E43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more

<p>Show Notes:</p> <p>0:00 Big week for the besties: Friedberg's new raise, Sacks' new fund & more</p> <p>16:30 Innovative venture strategies: internal mark ups, venture studios, deployment strategies</p> <p>30:44 Zymergen's implosion: role of diligence, how to make deep tech sustainable, finding frauds</p> <p>43:26 How personal risk impacts decision making on a grand scale, narratives and fundraising</p> <p>59:12 Chamath & Jason share Theranos stories, Jason calling out frauds</p> <p>1:07:36 Financial deplatforming, Square acquires Afterpay, Square's savvy move, fintech's future, Jack Dorsey's unique position of power</p> <p>1:28:05 New Yung Spielburg banger: "Friedberg Index"</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>CNBC - Early Google exec got Larry Page's backing to build a start-up factory focused on saving the planet</p> <p><a href= "https://www.cnbc.com/2021/07/30/david-friedbergs-alphabet-backed-production-board-raised-300-million.html"> https://www.cnbc.com/2021/07/30/david-friedbergs-alphabet-backed-production-board-raised-300-million.html</a></p> <p>Medium - Announcing Craft III: $1.1 Billion for SaaS and Marketplaces</p> <p><a href= "https://medium.com/craft-ventures/announcing-craft-iii-1-1-billion-for-saas-and-marketplaces-c3c34448db17"> https://medium.com/craft-ventures/announcing-craft-iii-1-1-billion-for-saas-and-marketplaces-c3c34448db17</a></p> <p>CNBC - Synthetic biology company Zymergen plunges 68% after saying product revenue will be 'immaterial' in 2022, removing CEO</p> <p><a href= "https://www.cnbc.com/2021/08/03/zymergen-zy-plunges-68percent-on-forecast-for-immaterial-revenue-in-2022.html"> https://www.cnbc.com/2021/08/03/zymergen-zy-plunges-68percent-on-forecast-for-immaterial-revenue-in-2022.html</a></p> <p>Zymergen - Zymergen Provides Business Update</p> <p><a href= "https://www.globenewswire.com/news-release/2021/08/03/2274125/0/en/Zymergen-Provides-Business-Update.html"> https://www.globenewswire.com/news-release/2021/08/03/2274125/0/en/Zymergen-Provides-Business-Update.html</a></p> <p>Reuters - U.S. charges Nikola founder Trevor Milton with lying to investors</p> <p><a href= "https://www.reuters.com/business/autos-transportation/us-charges-nikola-founder-trevor-milton-with-lying-investors-2021-07-29"> https://www.reuters.com/business/autos-transportation/us-charges-nikola-founder-trevor-milton-with-lying-investors-2021-07-29</a></p> <p>CNBC - Square to buy Australia's Afterpay in $29 billion deal as 'buy now, pay later' trend takes off</p> <p><a href= "https://www.cnbc.com/2021/08/02/square-to-buy-australia-fintech-afterpay-amid-buy-now-pay-later-trend.html"> https://www.cnbc.com/2021/08/02/square-to-buy-australia-fintech-afterpay-amid-buy-now-pay-later-trend.html</a></p>