Trump's market impact: Bitcoin, M&A, IPOs + transition picks; Polymarket CEO raided by FBI

**Jason Calacanis** (0:00)
Hey, everybody. Welcome back to the All-In Podcast with us again today. Yawning from Milan, your favorite, the chairman dictator, Chamath Palihapitiya. You look a little tired, my friend. How are you doing over there, buddy?

**Chamath Palihapitiya** (0:16)
I left Monday. I flew to Singapore. I was on the ground for two days, and I flew here. I'm here for two days, and then I go to London for five days. I'm exhausted.

**Jason Calacanis** (0:31)
You are on a world-wind tour.

**Chamath Palihapitiya** (0:33)
I mean, I'm flying around the world, literally flying around the world, moving west. Man.

**David Friedberg** (0:41)
Right.

**Chamath Palihapitiya** (0:42)
I'm tired.

**Jason Calacanis** (0:42)
This is all in service. I mean, at our age, you feel it. It hits differently when you pass 40 I'm assuming this is 80-90 business. You're out there selling. You're selling. You're selling grock. You're selling 80-90. You're out there doing BD.

**Chamath Palihapitiya** (0:59)
Little selling, little closing, and then speaking at the Oxford Union on Wednesday.

**Jason Calacanis** (1:04)
Okay. Well, that sounds fancy.

**Chamath Palihapitiya** (1:07)
Check in the bucket list.

**Jason Calacanis** (1:09)
Okay. There you have it. And in his camo hat and in his election afterglow.

**Unknown** (1:16)
Look at the glow.

**Jason Calacanis** (1:18)
He is in that afterglow. He is post-coitus here, post-election.

**David Sacks** (1:24)
Anybody got a cigarette? I need to light up a cigarette.

**Chamath Palihapitiya** (1:28)
Light up a cigarette.

**Unknown** (1:30)
That was a close one.

**Jason Calacanis** (1:31)
I didn't think I was going to make it, but you did.

**David Sacks** (1:33)
Do you like my camo hat, Jay Cal? This is a hat. Well, it says Trump Vans on it.

**Jason Calacanis** (1:38)
You look like Elmer Fudd. What does it say? You're hunting libs.

**David Sacks** (1:41)
Remember when Tim Waltz rolled out the camo hat, and you said it was going to win the election for Harris-Waltz?

**Jason Calacanis** (1:48)
It might. I thought that he might have a shot. Yes. I was wrong about that one.

**David Friedberg** (1:52)
Be bowie bowie quiet.

**David Sacks** (1:53)
We got all the camo guys. They voted for us.

**Jason Calacanis** (1:55)
They're hunting Wibblewools. Nobody's going to get this impersonation, but it's very good. It looks good on you.

**Chamath Palihapitiya** (2:01)
Is that Elmer Fudd?

**Jason Calacanis** (2:03)
That's Elmer Fudd. Be bowie bowie quiet. We're hunting Wibblewools.

**David Friedberg** (2:07)
That sounds like Mike Tyson.

**Jason Calacanis** (2:09)
Well, I'm going to mess up that Jake Paul.

**David Sacks** (2:13)
How about I wear a different trumpet every week for the next four years?

**Jason Calacanis** (2:16)
Absolutely fantastic. I mean, the ratings on the show. I mean, all I care about at this point, I'm getting savage in any way possible. All I care about is ratings now. Let's go.

**Chamath Palihapitiya** (2:28)
You're fine.

**Jason Calacanis** (2:29)
MAGA, get in the comments. Let's get these ratings up. And with us, of course, the CEO of Ohalo. Ohalo, David Friedberg. How are you doing, little buddy?

**David Friedberg** (2:42)
Thanks for having me again, Jay Cal. Thank you.

**Jason Calacanis** (2:44)
All right. Well, it's good to have you. It's good to be here. Yeah. How are you doing?

**David Friedberg** (2:48)
I'm chilling, man. You know, just-

**David Sacks** (2:50)
Nice to be the executive producer to have you on the show.

**David Friedberg** (2:53)
Yes.

**Jason Calacanis** (2:53)
I've been executive producing you here. Well, it's, you know, always, I'm always thinking about your best interests. I was hearing a little, I heard you on a phone call before you said you had a perfect body. What was that in reference to? Did you get a scan?

**David Friedberg** (3:06)
Yeah, she makes me go to the dermatologist where she examines your whole nude body to look for moles. So this morning, I went in early to the dermatologist. She examined it. She said, perfect.

**Chamath Palihapitiya** (3:17)
I said, Does she have to wear sunglasses because you're just so white? Like it just like it's blindingly white.

**David Friedberg** (3:23)
Poor woman.

**Jason Calacanis** (3:24)
Did she get hazard pay?

**Chamath Palihapitiya** (3:25)
The poor, that poor dermatologist, my god.

**David Friedberg** (3:28)
Actually, on her way out, she's like, she's like, thank you for the experience.

**Jason Calacanis** (3:31)
But this is why we need to, in all seriousness, this is why, Sacks, we have to legalize psychedelics. This poor woman has PTSD after that. We need to get her some.

**David Friedberg** (3:41)
Get out of here. It was a wonderful examination. She was thrilled.

**Jason Calacanis** (3:44)
I mean, okay. And of course, I'm Jason Calacanis. And, you know, there's been a lot of scuttlebutt, Sacks. I don't know if you know this, but comedy might still be legal here on the All-In Podcast, but there's been a lot of scuttlebutt, a lot of debate, a lot of energy, dare I say, around.