sort of, like, this entire sector of the economy basically trying to, I guess, organize an end around? I don't know, traditional media, it doesn't.

SpeakerE
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Seem like it's just venture, right? I mean, look at know. He avoided having the traditional press conference as the channel for dissemination of his point of view and communication of his objectives. And he went on Twitter every day and he just tweeted. And I think anyone who's been part of a business or an operation that's had to deal with media, gathering facts that you don't consider to be true, and you can't really counter their point. And then they publish, and it's static, and it's out there. You're frustrated. And in the world that we have today, which is many alternatives for going direct to our customer and going direct to our audience through social media and having control over that message, it's appealing to make the switch away from traditional pr and going to social. I mean, chamath, you don't put out press releases. You go on Twitter and you make a statement about what your intentions are, and you publish your one pagers. And I feel like everyone's trying to do this. And there's all this trend at big companies now, too, which is how do you develop a, quote unquote, social media presence? You can speak directly to your audience and your customers without having to go through the press.

SpeakerA
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10m 0s

I find it very hard to get the point across by going through traditional media. Right. It's not that it can't be done,

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