E19: Breaking down Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?

<p>Follow the crew:</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/MikeSylvan">https://twitter.com/MikeSylvan</a></p> <p>Referenced in the show:</p> <p>David Sacks on Bloomberg</p> <p><a href= "https://www.youtube.com/watch?v=K2lJg4sxl2U">https://www.youtube.com/watch?v=K2lJg4sxl2U</a></p> <p>Chamath for Governor</p> <p><a href= "https://www.chamathforca.com">https://www.chamathforca.com</a></p> <p>DeepFuckingValue's Reddit page</p> <p><a href= "https://www.reddit.com/user/DeepFuckingValue">https://www.reddit.com/user/DeepFuckingValue</a></p> <p>Show Notes:</p> <p>0:26 Besties intro</p> <p>2:11 Chamath breaks down the entire WallStreetBets/GameStop saga</p> <p>15:38 Jason responds, debating Robinhood's liquidity crisis, Citadel's potential involvement & more</p> <p>39:18 How can this be prevented in the future? Restructuring capital gains tax, censorship, where Robinhood can go from here</p> <p>53:02 Major learnings from this week's events, risks of decentralization, do stocks need to be reflexive of the underlying business? GameStop's endgame</p> <p>1:15:01 Chamath for Governor of California, Friedberg on leaders vs. managers & the problem with career politicians</p>