E132: SEC goes after crypto giants, Sequoia splits, LIV/PGA, Messi's deal + LIVE Q&A!

**David Friedberg** (0:00)
Hey, everybody, welcome to the All In Podcast. I'm your moderator for the week, Dave Friedberg, not the world's greatest moderator. This show is gonna be a bit of a shortened version.
At the back end of the pod today, we actually are gonna show some Q&A from Jason's launch summit, which he held in Napa Valley this week. Great event, thanks for having us up there, Jay Cal.
Great speakers, great content, and we did a live Q&A for the All In pod with the audience there, which we'll transition to about halfway through the show today. Jay Cal, thanks for your hospitality. Oh, yeah, thanks for coming. Thanks for throwing the fun birthday party, the poker night, we had a great time.

**David Sacks** (0:42)
I still don't know what I was doing there.

**Jason Calacanis** (0:43)
You were meeting some of your LPs who you'd never met before.

**David Sacks** (0:46)
It was like a dog and pony show. Jay Cal was using us as some sort of dog and pony show to raise money.

**David Friedberg** (0:51)
Sacks, did you really have LPs there that you had never met?

**David Sacks** (0:54)
No.

**Jason Calacanis** (0:55)
Yes.

**David Sacks** (0:56)
Hold on a second, I had one LP there who I have definitely met many times before.

**Jason Calacanis** (1:00)
She told us she'd never met you. She wanted an introduction.
So maybe she's getting into the spirit of all in and joking with you, but you had a three hour meeting with one of your LPs.

**David Sacks** (1:07)
I heard.

**Jason Calacanis** (1:08)
She talked about it the next day. She said she had like two or three hours with you.

**David Friedberg** (1:11)
Chamath, are you with us today? What's going on?

**Jason Calacanis** (1:12)
You there, buddy? Chamath was very drunk, by the way. He brought up his own wine. He started margaritas at two o'clock.

**David Friedberg** (1:17)
He was drunk by the time we got there.

**Jason Calacanis** (1:19)
What?

**David Friedberg** (1:19)
He showed up at like two in the afternoon. He was day drinking margaritas in the sun.
And then we showed up and he was like falling asleep by the time we were done with the stage session.

**Chamath Palihapitiya** (1:27)
I love you guys. Yeah.
I'm here.
You know, by the way, politics is one of these incredible things where you see the meanest people come out of the woodwork when you even feign support for somebody that they don't support. Now that it's out there that Sacks and I are doing this fundraiser for RFK. Oh yeah. If you look at Twitter, some of like the democratic surrogates are out just smacking me and Sacks around. And it's incredible because these people are like the biggest imposter loser clowns.
They've never literally done anything in their whole life. And then they show up and then they just like, how dare you work and help build a company? How dare you help build another company? How dare you help now fund other companies? I am a talking mouthpiece who's never done anything except work in one administration as a speech writer. And now I think you guys suck balls. It's like, give me a break.

**David Friedberg** (2:47)
So are you a little kind of emotional about that today?

**Chamath Palihapitiya** (2:50)
I actually, I love critiques actually, cause I think like you can learn a lot from critiques, but then when mids just spew, I just get annoyed. I think mids should not be allowed to talk.

**David Friedberg** (3:02)
Yeah.

**Chamath Palihapitiya** (3:03)
Well- That's just my thought.

**Jason Calacanis** (3:04)
There goes half the internet.

**David Friedberg** (3:05)
Sacks, are your Republican cohort friends upset about you hosting a fundraiser for RFK?

**David Sacks** (3:12)
I've gotten none of that.

**David Friedberg** (3:14)
None of that.

**Jason Calacanis** (3:15)
That's interesting. What's your take on that?

**David Friedberg** (3:17)
Yeah, do Republicans generally think that it's a good thing if RFK Jr. gets the Democratic nomination because he will be easily beatable?

**David Sacks** (3:24)
I don't think they're thinking that way. I think that there's a respect for RFK Jr. among many Republicans, because he's speaking out on issues that they care about. Like I've talked about, he's denouncing censorship, he's in favor of free speech, he's in favor of civil liberties, and not this massive surveillance state, he's speaking out in favor of peace instead of war. He's speaking out on the border. He had this amazing video.

**Jason Calacanis** (3:49)
That was great.

**David Sacks** (3:50)
A couple of days ago where he went to the border in Yuma, Arizona at 2 a.m. in the morning. At 2 a.m. in the morning, yeah. And he shows where the border wall ends.