E114: Markets update: whipsaw macro picture, big tech, startup mass extinction event, VC reckoning

<p>(0:00) Bestie intro!</p> <p>(1:15) Macro picture update: 0.25% raise, jobs rip up, wage growth continues to slow</p> <p>(17:52) Interest rates impact on mega-cap company creation</p> <p>(33:58) Mass extinction event coming to startups, reckoning for VCs, venture debt issues</p> <p>(1:02:33) Adani's potential fraud, role of short sellers</p> <p>Follow the besties:</p> <p><a href= "https://twitter.com/chamath">https://twitter.com/chamath</a></p> <p><a href= "https://linktr.ee/calacanis">https://linktr.ee/calacanis</a></p> <p><a href= "https://twitter.com/DavidSacks">https://twitter.com/DavidSacks</a></p> <p><a href= "https://twitter.com/friedberg">https://twitter.com/friedberg</a></p> <p>Follow the pod:</p> <p><a href= "https://twitter.com/theallinpod">https://twitter.com/theallinpod</a></p> <p><a href= "https://linktr.ee/allinpodcast">https://linktr.ee/allinpodcast</a></p> <p>Intro Music Credit:</p> <p><a href="https://rb.gy/tppkzl">https://rb.gy/tppkzl</a></p> <p><a href= "https://twitter.com/yung_spielburg">https://twitter.com/yung_spielburg</a></p> <p>Intro Video Credit:</p> <p><a href= "https://twitter.com/TheZachEffect">https://twitter.com/TheZachEffect</a></p> <p>Referenced in the show:</p> <p><a href= "https://www.washingtonpost.com/business/2023/02/03/january-jobs-labor-market"> https://www.washingtonpost.com/business/2023/02/03/january-jobs-labor-market</a></p> <p> https://www.wsj.com/articles/fed-approves-quarter-point-rate-hike-signals-more-increaseslikely-11675278190</p> <p><a href= "https://fred.stlouisfed.org/series/CIVPART">https://fred.stlouisfed.org/series/CIVPART</a></p> <p><a href= "https://www.ustreasuryyieldcurve.com">https://www.ustreasuryyieldcurve.com</a></p> <p><a href= "https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661"> https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661</a></p> <p><a href= "https://chamathreads.substack.com/p/higher-rates-will-lead-to-the-next"> https://chamathreads.substack.com/p/higher-rates-will-lead-to-the-next</a></p> <p><a href= "https://www.google.com/finance/quote/META:NASDAQ">https://www.google.com/finance/quote/META:NASDAQ</a></p> <p><a href= "https://medium.com/@alt.cap/time-to-get-fit-an-open-letter-from-altimeter-to-mark-zuckerberg-and-the-meta-board-of-392d94e80a18"> https://medium.com/@alt.cap/time-to-get-fit-an-open-letter-from-altimeter-to-mark-zuckerberg-and-the-meta-board-of-392d94e80a18</a></p> <p><a href= "https://www.freightwaves.com/news/fedex-to-cut-global-officer-director-workforce-by-at-least-10"> https://www.freightwaves.com/news/fedex-to-cut-global-officer-director-workforce-by-at-least-10</a></p> <p><a href= "https://www.theverge.com/2023/1/27/23574322/zuckerberg-puts-metas-middle-managers-on-notice"> https://www.theverge.com/2023/1/27/23574322/zuckerberg-puts-metas-middle-managers-on-notice</a></p> <p><a href= "https://twitter.com/tomloverro/status/1620466827519496194">https://twitter.com/tomloverro/status/1620466827519496194</a></p> <p><a href= "https://twitter.com/msuster/status/1620653106387386368">https://twitter.com/msuster/status/1620653106387386368</a></p> <p><a href= "https://twitter.com/gradypb/status/1620937502248034304">https://twitter.com/gradypb/status/1620937502248034304</a></p> <p><a href= "https://www.axios.com/2023/02/01/david-cahn-leaves-coatue-for-sequoia-capital"> https://www.axios.com/2023/02/01/david-cahn-leaves-coatue-for-sequoia-capital</a></p> <p><a href= "https://www.google.com/finance/quote/ADANIENT:NSE?window=1Y">https://www.google.com/finance/quote/ADANIENT:NSE?window=1Y</a></p> <p><a href= "https://hindenburgresearch.com/adani">https://hindenburgresearch.com/adani</a></p> <p><a href= "https://www.bloomberg.com/news/articles/2023-01-30/most-adani-stocks-drop-as-rebuttal-draws-hindenburg-response"> https://www.bloomberg.com/news/articles/2023-01-30/most-adani-stocks-drop-as-rebuttal-draws-hindenburg-response</a></p> <p><a href= "https://www.sec.gov/rules/proposed/2022/34-94313.pdf">https://www.sec.gov/rules/proposed/2022/34-94313.pdf</a></p> <p><a href= "https://www.theatlantic.com/magazine/archive/2023/03/wall-street-muddy-waters-activist-short-sellers-tesla-gamestop/672774"> https://www.theatlantic.com/magazine/archive/2023/03/wall-street-muddy-waters-activist-short-sellers-tesla-gamestop/672774</a></p>