E133: Market melt-up, IPO update, AI startups overheat, Reddit revolts & more with Brad Gerstner

<p>(0:00) Bestie intros: Chamath flies public + Poker recap</p> <p>(8:12) FED pauses hikes momentarily, IPO window status, state of the market</p> <p>(25:10) Film, cold plunge, and sauna talk</p> <p>(33:25) AI's impact on tech and growth stocks surging, Google's position, AI's "$20T question"</p> <p>(50:27) Jay Trading beating the market, how Brad formulates and sizes public bets, how GPs should handle distributions, CalPERS mistakes</p> <p>(1:04:22) Reddit moderators in revolt and how this issue might reshape the future of social apps</p> <p>(1:15:11) Funding landscape for AI startups is overheating: Mistral's $100M+ Seed round, importance of constraints, and more</p> <p>(1:44:17) Science corner: Understanding the Bill Gates-funded mosquito project in Colombia</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> <a href= "https://twitter.com/altcap">https://twitter.com/altcap</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.cnbc.com/2023/06/14/fed-rate-decision-june-2023.html">https://www.cnbc.com/2023/06/14/fed-rate-decision-june-2023.html</a></p> <p><a href= "https://fred.stlouisfed.org/series/FEDFUNDS">https://fred.stlouisfed.org/series/FEDFUNDS</a></p> <p><a href= "https://www.reuters.com/markets/deals/intel-talks-be-anchor-investor-arm-ipo-source-2023-06-13"> https://www.reuters.com/markets/deals/intel-talks-be-anchor-investor-arm-ipo-source-2023-06-13</a></p> <p><a href= "https://www.reuters.com/markets/deals/softbanks-arm-registers-blockbuster-us-ipo-sources-2023-04-29"> https://www.reuters.com/markets/deals/softbanks-arm-registers-blockbuster-us-ipo-sources-2023-04-29</a></p> <p><a href= "https://nvidianews.nvidia.com/news/nvidia-to-acquire-arm-for-40-billion-creating-worlds-premier-computing-company-for-the-age-of-ai"> https://nvidianews.nvidia.com/news/nvidia-to-acquire-arm-for-40-billion-creating-worlds-premier-computing-company-for-the-age-of-ai</a></p> <p><a href= "https://www.bloomberg.com/news/articles/2023-06-13/databricks-hits-1-billion-in-annual-sales-while-adding-data-warehouse-tool"> https://www.bloomberg.com/news/articles/2023-06-13/databricks-hits-1-billion-in-annual-sales-while-adding-data-warehouse-tool</a></p> <p><a href= "https://www.gamesindustry.biz/nvidias-acquisition-of-arm-cancelled-due-to-significant-regulatory-challenges"> https://www.gamesindustry.biz/nvidias-acquisition-of-arm-cancelled-due-to-significant-regulatory-challenges</a></p> <p><a href= "https://bard.google.com">https://bard.google.com</a></p> <p><a href= "https://coda.io/@presh-dineshkumar/jay-trading">https://coda.io/@presh-dineshkumar/jay-trading</a></p> <p><a href= "https://www.ft.com/content/86b49e10-3dd2-4427-b70b-993bad47b061">https://www.ft.com/content/86b49e10-3dd2-4427-b70b-993bad47b061</a></p> <p><a href= "https://www.cnbc.com/2023/06/14/calpers-to-increase-venture-capital-investments-despite-tech-turmoil.html"> https://www.cnbc.com/2023/06/14/calpers-to-increase-venture-capital-investments-despite-tech-turmoil.html</a></p> <p><a href= "https://www.theverge.com/2023/6/12/23755974/reddit-subreddits-going-dark-private-protest-api-changes"> https://www.theverge.com/2023/6/12/23755974/reddit-subreddits-going-dark-private-protest-api-changes</a></p> <p><a href= "https://reddark.untone.uk">https://reddark.untone.uk</a></p> <p><a href= "https://www.nytimes.com/2023/04/18/technology/reddit-ai-openai-google.html"> https://www.nytimes.com/2023/04/18/technology/reddit-ai-openai-google.html</a></p> <p><a href= "https://www.bbc.com/news/technology-20554441">https://www.bbc.com/news/technology-20554441</a></p> <p><a href= "https://digiday.com/media/twitters-third-party-app-problem">https://digiday.com/media/twitters-third-party-app-problem</a></p> <p><a href= "https://www.wired.com/2015/07/reddit-ceo-ellen-pao-steps-down-huffman-replacement"> https://www.wired.com/2015/07/reddit-ceo-ellen-pao-steps-down-huffman-replacement</a></p> <p><a href= "https://www.platformer.news/p/meta-is-building-a-decentralized">https://www.platformer.news/p/meta-is-building-a-decentralized</a></p> <p><a href= "https://www.ft.com/content/cf939ea4-d96c-4908-896a-48a74381f251">https://www.ft.com/content/cf939ea4-d96c-4908-896a-48a74381f251</a></p> <p><a href= "https://twitter.com/natfriedman/status/1668650915505803266">https://twitter.com/natfriedman/status/1668650915505803266</a></p> <p><a href= "https://www.kickstarter.com/projects/1523379957/oculus-rift-step-into-the-game"> https://www.kickstarter.com/projects/1523379957/oculus-rift-step-into-the-game</a></p> <p><a href= "https://openai.com/blog/function-calling-and-other-api-updates">https://openai.com/blog/function-calling-and-other-api-updates</a></p> <p><a href= "https://twitter.com/RobertKennedyJr/status/1667616444996104196">https://twitter.com/RobertKennedyJr/status/1667616444996104196</a></p> <p><a href= "https://www.womenshealthnetwork.com/hormonal-imbalance/sunscreen-ingredients-that-mess-with-your-hormones"> https://www.womenshealthnetwork.com/hormonal-imbalance/sunscreen-ingredients-that-mess-with-your-hormones</a></p> <p> </p>