E66: $FB's major pullback, Rogan/Spotify mess, Xi/Putin meetup and understanding supply chain issues with Bestie Guestie Ryan Petersen (Flexport CEO)

**Jason Calacanis** (0:00)
The fact that Sacks' greatest moment in life was beating Peter Thiel in a multi-game chess. You ever see that picture of him with his arms raised, and Sacks can't believe he beat Peter Thiel. I mean, tell us about that moment.

**Chamath Palihapitiya** (0:13)
Nick, show that picture of Sacks. I mean, listen, here's what I say. When I saw that picture, I had a couple of thoughts. Number one, I've seen this picture somewhere else.
And then number two is, oh, my God, it was on NBC's To Catch a Predator.

**Jason Calacanis** (0:29)
I mean, I have never seen Sacks happier. I like the birth of his children.
In comparison to this moment.

**David Sacks** (0:36)
I'll tell you, that was the day of PayPal's IPO. And so we did a party in the, it was like a keg party in the parking lot. That was the extent of the celebration. And Peter did a 10-game simultaneous, which means he's playing against 10 people at the same time. And he goes board to board and makes his move. And I was the only one out of the 10 that beat him.
And somebody, I guess, I had put money down, I had put money down. I put like 20 bucks down or something on the game, which is a foolish thing to do against Peter because he's like a chess master.
And somehow I won and you can see I've got the money in my hands raised up.

**Jason Calacanis** (1:10)
Look at the look on Peter Thiel's face.

**David Sacks** (1:12)
He hates losing.

**Jason Calacanis** (1:13)
Look at the look on Peter. I mean, he's so angry. And he, but he sees the joy in your face and he can't process it.

**David Sacks** (1:21)
And look at Max, Max is to my right and roll off to my left and they're so happy.

**Jason Calacanis** (1:26)
Yeah, pure joy.

**David Sacks** (1:27)
Yeah. But this was a few seconds before Peter smashed all the pieces off the board.
And what?

**Jason Calacanis** (1:34)
Yeah, he flipped the board.

**David Sacks** (1:35)
He always does that when he loses. And his motto is when you call him a sore loser, he says, show me a good loser and I'll show you a loser.

**Jason Calacanis** (1:43)
Wow, such a great line. But I just want to also comment on the pleats on Sacks's pants and how high that waist is.

**Chamath Palihapitiya** (1:53)
And the cell phone holster.

**Ryan Petersen** (1:56)
Is that a Blackberry?

**David Sacks** (1:58)
It's a Blackberry, it's pretty iPhone, guys. This is like, I mean, this is like the 90s fashion.

**Chamath Palihapitiya** (2:03)
The gift that keeps on giving.

**Jason Calacanis** (2:05)
I do have to say, Roloff's hair game, I mean, strong hair.

**Chamath Palihapitiya** (2:09)
Roloff's always had incredible hair. His hair is incredibly thick.

**Jason Calacanis** (2:11)
Great hair to this day.

**Chamath Palihapitiya** (2:12)
He's incredibly thick. Yeah, it's still thick.

**Jason Calacanis** (2:32)
All right, everybody, welcome to another episode of the All-In Podcast. With us again today, the dictator Chamath Palihapitiya, Rain Man, David Sacks, and the Sultan of Science, formerly known as the Queen of Quinoa.
He's out of that business.
David Friedberg, we got a lot on the agenda. However, one thing that we've had a hard time figuring out is the state of the supply chain.
And it's confounding. It seems like nobody knows what the hell they're doing. But there's one guy who's been on Twitter, and we happen to know him. He's been on my pod, and Friedberg knows him. And his name is Ryan Petersen. And he's a bit of an expert on this. And we thought we'd have a Bestie Guestie come on. We don't do this too often. Maybe this is a third or fourth Bestie Guestie. And welcome to the pod, Ryan Petersen from Flexport.

**Ryan Petersen** (3:28)
What's up, guys?

**Chamath Palihapitiya** (3:30)
What's up, Ryan?

**Ryan Petersen** (3:31)
Ryan, did you tell Olivia you were doing the show today?
No, I didn't tell her. So she's a huge fan. Oh, don't tell her. Where is she right now? Is she like not there?
She was in the room next door, but I told her, leave me alone. I'm doing a podcast. She doesn't know which one.

**Jason Calacanis** (3:44)
That's fantastic. She's a super fan.

**Ryan Petersen** (3:46)
She's a very big fan. She's literally wearing the wet your beaks hoodie right now. It's awesome.

**Jason Calacanis** (3:49)
Fantastic.

**Ryan Petersen** (3:50)
By coincidence, she doesn't know I'm on the show.

**Jason Calacanis** (3:52)
Fantastic.

**Ryan Petersen** (3:53)
So what you're not going to tell her, right? She's just going to watch the next show and you're going to be on it?