E83: Market slide continues, and how to address Uvalde

Guest on the podcast, referred to as the 'fifth bestie' and a crossover fund manager. He provides insights on market conditions and venture capital.

A 29-year-old entrepreneur who started two multi-billion dollar unicorns, spoke at the All-In Summit about American defense and publicly confronted Jason Calacanis.

Appeared on a domestic politics panel at the All-In Summit.

Mentioned by Brad Gerstner during a story about founders seeking advice post-summit.

Speaker at the All-In Summit, mentioned for overlapping with Nate Silver during a discussion.

Mentioned as part of a past political disagreement with the host that Palmer Luckey referred to.

Co-host of the podcast, referred to as the 'dictator' and shared his impressions on market drop, Fed strategy, and the Uvalde tragedy.

Co-host of the podcast, referred to as the 'Rain Man', gave insights on the market, free cash flow, and gun control.

CEO of Uber, mentioned for his memo to focus on free cash flow and cut costs.

U.S. Senator mentioned for suggesting solutions to school shootings like spending $10 billion on single-entry schools with armed guards, and later for thinking the issue is about 'back doors being unlocked'.

Former U.S. President, whose re-election was followed by a spike in gun sales.

Attended the summit, his session was highlighted as a positive moment. Also praised for his understanding of macroeconomics.

Appeared on a domestic politics panel and a Ukraine debate at the All-In Summit.

Participated in a debate on Ukraine at the All-In Summit and was thanked for his respectful engagement.

Speaker at the All-In Summit, mentioned for overlapping with Keith Rabois during a discussion.

U.S. Senator credited for 'saving the republic' by vetoing a second stimulus package, which would have worsened inflation.

One of the 'besties' of the All-In podcast, unable to attend the episode due to personal matters.

Cited in an analogy for hypocrisy regarding COVID-19 responsibility.

Investor who hyperventilated on Twitter, suggesting radically more aggressive Fed actions to squash inflation.

Host of the podcast, who Palmer Luckey publicly called out at the All-In Summit.

Mentioned as part of a past political disagreement with the host that Palmer Luckey referred to. Also cited for printing a 'ton of money.'

Secretary of the Treasury, criticized for dismissing inflation as transitory.

U.S. Senator, mentioned for taking $7 million from the NRA.

U.S. Senator, mentioned for taking $4.5 million from the NRA.

Former U.S. President, whose assassination attempt led to a temporary ban on assault weapons, highlighted as a precedent for bipartisan gun control.

Basketball coach who went viral for expressing outrage over gun violence, reflecting common sentiment.

Comedian mentioned alongside Ricky Gervais for his bravery in comedy tackling sensitive topics.

U.S. President, criticized for blaming billionaires for inflation and for his administration's spending policies.

Former CEO of Intel, famous for the quote 'Only the paranoid survive,' which is applied to founders needing to make drastic course corrections in a downturn.

The perpetrator of the Uvalde elementary school shooting, profiled as a young man from a broken family with deep resentments, bullied, and posting challenging content online.

Former U.S. Senator, mentioned for taking $4 million from the NRA.

U.S. Senator, mentioned for taking $3.3 million from the NRA.

Former Mayor of New York City and founder of Everytown for Gun Safety, whose efforts are mentioned as having limited impact on gun control.

Comedian whose Netflix special was cited as an example of bravery in comedy, taking on sensitive topics without fear of 'cancel culture.'

Amazon founder, praised for his candid criticism of the Biden administration's inflation policies, stating that government spending, not billionaires, caused inflation.

The perpetrator of the Buffalo supermarket shooting, mentioned as an example of a shooter who lived in a state with red flag laws but was not stopped.

U.S. Senator, criticized for taking $13.6 million from the NRA despite being a 'moral finger wagger.'

U.S. Senator, mentioned for taking $4.4 million from the NRA.

Former District Attorney of San Francisco, criticized for not enforcing gun charges, leading to criminal perpetrators being released.

District Attorney of Los Angeles, criticized for dropping gun enhancements to charges.

Mentioned in the context of attendees getting sick after the summit, highlighting ongoing health concerns.

Palmer Luckey criticized cancel culture during his speech, linking it to the difficulties he faced in his career.

Cryptocurrency exchange mentioned as an example of a company in the '85 plus club' for market cap decline.

Social media platform where the Uvalde shooter posted content, including assault rifles, highlighting the potential for early warning signs on these platforms.

Palmer Luckey's defense company, mentioned as doing impressive work in American defense.

A venture capital firm mentioned in the context of a startup's funding situation, where they raised $100 million at 100 times ARR.

Fitness product company mentioned as an example of a company in the '85 plus club' for market cap decline.

A company with a major stake by one of the besties, reported Q1 earnings with 85% year-over-year revenue growth but stock is down 67% from its peak.

The company whose CEO Dara Khosrowshahi issued a memo about sharpening pencils and focusing on free cash flow.

Company that self-immolated on earnings calls multiple times, with stock imploding by 48% after a disastrous guide down, despite strong revenue growth and free cash flow.

News agency cited for reporting on the police response time and inaction during the Uvalde school shooting.

Social media platform where the Uvalde shooter posted content, including a dead cat in a bag, highlighting the potential for early warning signs on these platforms.

Social media company whose stock was affected by Snap's earnings, and is discussed for its valuation and the risk to its advertising revenue.

Technology company whose stock was affected by Snap's earnings, and is discussed for its valuation and the risk to its advertising revenue.

Streaming company mentioned for its stance against 'woke' employees, telling them to quit if they don't support content breadth.

A high-growth software company mentioned as an example of a good business making a '90-degree turn of the plane' by laying off 20% of its workforce despite terrific growth, illustrating decisive leadership during a downturn.

Technology company that mandated employees return to the office three days a week, with little visible impact on employee retention, signaling a shift in employee entitlement.

Stock market index mentioned for its whiplash-like daily movements.

An antiviral drug mentioned as being taken by Josh's wife after contracting COVID-19.

Website tracking company layoffs, used as a data source to show the tightening labor market and the impact of economic slowdown.

Video conferencing company that reported strong Q1 earnings, beating expectations, with $1 billion revenue and 80% gross margin. Stock jumped 18% after earnings.

Financial data platform mentioned as a place where investors might mistakenly evaluate company earnings without proper due diligence.

Financial information website mentioned as a place where investors might mistakenly evaluate company earnings without proper due diligence.

Company mentioned for having several top leaders leave, possibly due to high compensation packages during layoffs.

Topic of a debate at the All-In Summit, highlighting geopolitical discussions.

Location of a tragic elementary school shooting where 19 children and 2 adults were murdered, sparking a discussion on gun control and mental health.

Location of the Sandy Hook Elementary School shooting, after which Mike Bloomberg founded Everytown for Gun Safety.

Discussed for its role in interest rate hikes, managing inflation, and its impact on the economy and market expectations.

Newspaper cited for covering Netflix's stance on 'woke' employees.

Gun rights advocacy group, criticized for funding politicians and for its opposition to gun control measures like federal red flag databases.

Gun control advocacy organization founded by Mike Bloomberg after the Newtown shooting, whose impact on gun control is discussed.

U.S. government agency that implemented widespread airport security changes after 9/11, used as an example of how society can accept disruption for national security.

Venture capital firm mentioned for advising founders through downturns and for having a company in their portfolio ('Lace Work') that made significant layoffs, indicating proactive course correction.

Newspaper whose chart on gun sales spikes after mass shootings was shared, illustrating the counter-intuitive effect of public debate on gun ownership.

Medical journal cited for a study showing a massive uptick in gun deaths and drug overdoses, now exceeding motor vehicle crashes.

A type of assault rifle, discussed in the context of needing more stringent controls, training, and insurance due to its high capacity and lethality.

Biden administration's spending plan, criticized for having potentially exacerbated inflation if it had passed.

Laws that allow temporary confiscation of firearms from individuals deemed a danger to themselves or others, discussed as a potential solution to gun violence.