E102: Elon closes Twitter deal, $META uncertainty, Zuck's historic bet, big tech decline & more

**David Sacks** (0:00)
My stance really took over the comment board.

**Jason Calacanis** (0:02)
Yeah, Sacks, how was your week off when you gave up on the pod for a week, and then did four media appearances for 90 minutes each on other pods. You did six hours of pod. You took off from this pod to give your ratings to Megan Kelly and Dave Rubin.

**David Sacks** (0:17)
Yeah, I did a 45-minute hit with Dave Rubin on Ukraine. So be sure to check that out. Megan Kelly, Friedberg and I did that the week before. Surprisingly, she didn't invite you back.

**Jason Calacanis** (0:31)
Yeah, I don't know what could have happened. It was so great.

**David Friedberg** (0:34)
It was so great.

**Jason Calacanis** (0:35)
That was awesome. I love Megan Kelly.

**David Sacks** (0:37)
Didn't she call you a prick?

**Jason Calacanis** (0:38)
Yeah, she did. She only knew me for 45 minutes. Usually that takes like three or four days.
She just got right to it.

**David Friedberg** (1:01)
Sacks, we have not had such negative panning comments on YouTube since J Cal got brigadooned for his pro-Ukraine rhetoric a few weeks ago.

**Jason Calacanis** (1:11)
Now I'm getting brigadooned for Sacks not showing up. I get brigadooned for asking him a question, then I get brigadooned from him not showing up.

**David Friedberg** (1:18)
I don't know.

**Chamath Palihapitiya** (1:19)
When will you guys realize that there are three to five million people a week that listen to this podcast, a hundred nitwits who comment on YouTube, they're neither right nor wrong. They should just be completely ignored.

**Jason Calacanis** (1:33)
Turn the comments off.

**Chamath Palihapitiya** (1:33)
The only thing that matters are the ratings. If you care about that at all, and last week was one of the best rated shows we've ever done.

**Jason Calacanis** (1:40)
I think it was highest rated after Elon's episode.

**Chamath Palihapitiya** (1:43)
It would have been even better with David. So we should brigadoon the brigadooners.
Those nitwits should be ignored.

**David Sacks** (1:50)
I think this is a little bit like a band where like you can't mess with the chemistry of the band.

**Jason Calacanis** (1:55)
And that's the lesson.

**David Sacks** (1:57)
Even though there's a lot of infighting in the band, like, it just works.

**Chamath Palihapitiya** (2:01)
It works.

**David Sacks** (2:02)
And so you don't want to second guess it too much.

**Jason Calacanis** (2:04)
Well, and then if somebody from the band gets sick and somebody sits in, even if it's like you get some incredible guitar player sit in, people are like, that's not the guitar player who I have the t shirt of. I need my guitar player back.
Anyway, well, I'm just glad Ringo showed up 22 minutes late. Welcome back, Friedberg. Let's get started. Sorry.
I don't mean to fuck with the band. I'm not going to fuck with the band.

**Chamath Palihapitiya** (2:28)
Ringo was an underrated drummer.

**Jason Calacanis** (2:30)
A drummer.

**Chamath Palihapitiya** (2:31)
Friedberg, you have a role here.

**Jason Calacanis** (2:34)
That's amazing.

**David Sacks** (2:35)
I think you're more like the drummer, Jacob. You know, maybe bass, maybe bass player.

**Jason Calacanis** (2:40)
You know, I'm John Lennon.

**Chamath Palihapitiya** (2:41)
George Harrison, George Harrison.

**Jason Calacanis** (2:43)
Actually, George Harrison, very underrated. But, you know, I'm pretty clear.

**Chamath Palihapitiya** (2:46)
Have you guys ever heard the version of Blackbird that Paul Picardini did just with the ukulele?

**Jason Calacanis** (2:53)
No, I'd like to hear that.

**Chamath Palihapitiya** (2:54)
Maybe one of the best songs ever recorded. One of the best records I've ever heard.

**Jason Calacanis** (2:58)
Fantastic.

**Chamath Palihapitiya** (2:58)
Incredible.

**Jason Calacanis** (3:00)
All right, listen, there's so much to start with, but I think...

**David Friedberg** (3:13)
Sacks, were you at a building on Market Street yesterday by any chance?

**Jason Calacanis** (3:17)
No fly zone.

**David Sacks** (3:18)
The homeless shelter?

**Jason Calacanis** (3:19)
I think you're talking about an abandoned homeless shelter.

**Chamath Palihapitiya** (3:25)
Friedberg, I think it's fair to say that there will be a lot of people that we know that will go and help make Market Street better. Make Market Street great again.

**Jason Calacanis** (3:37)
Make Market Street great again.

**Chamath Palihapitiya** (3:38)
Absolutely.

**Jason Calacanis** (3:39)
Absolutely. I'm looking forward to some tofu salads and meditation. Namaste.
Literally, I think 8,000 square feet is meditation rooms that haven't been used in five years.

**Chamath Palihapitiya** (3:50)
Quite honestly, though, like on the other side of this, I would say Parag Agrawal does deserve a statue for shareholder value creation.
What 54.2 a share, which by the way, we said was going to happen and it did happen, was ginormous in this market. And I just want to see the look on that barista's face when they're warming up the oat milk, when a band of very, very tough knuckled company builders walks through that door.