E80: Recession deep dive: VC psychology, macro risks, Tiger Global, predictions and more

**Jason Calacanis** (0:00)
When are you coming to Miami?

**David Sacks** (0:01)
Are you there already?

**Jason Calacanis** (0:02)
I'm here. I just got here.

**David Sacks** (0:04)
Oh, cool.

**Jason Calacanis** (0:04)
Come tomorrow.

**David Sacks** (0:06)
I mean, you get a ride on someone else's plane. Mine's been repossessed.
Who can give me a ride?

**Chamath Palihapitiya** (0:13)
I'll have mine for at least another couple of weeks.

**Jason Calacanis** (0:16)
I love fly commercial. You know why I love fly commercial?
Every fan of All-In and This Week in Starup stops me and takes a selfie. I cannot tell you the love in Miami. I sat down to have a meal outside.

**Chamath Palihapitiya** (0:27)
Were you by yourself?

**Jason Calacanis** (0:29)
I was by myself. It's 1130 I was like, hey, everything's closed. There was this one little place that's open.
I kid you not. I sit down. Two guys come over. We love the pod. I'm trying to eat my meal.
They're asking me questions and they want to know where's Friedberg's introduction.
I'm like, it's so bad. Well, I showed them the video and they were in stitches. I was like, guys, there's only like five people have seen this video, and now it's you too. So there's seven people. They were so over the moon.

**David Sacks** (0:57)
We should never have cut that.

**Jason Calacanis** (0:58)
Well, we could play it now.

**David Sacks** (0:59)
It was good.

**David Friedberg** (1:00)
Thank you.

**Jason Calacanis** (1:00)
It was incredible. I say we just we just throw to it right now.
Is that a good plan? Maybe.

**David Friedberg** (1:06)
And here we go.

**Jason Calacanis** (1:07)
In three, two.

**Chamath Palihapitiya** (1:09)
This is like the nerd Olympics for Friedberg. He's like nerd stretching.

**Jason Calacanis** (1:13)
He's having a nerd freak out right now.

**David Friedberg** (1:16)
You know what I'm most excited about that? I don't have to listen to Jason's interest.

**Chamath Palihapitiya** (1:19)
Oh, my God. You're on like nerd roll. That's like nerd adderall.

**Jason Calacanis** (1:23)
Take it easy, dungeon master. This guy hasn't been so happy since he rolled a 30 on the 30 side and died.

**Chamath Palihapitiya** (1:30)
Jesus.

**Jason Calacanis** (1:32)
I've got a plus 7 brawl sword.

**David Friedberg** (1:35)
Oh, from Dungeons. I've never played. Oh, really?

**Jason Calacanis** (1:37)
You were playing League of Legends? Okay.
I'm going to just apologize and advance to the audience.

**David Friedberg** (1:43)
Okay, here we go. No interruptions, please. Thank you.
In the voice of J Cal. Hold on.

**David Sacks** (1:49)
Is there a frog in your throat? What's going on there?

**David Friedberg** (1:57)
He's super loud and has nothing to say, but we keep him around because he has a producer we don't have to pay.
One good investment in his 30 year career, but he wrote a book about it and tells all the VCs to kiss his rear. He's one of a kind, will always come to your rescue when you're in a bind. He calls himself Mr. Calacanis, but we all just call him an anus. Jason Calacanis, everyone. Jason, welcome to the show.

**Jason Calacanis** (2:20)
Great to be here. Great to be here.

**Chamath Palihapitiya** (2:21)
Thanks for the kind intro.

**David Friedberg** (2:22)
Good to have you.
His words are incendiary and divisive, but only if you identify as a gender fluid progressive. Otherwise to you, he's a scholarly god fighting the great war against the rise of the woke mob. PayPal, it's the 17th most important guy from PayPal. He's back with the same political speaking tracks, the one and only Mr. David Sacks. David, welcome to the show.

**David Sacks** (2:44)
Thank you. Thank you. I think we need to work on some of your rhymes.

**Jason Calacanis** (2:47)
Yeah, we might need to tighten that up, but workshop it.

**David Friedberg** (2:49)
Yeah.

**Jason Calacanis** (2:51)
Keep going, maybe it gets better.

**David Friedberg** (2:52)
He contradicts himself twice a week, but we're still in Ratchert because his make sweaters are so sleek. His monologues last most of the show, but he never talks anymore about IPO 2.0. As he'll tell you over and over, he drinks the world's greatest wine, but commenting on other topics is a bit below his line. He's Silicon Valley's most renowned dictator, our friend, the verbal masturbator, Chamath Palihapitiya. Chamath, welcome to the show.
Great to have you here.

**David Sacks** (3:20)
Wow, that was brutal.

**David Friedberg** (3:21)
God. Oh, I'm not done.
We're an increasingly notorious whack pack, litigated by David Sacks, emceed by an investor hack and soon to be canceled because of the performance of Chamath's latest back. We are the All-In Pod and you'll never get this 90 minutes back. I'm the Sultan of Science with an IQ of 103 I'm taking the throne as this podcast's new emcee. Thank you, everyone. I'm going to have to... Man, I don't want to read the YouTube comments on this one. All right, we'll scrap it.