[Fede_V]

Joe Weisenthal (who is always worth listening too in matters of finance) put it well here: https://twitter.com/thestalwart/status/1634985524007157760?s...

Some VCs were definitely better than others: the very worse was probably the All In Crew who were trying to spread a bank run to tie the government's hand. Truly despicable.

[WanderPanda]

Agreed, I‘m a big fan of the all in podcast but this really showed them (especially Sacks) from their worst side. They clearly pressured the regulators by saying that everyone who has more than the amount insured by the FDIC in their account at a regional bank is stupid and reckless if they don‘t transfer it to one of the top four banks on Monday. The situation at SVB seemed very manageable but even a small chance of this „mind virus“ spreading would be so devastating that they decided to backstop the situation.

[MaxHoppersGhost]

The All In Crew are the kings of rent seekers. Chamath himself made billions off the SPAC boom which should tell you all you need to know about them.

Mr Libertarian himself David Sacks crying for govt intervention was hilarious. What a clown.

[WanderPanda]

Yes, this and his Solana pump (and dump?) really showed his true face to a point where I have to start questioning his qualities as a capital allocator

[birdymcbird]

saw their all in episode. definitely did not get signal you described.