E113: DOJ tries to break up Google, vaccine questions, Ukraine escalation & more

**Chamath Palihapitiya** (0:00)
Sacks, how much heat and momentum has Nikki Haley gotten this week?

**David Sacks** (0:03)
Oh my God. Stop trying to make Nikki Haley happen. Fetch is not happening. Stop trying to make Fetch happen.

**Jason Calacanis** (0:08)
Stop trying to make Fetch happen.

**Chamath Palihapitiya** (0:10)
It's happening.

**Jason Calacanis** (0:11)
Is it happening because it's Chamath?

**Chamath Palihapitiya** (0:14)
This is like my long Google short Facebook spread trade of last year.

**Jason Calacanis** (0:17)
It's so great.

**Chamath Palihapitiya** (0:18)
It's happening.

**David Sacks** (0:19)
Fetch is not happening, okay?

**Jason Calacanis** (0:57)
Thanks for watching! Just as a programming note, we did a Twitter survey and you selected Sacks as the person you wanted to moderate the pod most next. So welcome to Fox News Sunday, and here's your host, David Sacks.

**Chamath Palihapitiya** (0:59)
You're really chafed about this, aren't you, J Cal? No, I'm excited for it. I'm so excited. Just to save a keyboard warrior of the time, I will never ever, ever moderate this thing.
So I'm here to talk.

**David Sacks** (1:08)
All right, three, two. Welcome to the All-In Pod. I am your host, the Rain Man, David Sacks. The famous doomsday clock that atomic scientists used to measure the threat of nuclear annihilation has never been closer to midnight, not even during the Cold War. But since the best, he's think it's more important to discuss their stock portfolios. We're going to save Ukraine for later in the show. Priorities, right, gentlemen? And why not? Who says you can't take it with you? The dictator, Chamath Palihapitiya, is planning to be entombed with his money like an Egyptian pharaoh and with his sweaters too, even though it certainly won't be cold where he's going.
And of course, he'll throw in the world's greatest moderator, Jason Calcanis, in the tomb to be his servant in the afterlife. It's the role J Cal's been preparing for all his life by sucking up to every tech founder in VC he can get in a room with.
I give better odds to the Sultan of Science, David Friedberg. He's just paranoid enough to survive with me in the bunker, even though he still won't be questioning the Davos elites that got us here.

**Jason Calacanis** (2:06)
How much did that intro cost?

**David Sacks** (2:16)
I'm laughing. I don't know.

**Jason Calacanis** (2:17)
I'm laughing with you or at you. It's good.

**Chamath Palihapitiya** (2:21)
The funniest part was when you almost read aloud, it's like you were like, and then David Friedberg insert pause here.

**David Sacks** (2:30)
Reading the notes. It's an intro.

**David Friedberg** (2:32)
I'm so glad we do an unscripted show.

**David Sacks** (2:36)
Friedberg, I remember when you did the intro.

**David Friedberg** (2:38)
Come on. Did I read?

**David Sacks** (2:39)
Actually, didn't we cut it? Yeah, you read and then you cut it. You hated it and then we made you put it back in or something like that.

**Jason Calacanis** (2:45)
All I have to say Chamath is job security is here. All right.

**David Sacks** (2:49)
Issue one.

**Jason Calacanis** (2:50)
Issue one.

**David Sacks** (2:51)
Google breakup. The Just Department and eight states are now seeking to break up Google's business brokering digital advertising across the Internet.
This is one of the most important legal challenges the companies ever faced. They filed a lawsuit on Tuesday. The Just Department did alleging that Google abuses its role as one of the largest broker suppliers and online auctioneers of ads placed on websites and mobile applications. The filing promises a protracted court battle with huge implications for the digital advertising industry. Of course, Google responded to the lawsuit in a blog post saying that the DOJ's request for it to unwind two previous acquisitions from a decade ago is an attempt to rewrite history.
They said the DOJ mischaracterizes how its advertising products work. They say that people choose to use Google because they're effective and the company highlights other companies making moves in the advertising industry as well, such as Microsoft, Amazon, Apple, and TikTok. So I guess I'll kick it to you, Chamath, do you think the DOJ has a case here?
Do you believe that Google has a monopoly in online advertising and is unfairly using it to gain market share? And is this the right remedy, breaking up the company?

**Chamath Palihapitiya** (4:02)
Yeah, I think that this is a totally ill founded lawsuit and I think it just shows more of the personal enmity and anger that some people in the US government has towards entrepreneurs and entrepreneurship than anything else. Now why is that?
Let's just think about what a monopoly is. A monopoly or a monopolist effectively creates a completely stagnant non-vibrant market in which they have pricing power and complete control.