E62: Elizabeth Holmes verdict, fraud origins & takeaways, navigating "The Great Markdown" & more

<p>0:00 Bestie intro and poker recap</p> <p>3:14 Elizabeth Holmes verdict, origins of the fraud, breakdown of the Theranos promise</p> <p>17:51 Lessons for founders and investors from the Theranos debacle, bad behavior a sign of the top</p> <p>26:09 Implications of "The Great Markdown" on public and private markets, confusing FED decisions</p> <p>45:56 Advice for founders on navigating a downturn</p> <p>1:00:01 a16z's new mega funds; should they go public? How does that change partner dynamics?</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.wsj.com/articles/the-elizabeth-holmes-verdict-theranos-founder-is-guilty-on-four-of-11-charges-in-fraud-trial-11641255705"> https://www.wsj.com/articles/the-elizabeth-holmes-verdict-theranos-founder-is-guilty-on-four-of-11-charges-in-fraud-trial-11641255705</a></p> <p><a href= "https://www.bbc.com/news/technology-58469882">https://www.bbc.com/news/technology-58469882</a></p> <p><a href= "https://www.nytimes.com/2022/01/04/technology/elizabeth-holmes-verdict.html"> https://www.nytimes.com/2022/01/04/technology/elizabeth-holmes-verdict.html</a></p> <p><a href= "https://www.wsj.com/articles/the-theranos-fraud-elizabeth-holmes-convicted-trial-blood-testing-start-up-11641330471"> https://www.wsj.com/articles/the-theranos-fraud-elizabeth-holmes-convicted-trial-blood-testing-start-up-11641330471</a></p> <p><a href= "https://www.businessinsider.com/bill-maris-explains-why-gv-didnt-invest-in-theranos-2015-10"> https://www.businessinsider.com/bill-maris-explains-why-gv-didnt-invest-in-theranos-2015-10</a></p> <p><a href= "https://www.skadden.com/insights/publications/2021/06/insights-the-delaware-edition/delaware-courts-expand-plaintiffs-rights"> https://www.skadden.com/insights/publications/2021/06/insights-the-delaware-edition/delaware-courts-expand-plaintiffs-rights</a></p> <p><a href= "https://www.cnbc.com/2022/01/05/fed-minutes-december-2021.html">https://www.cnbc.com/2022/01/05/fed-minutes-december-2021.html</a></p> <p><a href= "https://fred.stlouisfed.org/series/T10YIE">https://fred.stlouisfed.org/series/T10YIE</a></p> <p><a href= "http://www.paulgraham.com/aord.html">http://www.paulgraham.com/aord.html</a></p> <p><a href= "https://www.socialcapital.com/annual-letters/2019">https://www.socialcapital.com/annual-letters/2019</a></p> <p><a href= "https://medium.com/craft-ventures/the-burn-multiple-51a7e43cb200">https://medium.com/craft-ventures/the-burn-multiple-51a7e43cb200</a></p> <p><a href= "https://www.statista.com/statistics/266206/googles-annual-global-revenue"> https://www.statista.com/statistics/266206/googles-annual-global-revenue</a></p> <p><a href= "https://techcrunch.com/2022/01/07/andreessen-horowitz-raises-9b-in-new-capital-for-venture-growth-bio-funds"> https://techcrunch.com/2022/01/07/andreessen-horowitz-raises-9b-in-new-capital-for-venture-growth-bio-funds</a></p>