This Week in Startups - Instagram to shut down Shopping, reacting to Apple's event & more + The Blueprint Part 9 | E1554

Episode Date: September 8, 2022

J+M have big hotel energy today as the duo lets it fly on a bunch of topics including: Trump's documents (2:21), Code Conference poker stories (18:40), Instagram shutting down "Shopping" + Zuck's new ...look (33:36), Starlink (1:04:37), and more! Then, Molly joins Jason for part 9 of The Blueprint! (1:13:00) 0:00 J+M intro today's segments 2:21 Theories on Trump's classified documents 17:18 SnackMagic - Get 10% cashback up to $1000 until October 15th with code HOLIDAY, and see more at snackmagic.com/twist 18:40 Molly's big interview + Jason's tells poker stories from the Code Conference 29:06 Visa - Learn more about Visa’s online Small Business Hub at Visa.com/smallbusinesshub 30:02 Jason brainstorms a publicity stunt 33:36 Instagram looks to sunset "Shopping" feature, Zuck changes his public persona 40:02 Brave - Download today at https://brave.com/twist to browse faster, search privately and so much more 41:28 Jason confronts his Zuck-induced insecurity 48:11 Why Instagram is shutting down its "Shopping" tab 49:16 Reacting to Apple's event, new watch, AirPods, and iPhone 14 1:04:37 Starlink helping bring broadband to rural areas via school COVID subsidies 1:13:00 The Blueprint Part 9: Molly Wood on manifesting your future! FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1

Transcript
Discussion (0)
Starting point is 00:00:00 All right, everybody, ready to Wednesday. Molly and I are both in hotels. We've got a loosey-goosey show for you today. We kind of really do. It's like we just have chit-chat energy. And frankly, I'm loving it. We're like talking about some theories on Trump's files and doing a little personality analysis,
Starting point is 00:00:17 a little Occam's Razor situation, just goofing off. And I talk about the end of the poker game that never existed at the industry standard, All Things D and Code Conference. that I hosted the last edition of last night and some big poker hands with my friend's guy dating. It's a nice requiem for code too.
Starting point is 00:00:37 It's really hard to see that one go away. We're also then, we are going to do like a little bit of tech news, kind of. We're going to talk about Instagram canning shopping. We're going to cover Apple's event. We're going to talk about who is or who is not dating Pete Davidson. Spoiler alert, it's all of us. We're doing whatever.
Starting point is 00:00:52 And we're going to talk about Zuckerberg's big MMA energy. His big in-cell energy is coming out. I have a big theory about what's going on with that MMA video of Zuckerberg. And then, Molly and I do a combo edition, the blueprint, Molly Wood Edition. We're going to find out how Molly got her career to this amazing level, what she's planning to do with the next 20 years to have even more impact in the world. It's going to be a great episode. Stick with us.
Starting point is 00:01:20 This Week in Startups is brought to you by Snack Magic and Swag Magic are global gifting platforms and the most stress-free and customizable ways to delight employees or customers. Get 10% cash back up to $1,000 until October 15th with code holiday and see more at snackmagic.com slash twist. Visa. Are you a small business owner? Did you know that Visa's online small business hub has tools, discounts, and resources to help you run your business? learn more at visa.com
Starting point is 00:01:58 slash small business hub and Brave is an internet privacy company on a mission to protect your personal info online download Brave today at brave.com slash twist to browse faster, search privately, and so much more. All in a single click. Did you see like now this Trump stuff with the documents.
Starting point is 00:02:27 They actually, you know, they were like, oh, there might be nuclear stuff in there. They're like, oh, my God, there's not nuclear stuff. And now, like, yeah, it turns out there's nuclear stuff. I just like, I can't keep up with this. It's just the swings are so crazy. I think no one, except for people from his camp, had said there wouldn't be nuclear stuff.
Starting point is 00:02:43 Like, the DOJ was always like, there might be nuclear stuff. And then now they're like, yeah, there was. Yeah, I mean, that's crazy. It's going to jail. What's the motive? What's his motive? You know, I know, I know he's a narcissist. maniac. But in this case, I'm like, what's the actual motivation to take these documents
Starting point is 00:03:04 and then thumb your nose at the FBI and DOJ as they give you every possible chance? I mean, it's not a political show. I'm not talking about how. I'm just talking about human nature. What, I mean, what is the person doing that if the FBI came to you, the DOJ and they do subpoenas and meetings and you're just like, hey, you can't really have this stuff. You kind of got to give it back. And you just give the person every chance. Yep. But imagine, okay, so now imagine that you're a screaming narcissist and you don't believe
Starting point is 00:03:42 that any viewpoint is valid except for yours. Like, he doesn't believe that the DOJ or FBI. You're talking about reality. Or Justice Department. I'm talking about my reality whatsoever. Yeah, exactly. reality, right? My view point is to what that matters.
Starting point is 00:03:56 I know you can relate to this, like a teeny bit. A little, maybe a little. You're just like, no, this is how it should be. And I'm in charge in my own mind. And so it's going to be like this. And whatever they say, I'm not going to. And then also imagine that you have like a half a billion dollars in debt and are probably an actual foreign asset.
Starting point is 00:04:14 And then you know all the answers you need. I mean, seriously, remember he came out of office and they were like, there are $400 million in loans coming due that he can't pay. A lot of pressure. hope he doesn't have any secrets. Yeah, I mean, it's a lot of jumps. He has all the secrets. That's definitely a lot of jumps.
Starting point is 00:04:30 I don't know. Money is the easiest jump of all. Well, you know, it's interesting. This does relate to venture capital. Need money, do crimes. Well, people are now saying the $2 billion venture fund that Jared put together, the nuclear secrets, I mean, people are making a lot of jumps here. But the nuclear secrets of another country are Israel's and Saudi Arabia would be very
Starting point is 00:04:52 interested in that. And so this is like jump, jump, jump, jump, jump. I mean, I like pray that that stuff. I've seen that stuff too, and I pray it's not true. I will, the one that makes me way more upset even than that, though, is the stories about how we were losing like a lot of assets. Have you seen those? Like, there were story, there were news stories in 2019-ish that were like, hey, the CIA is warning the United States government that we're losing a lot of assets. Like a lot of people in the field, spies. People in the field are being killed. Yeah, that's fascinating.
Starting point is 00:05:25 I gotta be honest, I think that's incredibly, incredibly small chance that that's what's going on here. I pray that that's not what's happening, but like, I don't know. I know some people who have met with Trump, and they said, like, the first thing he does is, you know, like, whether you are,
Starting point is 00:05:41 I know somebody who was at Mar-a-Logun, I know somebody who met with him in his office. And they said, it is like memorabilia central. and he will be like, here's Mike Tyson's boxing gloves, here's, you know, this basketball from this game. Right. He, yes. And so he is obsessed with the relationships, people he knows, memorabilia.
Starting point is 00:06:05 You know, I was talking to some very important friends of mine about this Molly. Yeah. You know, and these were like really important people. Like really, what is more impressive? I mean, with your scratchy voice right now, it's actually terrifying. so I'm just going to like, it sounds so close. It sounds so close. Okay.
Starting point is 00:06:23 I was with Mark Cuban. Okay. I showed him my documents. I showed him my nuclear secrets. He was very impressed. I'm sorry, everybody. Whoa. All right.
Starting point is 00:06:37 I need to get a hot tea. All right. So this is it. This is what I'm telling you. I think it's a memorabilia play. Beginning and end. Full stop. I don't think for selling secrets.
Starting point is 00:06:45 It's probably an ego and memorabilia play. But 98% People are sneaking in there. No, I don't think any of that's happened. I think this guy is such a man, man. You don't think that there was any, if you were a foreign operative, like you're pretending that spies don't exist.
Starting point is 00:07:01 If you're a foreign operative, like that lady who pretended to be a Rothschild and you know that this moron is like sitting on nuclear secrets because you're not going to take candy from a baby? That's a fair point. The dumbest baby on the planet? There must be a shit.
Starting point is 00:07:17 ton of spies. There's spies everywhere in Marlago. Yeah. Oh, God, I didn't think of that. Yeah, if I was Russian, Chinese, Israeli, Musad, KGB, whatever secret service. Yes. Yeah, of course, I would send people. That's why you don't take it out of the secret building because spies are everywhere.
Starting point is 00:07:35 Yeah, that's what I would do. Yeah, I would set, I would be like, I would plan somebody in the United States as a real estate developer, speculator. I'd have them move to Miami. I'd have them throw some parties. I'd have them apply for membership at three golf courses, join two of them. And then I would have them do real estate deals in the hopes that eventually you would be in the former president circle somehow because you bought two apartments in Miami for a couple million dollars each.
Starting point is 00:08:04 And that would just instantly ingratiate you. Yeah. Yeah. That's a good plan. Candy, baby. Yeah. I mean, literally a lady pretending to be a member of the Rothschild family was photographed. with Trump and Lindsay Graham
Starting point is 00:08:19 and she's a Russian agent most likely. Like, oh, what's happening in the world? Exactly. But anyway, so I like this theory. I think we have the theory. We have probably literally lost spies. Yeah. Because this idiot for his own gratification,
Starting point is 00:08:33 you're almost certainly right about that. Uh-huh. Was just like, I need mementos and I need those mementos to be the nuclear secrets from other countries so I can look awesome. I think we should be in the KGB or CIA or something. Because here's the thing.
Starting point is 00:08:46 Sometimes the most, obvious thing is the thing. So the most obvious thing is that a person obsessed with memorabilia looks at, like, here's, you know, the president of France's personal life. He obviously, he's reportedly has those documents. And here's, um, you know, some country's, you know, weapon systems. Now, if you were like entertaining a couple people and you're like, hey, by the way, you ever hear of the president of France? Check this out. He's having a really fun time. Here's some tea. And then I do think you're absolutely right that like if Twitter has spies working at it and they caught spies working at Facebook, I believe. Why wouldn't they be spies working at Maralaga?
Starting point is 00:09:28 Like they're going to work anywhere that's in proximity to power and information. Yeah. So that is the first place. I would put all my spies. And then if you were the FBI and the DOJ and the National Archive of Records or whatever it's called, you would be highly attuned to this playbook. therefore you would take this very seriously. Therefore, you would risk the claims of partisanship and targeting Trump or a former president by another political party, yada yada. You would actually risk that, knowing that that risk is not as important as the potential reality of us leaking things that are obvious.
Starting point is 00:10:12 De-stabilizing nuclear peace. So dumb. I mean, how did the world get so stupid? It's easy. And we have to be able to hold these two thoughts. This is actually really valuable content. And yes, Nick, we should totally leave it in the show because we have to have these two thoughts in our head. Right.
Starting point is 00:10:27 Like Trump could be a 100% egomaniacal clown. True fact. True clown, yeah. Goof-glawn. Probably kept this stuff like, sure, maybe somebody wanted to buy him off on the other end, but most likely. You don't need to buy them off. You just need to buy an apartment. Buy an apartment.
Starting point is 00:10:44 You know, he makes 300 grand. That's enough. So he could feel. awesome and he could show people off and all of those things are totally true. And also, it is the gravest threat to national security we maybe have ever faced because you could destabilize the entire fragile nuclear piece of the world by being the right spy buying the right apartments. Yes. All right. So it still is like the crime of the century, even if he just did it because he's an egomaniac idiot. But, okay. So I think we, I'm sorry. No, no, no, we
Starting point is 00:11:16 triangulated it. The piece I still don't understand is, and I think this might be strategy, this is the one I'm kind of triangulating on. You know if you were the party who's being told to give back the documents. And they've outlined it to you explicitly over, this seems to be like six months or 12 months of drama. Over a year, yeah. Yeah, it's like a year of drama. Now, and they are escalating. And you have attorneys. They may be dips, but their attorneys nonetheless. less. And you see this is escalating. So you would think if you were the counterparty to the FBI and DOJ giving you subpoenas and asking for tapes of the thing and coming and visiting. And you'd think at some point you'd be like, you know what? Okay. There's a lot of other
Starting point is 00:12:04 memorabilia. This last 5% of memorabilia, I probably should just give it to them. So I can put this to rest because it's becoming now a more acute sense. situation. So then why would my Columbo, why would you push the issue there, man, because they did tell you to give it back. And they did give you a subpoena thing. So why would you push the issue? I have a theory, but I want to hear yours, Molly, do you have a theory in this gamesmanship? Okay, we've outlined it. Spies are everywhere. That is not unique to the former president. They're in Twitter. They're in Facebook. They're in Morgan Stanley. They're out working at hotels, whatever. So there are spies everywhere. This information, obviously, you know, Trump loves
Starting point is 00:12:51 memorabilia. Okay, so this is non-controversial. We know all this stuff. Spies everywhere. He loves memorabilia. But now this third piece of the puzzle. Why not just resolve the issue when it's becoming acute? Why would you drag this on? Is the thing that I've been struggle with. I have a theory, but I want to hear yours first. It's one of two theories, right? Okay, here we go. In my mind, it is either It's either the worst case scenario, which is actual active espionage.
Starting point is 00:13:19 It's either, like worst case scenario is someone's literally paying him for these. I'm just saying these are the two theories. Okay, okay, okay. One is active espionage, someone's paying him for these secrets. Yeah. Two, I am with you, and I find that actually unlikely because you don't even have to pay him,
Starting point is 00:13:34 you just sneak in and steal it. Yeah, I mean, also, he is smart enough to know that would be actual espionage. Right. And he knows he's being wise. So if he knows he's being watched, he know, and he does believe in the deep state, like, and he's going to go do espionage, I don't buy it. It's like 0.001. It's like a one in 10,000. He'd be insane enough to do that. But okay, we both agree. Good. And you don't even have to steal it.
Starting point is 00:13:55 Yes. What's the other one? Yes. What's the second one is, I don't think he's okay. And I think he thinks he's president, right? Like, I think it's the level of egomania and delusion that is so intense that literally he does not think they have the authority to request these documents from him. Okay, so I think that's pretty close to my theory. My theory is he is so addicted to attention that when he sees a situation like this come up, he thinks every other time I've been involved in a controversy,
Starting point is 00:14:29 it has created more people talking about me, which has then led to good things. So a narcissist maniac, celebrity person addicted. I'm not saying this like, I look at him as a celebrity, so, you know,
Starting point is 00:14:46 there are celebrities who just keep doing crazy things that you're like, why would you do that? And it's like, why would you date that person and then break up with him three months later? I'm thinking of Kim Kardashian here, right?
Starting point is 00:14:56 With Pete Davidson and Kanye, you're like, why would you do that? Like, you know Kanye's crazy. You know Pete Davidson's unique. Like, these are two very unique individuals who have been very public about their mental illness struggles.
Starting point is 00:15:06 Why would Kim Kardashian, who seems to have it all together and it's like a billionaire who makes incredible companies and is one of the most savvy marketers that every time I see what she does, I appreciate it more. Why would she do that?
Starting point is 00:15:17 Why would she be with two people with bona fide mental illness who have been public about it? Instead of being with somebody normal who's successful, who's a contemporary of hers who could build a, like, relationship that would be fulfilling to her.
Starting point is 00:15:32 Yep. Because it's boring. And it's like, okay, well, actually, we know why. Because dating people, Davidson puts her in the media cycle at the number one story on every tabloid for six months. Dating, dating, marrying and having babies with Kanye puts her at the top of the tip of the spear in publicity for five years.
Starting point is 00:15:54 That's the reason. I mean, no, it sounds super cynical, but she's a civil. Like, you become a celebrity because of how you are, right? It's a deliberate, it takes intentionality. It takes a crap ton of work. Yes. Like, I mean, it is not even uncommon for, like, for decades, for as long as celebrity has been around, there have been like relationships that only exist to get the other attention. Anyway, it's a long way of saying, I haven't announced.
Starting point is 00:16:20 Anyway, yes, it's for attention and delusion. And so, anyway, it's a long way of saying, now that I've gone Hollywood, that I'm disclosing now that Pete Davidson and I have been having an affair for the last six weeks. And that's why Kanye and Pete Davidson broke up. I am going to use this technique. I am now going to start dating Pete Davidson so that I can get more ratings for the shows, raise more funds, and I just want to make you laugh, Molly.
Starting point is 00:16:45 It's literally what I love to do is just make Molly laugh on the show. So I do this whole buildup just to deliver that punchline. I was just imagining like are we all going to have to date Pete Davidson now? Pretty much. Pretty much, Pete, eventually.
Starting point is 00:16:58 Listen, I can't tell you what to do. You want to succeed. But I brought you here to get the ratings up. It has succeeded in the first six months and I've been thinking about it and I think Pete Davidson shout out Molly is, you know, I'm not saying she's available. I'm not saying she's not available, but she could be your Kim 2.0.
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Starting point is 00:18:38 Madonna says, holiday. All right. So anyway, welcome to the show, everybody. Welcome to the actual show. We are going to talk about startup stuff. Of course we're talking about tech and startups, but I just, you know. Anyway, you are in San Francisco. Is it tonight you have your big talk?
Starting point is 00:18:52 Tonight, yeah, I got my big talk at the Commonwealth Club tonight. Thank you. People can still get tickets or not. I did. People can still get tickets as far as I know. I don't know the capacity situation, but I would imagine they can. All right. So type of Mollywood Commonwealth Club.
Starting point is 00:19:04 Because everybody in tech is at code anyway, so. That's true. Yeah. I said might be a little light there. Want-Wa. Watt. So I am, yeah. And so anybody type Commonwealth Club, type Mollywood.
Starting point is 00:19:16 Do it on Twitter or do it wherever. Maybe we'll put it in the show. I tweeted about it. Oh, tweet about great. So if Molly Wood. Anyway, moving on. Anyway, so that's happening. And you're in L.A.
Starting point is 00:19:23 We're having an all hotel show today for those who are not watching on video. I am in the very plush, very beautiful, Waldorf Astoria, which in Beverly Hills is an amazing hotel. God, I like being rich. You're like, I love it. He's like, the idea of spending $1,000 a night on a hotel to me was like insane. Yeah. Like, I always topped out at like 300 and 400. I would get very anxious.
Starting point is 00:19:48 And then at someone I was like, I only stay in hotels 10 times a year. It's not going to make a difference in my life if I spend 500 or 1,000. So I just decided to like maybe let loose a little bit once in a while. I still mostly stay at, what do I have my most points? I think it's at the, at the Starward program that's now the Bonvoy. So I have 2 million Bonvoy. points. So I mostly stay at like Marriots and St. Regis and whatever because I have these two million points and I don't pay for it. But I treated myself to this. So anyway.
Starting point is 00:20:16 Good for you. Is it, I mean, like, is it that different, I wonder? I sort of feel like the difference between a $200 a night hotel and a $600 a night hotel is usually not as much as I want it to be, if that makes sense. Yes, it does make sense. It's not three times better. So yes. Not three times better. It's still just like a coffee maker and a robe and a, you know. Sheets are what it's about for me. And so when you stay in some of the, these elite places. Amman, which is 1,000 to 1,500 a night, or walled off. And then the next stage down is, like, St. Regis and Rich Carlton, those are 500 bucks a night. I like those.
Starting point is 00:20:50 So basically, from that level to the next level is not much difference. But there is a difference in service and, like, how they treat you. So, you know, I was talking about Amman level. I've been studying how they treat customers. So I am kind of studying how they treat customers. Three people greeting me downstairs, you know, they call you, sir, they offered you the water, they offer you, would you like cold water or room temperature water? Now, this seems like really stupid, but people do have a preference for that. And that's the kind of detail that I try to put into
Starting point is 00:21:16 products. Djokovic, checks, they care. They care. And so I just try to, you know, and then when you want to, like, you know, go to the restaurant, Jean-George is the restaurant here. And then I also got a haircut here. So they had like a men's stylist haircut here. So I got a little haircut. You know, that's very convenient. So it's quite nice. But it's also very good for meetings, I find. It's a really good flex. So I'm meeting with the reality TV producers today. I sign my reality TV deal, so you'll be doing some cameos on that show. And so I'm meeting with them and then I tell them I'm at the Waldorf and, you know, where I go up to the roof and I order the lobster salad, $60 or something. And I just, you know, it's a little flex. It's a mini flex to make sure they know.
Starting point is 00:21:56 And then people treat you differently when they know you're loaded. Period, full stop. Yeah, that's true. I know that. And so I do a little mini flex on them. Love it. That's it. You know, listen, now that you're a venture capital, a lot of people were talking about you last night. They were. At the party. Well, all the journalists were there. So, you know, I come up and I host this party with my friend Brooke Hammerling.
Starting point is 00:22:16 She's like the number one PR person. And my friend Sky Dave, who created Earthing. And so 20 years ago, Sky and I started playing poker and our friend Brooke, who was representing Sky's helio at the time. Sky created a beautiful phone with SK Telecom, a smartphone, you know, three years before Steve Jobs did. And it failed, but, you know, he basically ran into the brick wall that was Steve Jobs. But in L.A., all the celebrities had heliophones because they were the most advanced.
Starting point is 00:22:44 And so anyway, Sky myself would play cards. And then our friend Mark Cuban, who was at the time doing broadcast.com, I was a journalist. We played basketball at this conference in Laguna. And then it became the Aldi's conference. And anyway, basically, this series of events, it went across Industry Summit, which was John Patel's event, all things D. And then after it, Recode conferences. So we started with John Battelle's conference playing poker,
Starting point is 00:23:06 and then we started playing at Kara Swisher and Walt Mossburgs. But they're ending it now. My friend Jim Bankoff owns Recode and Vox and New York Magazine. So I hung out with my friend Jim Bankoff last night. He's the one who bought Weblogs Inc off of me. So just a lot of, you know, 20 years of my career in this poker game. Yeah. But I cannot.
Starting point is 00:23:23 How fun. Yeah, it's very nice. What a great yearly reunion. That sounds delightful. Yes. And it's two tables. And, you know, a little table and a big table. You know, I can talk about it now because we ended it at this event,
Starting point is 00:23:33 because the Recode conference is ended. But I couldn't talk about it for 20 years because we would be at a hotel and hotels can get a little freaked out if you throw a 50 person poker game. So I'd have to, myself and Sky and Brooke did most of the work. We would have to, you would not believe the navigation. We would be, I would be getting $100 bills and paying off people and making sure that no. Then we would bring in our own food and our own, you know, beverages. Then they would get tweaked about that and da-da-da-da-da, order room service. Then the noise level and then we get the presidential suite.
Starting point is 00:24:02 And so then we just started to say, listen, we're going to have. a poker game, it's for charity. We're going to be playing up there. Do you want the business or not? We'll take the presidential suite for two nights, which is five or ten grand a night. So, you know, this thing costs 30 grand to do, but we split up the cost. Yada yada. Anyway, the last one, but your name came up because I was talking to Kevin Ruse from the New York Times. I was talking to M.G. Siegler, who has become a venture capitalist. I was talking to Gabe from tech meme. You know, every top journalist comes. A lot of the ones who come on this program as well. and they were asking, how's Molly doing?
Starting point is 00:24:34 And I said, well, in fact, she's done four deals and six months and, you know, ratings of this week and start went up. And let's just say, a lot of journalists were very interested in the path. And so, yeah, you're definitely becoming a trailblazer like, you know, the five or so journalists who have made this jump. Michael Moritz. Oh, Malik, M.G. Siegel, or myself in you. And, yeah, I think that's... Those are the five. Wow.
Starting point is 00:25:02 Yeah, pretty much. Christina Farr, Chrissy Farr, was at ZNBC and is now doing health tech investing, I think. But yeah, it's not. I mean, it's like not as many as you would think. It's under 10. I mean, there might be other examples that I'm missing here. But so, anyway, your name came up.
Starting point is 00:25:14 Everybody says, hi. And so I'm playing cars. Everybody likes poker series. I'm just running the table over. Yeah, I'm like really in the zone right now in my life in terms of like execution and focus level. And so I am just, you know, it's a $5,000 buying game. I run it up to $30,000.
Starting point is 00:25:29 I'm dominating everybody to the level of it's hysterical and there's a hundred well there's maybe a hundred maybe a hundred people come in and out there's maybe 50 people there at a time there's 20 people around the table just watching me just dominate every hand and I can't believe it
Starting point is 00:25:44 I'm playing against my best friend's guy Dayton one of my best friends and I hit a set of eights you hit a set of eight you got pocket eight and an eight comes out so you get three eights and the board's ace nine eight he bets I raise he re raises I go all in he snap calls I'm like whoa this is crazy. Now, I got $30,000 in front of me. I've got a Prius in front of me. I use one at least.
Starting point is 00:26:06 Guess what he has? He's got ACEs. No, he's got Nikes. No? There was an ace on the board. But yeah, so I have a set of eight. He has a set of nines. Like by one, you know, and of course, we run it twice. That's way worse than Aces. At least you could just like, that's a definitive loss. But it was bonkers. It was mean. That's mean. So anyway, this is my last hand of the night. I could have been up 60, that. $1,000 or down five. That's how they get you. That's how they get you.
Starting point is 00:26:33 My son told me the other day that he thinks he should take up gambling because, you know, most gamblers quit right before they hit it big. Take up gambling. It's most gamblers quit right before the... I do, I do. It's a pretty good one. It's pretty good. But, you know, gambling's for...
Starting point is 00:26:49 I want to start a game, like a lower stakes game with you and then start inviting maybe some more female VCs or, you know, female founders and stuff because it's not... That would be really have... It's only one woman playing out of 20. I know. It feels like really in... It feels weirdly intimidating, even though, like, we all play poker. Like, I'm like, all the women I know play poker.
Starting point is 00:27:08 There's just something about the poker game that feels like golf or being in the hot tub or, you know, it's sort of like, eh. But yes, I agree. Let's do it. Yeah. I mean, the hot tub has like, uh, accessible. The hot tub's no good. That's got to stuff. The hot tub's no good because of baiting suits.
Starting point is 00:27:21 People are wearing revealing outfits. It's a little more intimate. Yeah, it's obviously got all those other connotations. But the poker table shouldn't be. Parker table is like golf, like anything else. And what's really great about it is intimidation, math, deception. you know, you start looking at those. And, you know, I think men get really into intimidation and aggression and dominating.
Starting point is 00:27:41 And then maybe women that's not like on their top list of things to do on a Thursday night with their friends is tried to intimidate them, take their money, destroy them and back. I think that might be true. I hate to generalize, but that might be true. Generally, women seem, in my experience, to be nicer people than men. But it doesn't mean we won't sit around. generalization here. But that's why women should be playing, I think, is because I do think in business, it does get sharp elbowed, and it's a very good proving ground. And I think that's why it's become so big in business. Yeah, I do think that the crossover of poker and business is fascinating.
Starting point is 00:28:13 And also, I mean, we would be happy to sit around playing cards, talking it up, and commit all kinds of murders, just maybe not the kinds you're thinking of. Exactly. If I have other murders. Well, yeah, I mean, I think the out would have so many other murders to commit on a Thursday night. All right. So anyway, there's your like little background stories. So fun. We did a little, we did a little trump trying to figure that out. Did a little poker and conspicuous consumption of hotels, reality TV stuff, all the good stuff going on. Now you're definitely going to calm down and try to get your voice back. I'm sure. Well, luckily in this life, I have you.
Starting point is 00:28:51 And I can pass the ball to you and you can do the work. And I can jump in and try to make everybody laugh or do a sniper shot inside. So that's what's going to happen today, folks. Breaking news. We're both dating Pete Davidson. Let's go. Are you a small business owner? Did you know that Visa's online small business hub has tools, discounts, and resources to help you run your business? So whether you're a business beginner or an entrepreneurial expert, find the solutions, tools, and tips you need to help take your business to the next level.
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Starting point is 00:29:59 Visa, a network working for everyone. I mean, I do, I'm going to have to do something with this reality TV stuff to get some attention. I don't know. I don't want to get a DUI or do something stupid like that. What could I do? That would be like marginally hilarious and get me on TMZ. I don't know. I have to look at somebody, can somebody just deconstruct TMZ?
Starting point is 00:30:21 Like, what do I have to do? Exactly. What is that? What is that? Reverse engineer TMZ. You need to be spotted on a yacht with Adam Newman. Perfect. Perfect.
Starting point is 00:30:31 Yes. Yeah. You know what I do? That's what I have to do. I have to hang out with a couple of my high profile friends and get seen at something. I should have done this at Burning Man. I should have leaked photos of myself at Burning Man. Yes, you really should have.
Starting point is 00:30:45 I'm an idiot. Wait, I can still do that. Yeah, it's not too late. Do you have them on your phone? Yeah, but I, yeah, but it looks like I had two bottles of Lvigah. Be looking drug on the playa. Right. Maybe you, because since this is a PR,
Starting point is 00:30:58 play, like, go ahead and stage it. Stage it so that it looks the best for you, you know. Oh, you know what I should have done. I have a good authority that he's having people over on his yacht lately. Like, I just talked to something. I have an actual way to do this. I was dancing. It's quite embarrassing.
Starting point is 00:31:12 I was dancing. And for some reason, some person or group of people decided that quite literally, like, right behind me at 4 o'clock, 5 o'clock on the dial. So if I'm looking straight ahead, that's 12, like 5 o'clock, like back right. A group of people decides they're going to put all their backpack. and, you know, fur coats in a pile. So I'm groove and I'm dancing. And literally the next thing I'm looking at the ceiling.
Starting point is 00:31:36 Because I, you know, I'm dancing and I literally trip over a pile. I've landed a pile of bags and jackets. Like costume outfits and costume out. Five people like, oh my God, J-Cal! And I'm like, I'm okay. I'm okay, folks. I'm laying in fur. And five people pick me up.
Starting point is 00:31:53 Are you okay? I'm like, yeah. They're like, what happened? I'm like, I guess, you know, when your kids and somebody, will, we used to do this when we were kids. We would, somebody would go stand behind somebody and put their hands and get down on all fours. And then we pushed them so they fall over the back of somebody because we were bad kids. Yeah.
Starting point is 00:32:09 It was basically like that. Now, if I had that on video, people go look, Jay Cowell, is that a good leak? Somebody says bad leak, right? Is it a bad leak? No, it's a good leak. No, it's a good leak. Come on. It's a good league.
Starting point is 00:32:20 Look at Jay Cow falling. He's, you know, yeah. All attention is good attention. That's what I got to do. Even the kind that is espionage. whatever, back to the loop all the way back to the beginning. I think that's the thing. I think that's what it is.
Starting point is 00:32:34 It's like it's just Trump says, I need attention. This gets me attention. And now I take over the news cycle. I think he literally premeditated because people are like DeSantis, DeSantis, DeSantis, David Sachs loves DeSantis, hates Trump. He wants DeSantis. And I think Trump's like, how do I level up to Sandus in the news? I could see him thinking, how do I show that I have more power?
Starting point is 00:32:58 than him. Yes. I don't think, again, because I think he's a baby man on the inside, I think it's mostly putting up here at this point, that it's not premeditated, but it is probably like, I have more power than him. Look at the nukes. You know, anyway. Now let's do the news. Now let's do the news. I literally was like, this is the show. I need a Molly's news theme show. Can somebody make me a drop that's a Molly's News? Like breaking news. It's Molly's News. Time for the news with Mollywood. Time for the news with Mollywood. What's going to happen with my shopping? Okay. Go. This is actually interesting and I'm curious to see how it's going to play out. We saw this
Starting point is 00:33:40 low-key story in the information, a scoop from the information, Sylvia Varnamo-Rigan. Instagram, evidently, is going to start scaling back its shopping features because, you know, at some point, especially right during the pandemic, Instagram had gone hard on shopping. You could check out with Instagram. They were just going to try to make it more easy to buy stuff. And let me tell you, like, everybody I know can't stop buying things from Instagram ads. So it makes sense that they were like, how can we get in here and get a piece of it? However, evidently, that piece did not turn out to produce as much revenue, one assumes, as they expected, because this was top priority, according to this story, for the past two years for Mark Zuckerberg
Starting point is 00:34:22 specifically to turn Facebook and Instagram apps into shopping destinations because of Apple's privacy changes causing so much lost revenue from ad tracking. Wow. However, apparently they're just going to change that. Instagram is evidently planning to scale back the shopping features to focus on killing TikTok, basically. Got it. Short form video content because they've lost so many eyeballs. Makes sense.
Starting point is 00:34:54 To TikTok, they're like, forget about the shopping, even though that's probably good revenue and just get the balls, the eyeballs back on the service. They definitely need the balls back at Instagram. They are on every level. Hemorrhury. Oh. Well, you know, speaking of thirst traps and trying to get attention, did you see Zuckerberg doing the MMA stuff?
Starting point is 00:35:15 No. Okay. There's a video of Zuck doing MMA fighting two weeks after he was on Joe Rogan, who obviously is the, you know, the voice of MMA. So I started thinking about this. I was like, you know what happened? I think Zucks or like Chimoth with the shirt off picture. And then he was like, I'm not getting enough attention.
Starting point is 00:35:38 And he saw Bezos with his shirt off, you know. And then there's like this Peter Attila guy who like Tim Ferriss is his doctor and all these guys are doing testosterone, I think. I don't know who, but this is becoming a thing, human growth hormone or testosterone. Because, you know, I'm of that age where men around me are discussing. shooting themselves full of testosterone and feeling like they're 30 years old again, I think Zuckerberg realizes he's irrelevant. People don't like him. And so he said, you know what I'm going to do?
Starting point is 00:36:09 I'm going to go MMA fighter. I'm going to get a diesel body. I'm going to take my shirt off. He didn't take a shirt off yet, but I think that's coming in three months. And, you know, he saw Chimath get like all this attention. He got a little jelly. He saw Bezos. He got a little more jelly.
Starting point is 00:36:24 And he said, I'm going to start getting some attention. for myself as a super CEO, I'm going to get all the simps and the in-sells on Joe Rogan and I'm going to try to capture that group of people to make myself likable. And you know what? I think it worked.
Starting point is 00:36:41 What? It did not. I did? Amongst that group of people. I miss this. Amongst that group of people, it's worked. The picture. Oh, it's a video. Oh, okay. Oh, he's boxing. Okay, but look at the video. This is a steady cam shot. Yeah.
Starting point is 00:36:57 Look at the blur. You see that? Nick, Oh yeah. I don't bring producer Nick on too often, but I need producer Nick to vouch here. What is the shot on? Is this on a red camera? Hell.
Starting point is 00:37:08 Is this shot on a red camera? How long did it take? Because look at this. There's another shot, cut to another shot. I think there's about eight shots in here in 90 seconds. There are multiple angles. Yeah, look at this. This guy's on the ground shooting.
Starting point is 00:37:18 And I think you see the guy shooting in the mirror. And I bet you if we pause on that, Nick, if you can, if you could figure out how to pause on the shot of the guy in the mirror. Oh, my. I haven't done this yet, but I need a full investigation here. I need to know what camera this was shot on. Is it over the shoulder shot? Look at that's, look at these cuts, Nick.
Starting point is 00:37:34 Now he's lifting them up, throwing him down. Look at this. He got the neck thing going. I just want to point out that Zuckerberg is kicking all the ass here too. Like it's, it's, it's, you know, this guy is, this guy's taking all the heat. And this guy can knock Zuck out in one shot. Right. But he's like going slow and pulling his punches.
Starting point is 00:37:53 But Zuck does look for the first time here, legitimately athletic and badass as opposed to kind of hilariously androidy and pathetic. Look at that. Okay. Look at that roundhouse kick there. By the way, getting a roundhouse kick above your shoulder, that's not inconsequential. And it looks like it does have a little power on it. So I would, you know, as a black belt and take one dough, I can tell you.
Starting point is 00:38:16 Okay, there it is. There's a tripod. There's a camera guy, fold camera guy with a shoulder camera. From what I can tell. Yeah. This is what happens when Cheryl San. This is what happens when Cheryl Sandberg leaves, and then he starts getting some other PR advice. He wants to come out.
Starting point is 00:38:32 He wants to be buff. He wants to be loved by in cells and guys. Crypto guys. He's going full crypto audience. Exactly. This is what he's trying to court. He wants to get, he went on Lex Friedman, Joe Rogan, and now he releases this. It's pretty obvious what he's doing.
Starting point is 00:38:46 And by the way, the journalist. Boy, the metaverse is going to be fun for ladies, isn't it? No. It's kind of people all dudes all the time. here's what's happening, folks. This is a PR campaign by Zuck to be more likable to get more people to look at him
Starting point is 00:39:01 like people look at Bezos and Chamath and other cool CEOs. He does not feel cool and he is now doing a PR campaign to try to be cool amongst men from 18 to whatever, 50. You are so right. You are so right.
Starting point is 00:39:19 He is not happy about his image. His image sucks. People don't like him. And now you know what? I kind of like him more. I like him more. I hate to say it. He kind of got me.
Starting point is 00:39:28 He got me too. He kind of got me. He kind of got me. He looks great. He looks lean and he looks happy. He looks happy. He looks like a normal feeling. He has good lats.
Starting point is 00:39:38 His back is wide, but he's not like gross jacked. I know he's the quads. Bezos is like HGH jacked. He looks too much. Zuckerberg looks healthy. It's a good look. It's a good look all around. Yeah, he looks good.
Starting point is 00:39:48 Two hours on he went to, he went to Joe Rogan. He went to do Lix Fried. man, he's doing the full in-sell, you know, toxic masculinity tour. This is the toxic masculinity tour. It's the TMT. User privacy is one of the biggest topics in tech right now. And if you care about your privacy, you need to check out Brave, B-R-A-V-E. Brave is going to shield you from trackers and ads and cookies and all the creepy stuff
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Starting point is 00:41:29 If we wanted to be slightly less inflammatory, which I don't, to be clear, because this is going to make the Metaverse absolute hell for anyone who comes in who is not, you know, a 15 to 35 year old guy who wants to be a wannabe MMA firefighter, right? Like this is this is the same, this is the exact same crypto tour or PR playbook as whatever you would do for crypto. Like it's only a matter of time before the Metaverse buys a stadium. And you start seeing Metaverse ads in every sporting event. I'll tell you where this is leading. Hell for anybody else who wants to be there. You want to know where this is leading? There'll be an announcement within 24 months that he's separating from his wife.
Starting point is 00:42:11 And he's going to be dating a celebrity in 36 months. I'm guaranteeing it, guaranteeing. He has figured it out. He's unloved. He doesn't have like a core fan base. Like who is the core fan base before this MMA video and Joe Logan and Lex?
Starting point is 00:42:27 There's no fan base. There's no, no, let me ask Nick, Nick. Because he's the, he's who, Nick's the one who's being targeted here. You know, young professional men. Because he also needs, he needs developers, Molly. And who wants to work there? Right.
Starting point is 00:42:41 I don't think anybody wants to work for him. How many developer, resumes, back end engineers, whatever. Do you think he's getting Nick after this video? I don't have no idea. It's got to go to X. Are you saying how many people that are in my age range? Are you going to want to work for him?
Starting point is 00:42:56 Like him and think he's cool? How much has it changed? Because it's clear nobody thought he was cool. Very little. I don't think that that video is like widely circulated. But I will say there is on the internet. I hadn't seen it. If you're a man, you've seen it.
Starting point is 00:43:12 No, no, no, no. I think you're, You live in a Twitter bubble. Okay. I want to ask my kid if he's seen it. That's what we find out if your kid has seen it because that's the demographic is going over. There's a bravery about putting a video of you boxing, not being a boxer on the internet because it can go really, really poorly if it goes wrong.
Starting point is 00:43:35 For instance, Tyler Hero, who is on the Miami Heat, he's a shooting guard. He put a video of himself like training in the offseason doing like boxing training. and he just threw the most awful uppercut of all time and he got clowned for, I mean, months afterward. I'm doing this, Nick. I still see the video. When you see Mark Zuckerberg snap a left hook and connect nicely, you're like, damn, all right.
Starting point is 00:43:58 Nick. Damn, Zuck. Okay. In January, we're going to do a photo shoot. I'm going to start showing some serious, I'm going to do some serious flexing. I'm going to do a flying psychic. Does that make you feel secure?
Starting point is 00:44:09 Totally. What the hell is going on here? Everybody's putting out boxing and boxing. fighting videos and I'm an actual MMA fighter. I'm an actual black belt. I'm going to start flexing here. Pull up my, that's it. It's starting right now. Go to Instagram.com slash, I think my
Starting point is 00:44:22 old account, Jason Kalakannis, or maybe it's on slash Jason, and pull up my spider kick and my double front kick. This is my literal favorite show that we've done in ages. This is the best show we have done. I am coming out. Since I got here. This is it. I am no longer going to sit back and be passive.
Starting point is 00:44:39 I'm making an MMA fight video. Dude, we just figured out your PR stunt. You need a challenge Zuck to a fight. Whoa, that would be next level. Oh my God, I didn't think about it. Fifty one year old JCal versus what is he 40? He's got to be 10 years younger than me. He's still, I feel like he'd, yeah, maybe. I got to be honest. I got to be honest. It's a hell of a fight because he's got, he's 10 years younger than me. And like, it really does change from 40 to 50. Number two, but I have obviously have techniques. The amount of power I can generate is three times more than his, period.
Starting point is 00:45:16 Full soft. But let's put the pause on that for a second. The other thing is, he's got Aspy focus. Like, I got a lot of friends who are Asperger's. And he's obviously on the spectrum. He's been public about that. Those Aspy guys, when they get in a zone, scary.
Starting point is 00:45:33 You know, yeah, I mean, his training, if he takes training seriously, like, he's got a level of focus that I may not have. But this is going to be. He appears to. Yeah. Take training seriously. I don't know if they found photos of me flying through the air, because I was a specialist at flying kicks. I will say, though, you're not going to get credit for videos from like 20 years ago.
Starting point is 00:45:53 Like, I'm sorry. It's not going to count. It's not going to count. That's okay. That's okay. I don't need to do flying kicks. I mean, when I start putting out some sidekick videos and I'll get the, there's a machine that records your power for a sidekick and for a roundup kick.
Starting point is 00:46:06 And yeah, we'll put an end to all this discussion and speculation very soon. So that's common. I will say I texted my son and he hasn't responded, but I am remembering that literally yesterday, he texted me and his dad. And he was like, hey, can I start taking boxing lessons? Perfect. I think that's what it is. I think everybody's realizing this is it. Okay.
Starting point is 00:46:26 So listen, I think Zuckerberg, you know, obviously has no original ideas. He steals everything. And so I think a couple of years ago. He's literally just trying to do what Joe Rogan did. So he's going. Oh, the Mark Zuckerberg podcast is coming. Oh, no, Zuckerberg's going to launch a pod. Oh, my God.
Starting point is 00:46:46 That's what's next. Suckerberg is going to get to amically, what do they call it, conscientious? Conscious, conscious, consciously separated? Decoupling, yes. He's going to consciously decouple. He's going to start dating some star. Like, he'll be dating Lady Gaga or something. I don't know.
Starting point is 00:47:05 Pete Davidson, come on. And or Pete Davidson. They could be a thruple. It's a thing, apparently. It's a thing. Yeah. Yeah. If you're on the Bay Area or a burning man, it's thrupling. Meet my wife and my girlfriend and her girlfriend and we're a thruple.
Starting point is 00:47:18 Okay. Interesting. So he'll be throupling and he'll have a pod. This is my bet because this is, if this was an iPhone video and it was a straight shot and it was 15 seconds of him just throwing three punches and a kick, this would not be major news. The fact that he hired a steady cam, I think it's a red camera probably because what you'll notice in that video is they're actually slowing down certain parts of it. So this is about a $30,000 edit job, I'm going to say, to shoot and edit $20,000 to $30,000 to make a video of that quality and that length. And I don't know if that's what he paid. He might have to say a friend, but I would say between $10,000 and $30,000 to put that out. And that was done by Facebook,
Starting point is 00:48:00 PR, as a deliberate strategy. Yeah. This is an image building, an image campaign, 100%. You are so correct. Now, back to Instagram. going to help us. He at some point realized how much money was being spent on e-commerce because he has the data because all the e-commerce stuff was being spent on his platform. And he said to himself, if I'm going to get the headwinds of Apple not letting me target people, and then what that means is that Amazon's not going to be buying ads, right, or not as many.
Starting point is 00:48:31 So what do you do? Well, then you incorporate Amazon and marketplace as eBay. You lose eBay and Amazon as advertisers are two of the biggest advertisers on the internet obviously. Do face, on Facebook, do the marketplace, Facebook marketplace? Yeah, Marketplace. So does Facebook Marketplace to compete against Amazon?
Starting point is 00:48:47 Then he uses Instagram to try to do it. Okay, one out of two were. Great. But now he realizes I got this other war going on. I got to fight the other war on the other front, which is TikTok and the amount of of balls he's losing. And so he grows some balls, apparently. And he's going to go, balls out.
Starting point is 00:49:04 I mean, this really can't circle. I'm talking eyeballs, Molly. He's going eyeballs out. It's really careful circle again. beautiful. He's eyeballs out. We're so good at this. He's eyeballs out. Well, I, I like how we're just like spilling the tea today. So should we just gossip about Apple and their sad little announcements that are all in service of, I think we can sum this up by saying everything we said the other day was right. Okay. That everything that developing is in service of AR and VR and BR. And so it's just
Starting point is 00:49:31 going to be boring as hell for an incremental nonsense. Yep. No M3. Not even AirPods, not, not, no upgraded AirPods Max or whatever. the over the ear. I think some new version of the AirPods and then like a bunch of really expensive watch things and then a new phone that's just like the old phone. You know what I like, I like when you throw it a clip and we watch, you know, 48 seconds of Tim Cook at the empty campus. You know what we should do is we should watch 48 seconds of Tim Cook at the empty Apple campus and that will tell us all the all we need to know. Great. I knew you're going to do that. Yeah. I felt it coming. 48 seconds. We'll see you on the other side.
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Starting point is 00:50:52 And with the charging case, you will have up to 30 hours of total listening time. I want the bionic ears. Blade runner. If he hurts after a while, like just give me the implants. I'm ready. Put it in my ear. Cut my ear up. I'm ready for the implants.
Starting point is 00:51:05 Apple ear. Can you imagine you had an Apple urine? And then they start playing ads to you. You're sleeping and they're doing subliminal ads? They really would. Where are the anti-ads? But Apple is now doing subliminal messages to you. And that right there is pretty much, pretty much all you need to know about the Apple event today is that it was none of that. No AR, no VR, no VR, no implants, just more phones and headphones. Just more craft for your landfill. Here's a good idea. Is there a video crew out there? Please leave all this in the show, by the way. Is there a video crew out there who could make parody Apple announcement for us? And Molly and I, I'll play Tim Cook. Molly will play one of these VPs.
Starting point is 00:51:45 One of the rando ladies that they pull up because they don't have any ladies in the C-suite. Yeah. Yeah, one of the marginalized women who nobody knows who they are. I'll be the token. That's fine. You can be the token and they'll be like VP of tokenism. Like, do you notice that they know, when they have women, do they actually give their titles and the titles have anything to do with power and driving stuff at Apple?
Starting point is 00:52:08 Or are they... I mean, it doesn't... Even if they do all of that, there are no women in the Apple C-suite. How could a woke company... That's not true. Really? There are no women in positions of...
Starting point is 00:52:21 That's pretty telling, actually. If I would make a guess, I have not looked at their leadership page in 10 years. I'm going to guess right now that they will have some tokenism. Oh, I'm so wrong. One. There's one. Okay. Hold on.
Starting point is 00:52:34 I'm not looking at the page, I promise you. I'm going to guess that the one token woman on the leadership team is in the job function of either, this is going to get meta.
Starting point is 00:52:46 They're either in comms, PR, marketing, or actual diversity. So actually, okay, I found two. Like,
Starting point is 00:52:55 they're not going to be in charge of a product or technology. Deirdre O'Brien is the senior vice president of retail and people. Okay, people, exactly.
Starting point is 00:53:03 Like, it's a soft title. It's a soft title. Nailed it. Got it. Catherine Adams is Senior Vice President and General Counsel. Again, nothing to do with technology. Right, exactly. She's their head lawyer.
Starting point is 00:53:15 So the two women to have no impact on product. And then if you go down to page two. Okay, next level. Below the fold. Was that two of ten on the leadership or two of seven? I'm just... Four, eight, twelve. Two of twelve.
Starting point is 00:53:29 So less than about 18 percent. On the like front, you know, the top page. Then you scroll down a little bit. Lisa Jackson, who I've talked to, who's vice president of environment policy and social initiatives. Oh, does that have anything to do with product technology or any of the products that delight customers at Apple? No, great. Three for three here.
Starting point is 00:53:45 Three for free in. Exactly. Their vice president of worldwide comms. Four of four. Four of four. Okay. And then you have this kind of vague, which might be a huge deal, but I'm not really sure, vice president and managing director of greater China.
Starting point is 00:54:00 No. No. That has to do with supply chain. business operations. Although under Tim Cook, business operations is, that's a voluntary role. I'm not saying any of these positions
Starting point is 00:54:09 are not important. What I'm trying to make a point here is even the most woke. Of 18. Of 18. Okay. 18 out of five and fine. I don't know that that number is disastrous.
Starting point is 00:54:22 Obviously, you'd like to see it be higher. Yeah. But let's just assume that's not a disastrous number compared to their contemporaries. What I want to point out is... There are two people of color.
Starting point is 00:54:32 both of whom are women. None of the men are, all the men are white. Here's the thing. Yeah. If you, this is the point of feeling. Also,
Starting point is 00:54:42 don't say woke. Woke is code in today's America for I don't want to have to see any black people. So I'm just saying well, at a company that touts its progressive values. Okay, sure, progressive values. That's what woke means to me.
Starting point is 00:54:58 I'm sorry. But what progressive values, a.k. For most people, or maybe not. Nope. I'll have to look it up. The consensus to me is woke is like virtue signaling. Why do people think that the new Lord of the Rings series is woke? Virtue signaling.
Starting point is 00:55:16 I'll tell you, because it has black people in it. Oh, is it really just code for, in your mind, it's code for I don't want to have to either see or talk about black people. Okay, fine. I thought, for me. Maybe also like women or people of color, but mostly it's like I don't want to talk about all that crap because I find it annoying. I thought woke was virtue signaling. So anyway, let's put it aside here.
Starting point is 00:55:37 I'll meditate on it. I always take your... I always take your... No, you're closer to the definition of work probably than I am because I'm a moderate. And then I have friends who are on the right. You have no friends on the right. I'm a moderate.
Starting point is 00:55:52 I'm between these two groups. Over here, I'm holding the line with my right-wing friends. And then over here, I have my left friends. and I'm just sitting here in the middle of my little independent self. Here's the thing. Of those five positions, the point I'm making is Apple has given,
Starting point is 00:56:08 has obviously put a lot of work into this, and the president is an openly gay man. This is massive progress in the world. And they have a lot of diversity on that page. Fantastic. And I'm sure inside the organization, they put absolutely a ton of money into an effort into diversity and inclusion.
Starting point is 00:56:26 You would agree? Maybe more than any company. they put more time and effort into it? Apple? Yeah. Of tech companies. You think they put more of tech? Of Facebook, Google, Microsoft.
Starting point is 00:56:39 Would they be number, they would be, they take it seriously is what I would say. I would suggest that Microsoft has probably done more than Google or than Apple. Okay. But would you say they're taking it seriously and put a lot of effort and time into it? Clearly, right? I don't know. Are they? Okay.
Starting point is 00:56:53 I think so. Is that an Apple's message? Is it your sense that Apple talks about that a lot? I do. I do think that they care about it deeply. Yeah, like anytime there is anything that has to do with diversity inclusion, they seem to be talking about it and involved in it. You know, Pride Month. Anything that has to do with diversity inclusion, I feel like they are talking about it and involved in it.
Starting point is 00:57:15 That's what I think. I'm not even really bashing Apple. That just isn't my perception of them. Okay. Yeah. The point out of my time is when you look at these pages, I think people are trying to make the pages look better. And the classic playbook that I see. and I'm not even making too much of a judgment on this
Starting point is 00:57:32 because these are obviously very important roles in a company like General Counsel is a super important role. Being in charge of China at Apple is really important. It's a big deal, yeah. But I encourage people when they look at these to just think how much of this has to do with the core business in terms of the impact on touching the customers, right? And I think what we just proved here,
Starting point is 00:57:54 I guessed that the majority of the titles would not be this person's in charge of chips this person's in charge of the app store this person's in charge of what you know software technologies software engineering services
Starting point is 00:58:09 machine learning AI yeah not one not one not one so still work to be done is what I would say and I'm sure they're aware of it
Starting point is 00:58:19 and I actually think they probably have great intent so they have it folks I don't want to make this like you know too much of it but I do think that that's typically what I see. And in VC, we see it a lot too. So if you do this at a VC firm,
Starting point is 00:58:33 who's meeting with founders, who's joining the board, who's writing the check, and then who's doing PR, who's doing accounting, who's doing backend ops, who's doing human resources, women.
Starting point is 00:58:46 Yep. And they're like, oh, we just put a woman in that spot. We get our little checkbox and we don't have to let them near the actual business. I don't mean to be cynical. No, that's 100% it, and we all know it, and the more we say it, the better.
Starting point is 00:59:01 It's great. Yeah, I mean, I just, listen. Let's be honest, you know. I'm sure they're working on it, and it might be that, like, the hardware division has been 94% men, and there's 10 men who've been working at Apple for 30 years who have the DNA and who are really good at that top job, and it's a logjam of absurdly qualified men, and it's just going to take time for them to mentor more people into those roles. who have the same, you know, pedigree
Starting point is 00:59:29 and who deserve the job. You know, it's got to be a meritocracy. You don't want to put the sixth best person for it, but there's a lot of work we have to be done in our industry, is I guess the point here. Absolutely. And also. And also.
Starting point is 00:59:43 Boring event. All right. So anyway, they did something with the watch. They're doing an ultra now. What is an old? Wait a second. Apple Watch Ultra. They made one that costs more.
Starting point is 00:59:54 I mean, what do you like? Oh, so it's ultra expensive? It's expensive. It costs more and it includes cellular instead of you paying for that extra. Well, that's the same thing. If it costs more and they include it, that's the same thing. You either paid for it to your cell phone carrier. This is just them taking the money instead of Verizon, I assume.
Starting point is 01:00:16 And then it's like more beefy for if you're an ultramarathoner or a diver. Oh, look at that 36 hours of life on a single charge is nice. placement. Oh. Perhaps. All right. I'll buy it. I've been digging my watch.
Starting point is 01:00:28 I'll buy this. I'll buy it. You know what I'll buy it? They got me on 36 hours of, well, yeah, I'm going to be doing my, you know, my, my, my, my, my, my, my, my, my, my, my, my, my, my, my, my, my, it's hours to me as a game changer. That's how my, that's how my, that's why I love Fitb for many years, but they kept breaking on me.
Starting point is 01:00:44 So I went Fitbit to Apple Watch. And the Apple Watch, I only moved to it when I could get a 24-hour charge. Yeah. You know? Or, or it kind of barely gets there. I will say I find the battery life of the Apple Watch to be sort of specifically irritating because it's not a full 24 hours. And I want to wear it at night.
Starting point is 01:01:03 Yes, but you have to charge it night. As my alarm. And sleep. And sleep. But you really kind of can't because then it's dead by the morning. And so you have to like try to and sometimes it dies and then the wrist alarm doesn't go off, which sucks. Yeah, it's a problematic battery life.
Starting point is 01:01:18 36 hours would be much more manageable. What about the, what about iPhone 14? Let's get to that. Because that was, you know, like, that's a number change, right? We all have the 13 max, whatever. Yeah. And they went to 14. So what is new and interesting about 14?
Starting point is 01:01:33 Okay, here's what's shocking, actually, about iPhone 14. Still no USBC charging. I mean, the fact that we're still talking about is just dumb. I'm actually astonished by, no, I am legitimately and sincerely shocked by that. Like, considering that the, I think that you is going to start to regulate it. We're talking about regulating. India, I think India is on. on this? Yeah, India's on it. Yeah. I cannot believe that they're just like, here's a phone.
Starting point is 01:01:57 It has a fancier camera. You can no longer get a small one, the end, and no USBC. All right. You know what's also dumb about this? I'm trying to find an adapter. Now, if I want to have my, I got my MacBook Pro here, M1. It has four USB, or one, two, three USBCs, which is wonderful. Two on the side, one on that side. I really do love it. And I always carry with me those little dongles where I can plug in the USBC and then get the old style USB 2 port. Yep. So I can plug in something like this.
Starting point is 01:02:32 USBA. USBA. So USBC to USBA, you can buy Anchor three packs for five bucks. And I put those dongles like I'm putting peanut peanut pin and M&Ms in a jar. I keep two in every bag. I throw them in my backpacks. I put them in my desk drawers. They're cheap.
Starting point is 01:02:47 Why can't I have the same exact thing that goes into my iPhone with a lightning connection and gives me a USBC on the other side. Nobody makes them. If we had that, it would be the exact same as having USBC, because you would put one in the bottom of your goddamn iPhone and turn your iPhone with a little, just a little extra little dongle-y or adapter, and then you could just keep a USBC by your phone, by your desk, by your car, and keep that little dongle there. And you could attach it to the end of the cable.
Starting point is 01:03:21 because I have anchor cables which have the extra dongle so I can change it from USB micro to USBC to iPhone Lightning. Why don't I have that little don't? I don't know. But why do you need that little don'tgle?
Starting point is 01:03:35 Is the other question. I mean, I would hold on to a phone longer if I had that because then I would just have one cable to charge them all. But yeah, like the EU has agreed to mandate USBC by 2024 and Apple disrupt a phone that still has lightning. I don't understand.
Starting point is 01:03:49 But I will say, I'm not getting a new iPhone until it has USBC. Like the 13 Pro is a great phone. There's no reason for me to upgrade. And I'm just putting you guys on notice. Like there's no, I'm not doing it. Yeah, but now they have to replace it. Oh, right.
Starting point is 01:04:04 You know, this is a thing about it. They had to be forced into that. Again, this is like so lame. So bad for the environment. And again, it's three different cables to charge. Like some like to charge my MacBook. Oh. and watch is three different cables.
Starting point is 01:04:23 You've got to be freaking kidding me. So done. We do this every time. This rant is so tired. It's so tired. Anyway, let's move on. I would like to do the pot.
Starting point is 01:04:31 There's a, yeah, but I want to do the one positive story. Oh, yeah, let's just do this. We got all want one here. Yeah, this is a great story,
Starting point is 01:04:38 actually. This is fantastic. So we have a terrible digital divide in this country. The gap between people in America who can get broadband internet and who cannot, is extreme and appalling and hits students the hardest, especially during the pandemic. I mean, you had kids like camped out outside libraries trying to get Wi-Fi so that they could
Starting point is 01:04:58 do schoolwork and school districts have been put on the hook in some cases for solving. They spend millions of dollars during the pandemic giving kids hotspots to take home. So now seven U.S. public school districts have announced or are already piloting Starlink Internet access for student homes. homes for rural students' homes. And this is amazing. Wait a second. It's fantastic. So this is not for the schools' internet.
Starting point is 01:05:27 They're saying, we're going to pay for our students to have internet at home? 400 households with 700 students are using Starlink under a $1.2 million grant from COVID-19 school relief money. Some students live in remote areas more than 50 miles away from their schools. Wow. That's an hour or more community. right. Schools are unsure if Starlink will be sustainable solution to do with the cost. Okay.
Starting point is 01:05:51 So yeah, it's for homes. It's amazing. Well, I mean, if we think about which homes cannot afford broadband. Or can't get it. Okay, there are two issues. Yeah, it's both. The two issues, right. Most, I'm trying to think, because I think broadband is down to 40 bucks a month.
Starting point is 01:06:09 So that's, you know, three hours of minimum wage. Yeah, that would be three hours of minimum wage in the country, generally speaking, or average wage. So it's within reach of almost every household. We have 80% penetration, I think, broadband in the United States at home, 70, 80%. So we're really dealing with a very low number of households here. 42 million, according to the FCC.
Starting point is 01:06:34 Wait, 42 million households don't have broadband? Don't have broadband? Okay, so of those 42, how many can't afford it? It's probably 10%. So we might be talking about only 4 million households. or it's a financial issue, and then maybe the rest is because they can't get it. We have to understand that number
Starting point is 01:06:51 because there's three reasons they don't have it. It's not available as one, which is now solved by Starlink. Number two, they can't afford it, which is solved by Starlink in at least half the cases. And then number three is they don't want it. Starlink is expensive. It's, yeah, I think you can get it for 80 bucks a month, too, I think.
Starting point is 01:07:12 But it's not cheap, but it will come down by 50%. Sure, but it's $600 for the equipment and $110 a month for the service. Yeah, I would not assume. One thing I would push back on is that I wouldn't assume that the $40 a month broadband pricing is actually available in rural areas. Like what you're dealing with is regional monopolies. A lot of times it's satellite. They can kind of charge whatever they want and they do, right?
Starting point is 01:07:34 So that you've got like maybe AT&T, some satellite service out there and it's 80 or 100 bucks a month because who's competing with them? No one. And the infrastructure doesn't exist. So it is a combination. It's pricing in some cases and just simple availability. Like there isn't. So let's say, you know, let's just do back with the emblem out.
Starting point is 01:07:52 This would be like $500 a year of, this will wind up being $500 a year, I bet. Like $40 a month, $50 a month, $40 a month is where this is headed. Because there's going to be two competitors to Starlink that are coming, right? Amazon's, but backing one and there's another one. So I think this trends down to $40 a month, which is $500 a year. I'm just thinking like two years out. Let's say of those $40,000. million homes, half of them choose not to have broadband, which I think is reasonable. And then
Starting point is 01:08:17 half of them is because they can't get it. Let's just say of those, five million. We got the research on that, by the way, six percent cannot get it at all. Six percent of the 42 million simply cannot access it. Got it. Okay. It's not available. Yeah. I'm going to go with five million homes or need to be addressed here. Just for a number. Could be 10. It could be two. Let's just go with five million. Five million dollars. Two point five billion dollars. Two point five billion dollars. Two point billion dollars, if you divide it by 330 million Americans, means that each American would have to pay $7.50 per year to get those other homes online. And now, if you made it only the responsibility of the top 10% of society, i.e. you and I, in terms of our salaries,
Starting point is 01:09:08 that would be 33 million Americans. If 33 million Americans, I'm talking about me, you, Molly, and anybody else who is hearing my voice who makes over six figures a year in household income, top 10%, right? Or maybe a little bit more than that in a household income. It would cost us all, but $75 an extra tax a year to take the bottom of society
Starting point is 01:09:29 in terms of need, the most needy, to get those 5 million households online, and each household will have three people in it. So you're talking about, you know, the bottom 5% is 15%. I'm just talking about in terms of income, I'm not making a judgment on anybody's character, but the lowest income, I guess it would be the nicest way to say it.
Starting point is 01:09:47 I'm trying to be as sensitive. Right. So at the top 10% want to take care of the lowest 5% in terms of income, it costs us but $75 a year. Molly, may I ask you a question? May I tax you $75 a year to take care of the weakest amongst our society? Okay. May I charge you $150?
Starting point is 01:10:07 Yes, 100%. $300. May I charge you $300 a year, $1 a day for you to help these other people? Yeah, for sure. Okay, so anyway, what are we talking about here? Pay for it. Just pay for it. Just pay for it.
Starting point is 01:10:19 Charge the top 10% of society, $75 a year. I'm sorry for cursing, and just give these people broadband because they can't be part of society without being part of broadband. This is an easy, easy, easy, easy thing for us to do as a society. There's nothing controversial here. Just do it. I love your socialist outlook here. I can't wait to tell you about the $200 billion that we taxpayers gave all of these telco providers. to build out their infrastructure and they never did it.
Starting point is 01:10:46 They never did it. They didn't do it. Well, this is why private markets are so important competition. COVID, yes, boom. Like now Starlink exists. Suck at AT&T. You have no more excuses. AT&T, take a long, hard look in the mirror. You're horrible humans.
Starting point is 01:11:01 Horrible. Horrible human beings. And a shout out to my guy for, you know, this is going to be a big part of his legacy, I think, like a really bright, awesome part of his legacy. And I'm really excited for him and for all these people who can't get access to the internet because let's face it, if you have access to the internet,
Starting point is 01:11:17 you're gonna, you're gonna do really well. You're gonna do really well, you know, and everything's gonna go your way. Literally, you can learn anything you want. Like, I'm gonna try to figure anything, but I'd say nine out of ten skills that are important in the world, you can just go on YouTube and learn.
Starting point is 01:11:34 I mean, I really would like to hear somebody tell me 10 skills that you can't go on YouTube and get to 50, 60, 70% proficient, you know, proficiency on. We live in the matrix. We live in the matrix. You can jack in like freaking Neo in the matrix and you can learn whatever you need to learn. Just do it.
Starting point is 01:11:50 I mean, as a society, listen, I'm not a socialist. I am a pragmatist. What I will tell you is as a pragmatist, if this $75 investment for the top 10% of society means that there'll be more people to work at my company, more people who don't make bad decisions in their life
Starting point is 01:12:08 because they feel helpless and not part of society, and then they do something that's, not constructive for anybody. You know, like... More founders. More founders. More entrepreneurs. More developers.
Starting point is 01:12:20 More just people contributing to society. And also a happier society. And so for me, to be able to drop 75 bucks, which let's be honest is what I'm going to drop on the stupid lobster salad today when I'm meeting with the reality TV producers to go full circle because I want to impress them to make sure they understand that I'm going to order the most expensive salad so that they have respect for me because they only respect people who have money. And that's how society works.
Starting point is 01:12:42 And I'm just gaming society. I'm going to spend 75 bucks on a salad, you know, with the tip and everything. I don't care. Like, just please pay for this. Get it done. Okay, everybody, that's it for the news. Next up, Molly's going to join me for the Blueprint Episode 9. I know.
Starting point is 01:12:58 I'm so honored. Hey, everybody, welcome back to the Blueprint. This is part nine of our 10-part, Quick Hit miniseries. We're trying to do things in 10, 15 minutes or less that help you dramatically. And when I say dramatically, I mean, like, they just alter the course of your life. We've done eight of these. They've gotten really well. I've gotten incredible feedback on these and I thought I would bring my partner in crime, my sister. My Molly Wood, to talk about being delusional and setting absurd goals inside an organization for yourself. Welcome to the blueprint
Starting point is 01:13:29 for the first time, Molly Wood. I'm so excited. The blueprint is my favorite. Well, you know, listen, you have become extraordinarily successful. And I think it's something that people should also hear about. You went from, you know, a small town and wound up at CNET the New York Times, NPR, public radio, whatever, marketplace. I'm not sure which part of public radio that was part of, but these are like three of the top names, in fact, the three top names, probably in technology and reporting that there are. This is like as big as it gets. And then you became a venture capitalist, which six or seven journalists have ever done in history, Michael Moritz, myself, O'Malley, M. G. Siegler. It's a short list. So you know this better than anybody.
Starting point is 01:14:17 Poor guy. He's choking. Jason's like, uh, uh, ah, uh, no, I mean, you do know it better than anybody. So how did you, how did you manifest it? Because let's face it, also you were a, um, I'm not sure if you're aware of this. You were also a woman intact during an era when there were very few. And the women in tech in the 90s into the 2000s were in relegated to positions of PR and marketing and very rarely even reporting because, hey, that was serious guy stuff. But you could certainly do PR. How did you have the chutzpah? And what was it like to sort of break into that? Well, I mean, this is perfect actually, I think, because the thing we want to talk about today is this idea of sort of magical thinking of not being held back by logistics or of using
Starting point is 01:15:08 logistics in your favor. And so, I mean, the simplest answer in the first place is a series of happy accidents, but what I really did become in my career is an entrepreneur. So at CNET, we were not only reporting on the digital transition, we were building it, right? We were creating one of the first video portals on the web at the same time as contemporaries with YouTube. we were creating podcasting. We were developing CRMs, that we would, you know, content management systems that were CMSs, that we would then sell to other publishing companies. I wrote a business plan for a 30-minute broadcast quality web show that we then used to get
Starting point is 01:15:50 a video on demand deal with Microsoft. So there was a lot of sort of internal building that was predicated on the idea that I would have a crazy idea, but that it could get done. and that if somebody was like, that's a crazy idea, I would be like, that's not the point. The point is, how can we do it? Now, when you were hired, they hired you to be talent, if I'm correct. And I would like to understand when you decided, okay, you know, here I am being the on-air talent. Did they allow you, encourage you, or dissuade you from writing the business plan?
Starting point is 01:16:30 from researching the technology that's out there and saying, hey, this is the direction we should go in, both as talent and as a woman in tech. Because both of those things, I would think would be headwinds. At CNET, actually, I was totally just a little grunt reporter who was spotted and developed into talent. And then I was encouraged to come up with show ideas and write a business plan for the show. So it all depends on where you are and how willing they are to engage in that type of magical thinking. for example, CNET was like, let's go. Let's develop a video portal. Let's invent podcasting.
Starting point is 01:17:03 Why was CNET like that and why was New York Times, I assume, not like that? Right. New York Times, not like that. I don't know. So explain to people who are young in their careers of why like an older institution like the New York Times versus a startup like CNET, which literally was a startup, why the difference in going to work at those two places, what the pros and the cons are for people who are starting their career here and looking at your blueprint. for, you know,
Starting point is 01:17:28 becoming Mollywood. It is, I love that this is the blueprint for becoming Mollywood. I didn't see that one coming. Startups have a different mentality because they have not yet found the core of their business.
Starting point is 01:17:44 And they don't have such brand legacy kind of brand detritus in a way. So they can try new things. They can experiment with, they're also trying to experiment with new business models, right? Because you're trying to grow your business. You're trying to figure out what your business is going to become. What is your ultimate product market fit? What other products can you add on that might be additive revenue? And then what happens is that's a very fun time to be at a company and you have a lot of people who really want to achieve and, you know, they're hitters and you're playing with the A team and you're developing and developing. What happens as a company grows or becomes legacy like the New York Times or CNET after CBS bought it is that eventually you do have a core business. business model. And if you're not part of that core business model, it can be a lot less fun. And your entrepreneurial streak will be less welcome. So at the New York Times, you know, tech is not their core business model. It's just not. So I had two things going for me or against me
Starting point is 01:18:45 there. One, I was covering tech at the New York Times. Now, they did put money into covering tech. It's like a big story, but they didn't really know how to do it. And what they really value is like being a foreign correspondent or politics coverage. Yeah. So I would say wherever you are, try to be close to the core of power because you will get more resource, you'll have more freedom, and you'll be able to play a little bit more with your job. So there are, there are in fact organizations that are encouraging innovation, play, new ideas,
Starting point is 01:19:18 new projects. And then there are ones who are concerned about damaging the core products that they've spent a century or to building and refining. The New York Times has something to lose their reputation, you know, the quality of the expectation of when somebody comes to a New York Times thing, that it hits a certain standard. See that, people may have never heard of it. The first time they hear about it might be this new podcast web show. It might be this new blog.
Starting point is 01:19:45 It might be this new TikTok channel. So they're going to allow young people starting in their career to maybe have a little more agency, a little more creativity as they triangulate on a business model. I think this is really important for people to consider. The stage, the age, and the brand of your company matters a lot. When companies are building and they're trying to establish themselves, you will have some more freedom. Or when you get to Marketplace, which is American Public Media, no one knows the difference
Starting point is 01:20:12 between them and NPR, but they're both big national and public radio brands and kind of frenemies. you have an aging business model and a need for innovation. And then you can have some fun too. Then you can really be the entrepreneur. You can come up with, I like to call them the moonshots. Like, you know,
Starting point is 01:20:31 I was like, hey, guys, let's do a deeply reported four-year ongoing series about climate tech and then cap it off with a eight-episode narrative podcast about lithium and battery technology. And they'll be like, that sounds like,
Starting point is 01:20:46 You go to CNET, this is the blueprint for Becoming Hollywood, you go to CNET, they give you a lot of freedom, there's nothing to lose, you go to New York Times, you get massive credibility. Yeah, and then you go to, you know, marketplace NPR, and they're having their lunch eaten by podcasts and other competitors. So now they're like, you know what, we do need to innovate, we do need a little of that pixie dust, we do need to try new things, and you pick a category that is underreported and that is going to be important in the world. So you found a topic that you could connect yourself to and you could skate to where the puck is going, as Wayne Greske would say of why he was such a good hockey player. He wasn't skating to where the puck was. He was thinking about where it's going.
Starting point is 01:21:29 Now, if you go a little bit to where the puck's going, there may not be anybody there. You may get there and it's kind of lonely. And so this is a little bit of a skill to pick something and be a little risk-taking, maybe unpack a little bit of how you identified that as something that not only what you're passionate about, which is important,
Starting point is 01:21:49 but that was important to the world. I think that is so, that's a really good observation and it's 100% true. And it was true at the time that I was, you know, identifying tech topics. Like, I think, considering the tech press, I was relatively early to be, I have a video from 2009 that says,
Starting point is 01:22:05 is Facebook evil. Like, I skated a little bit to the like, hey, guys, maybe tech isn't as great as we all think it is. Yeah, there could be downside here, yeah. Could be a little bit of a downside. at the New York Times and certainly at Marketplace, I worked really hard to reframe tech as the biggest business story in the world
Starting point is 01:22:21 as these companies were starting to become the biggest businesses in the world and to say, I know you think that tech is a topic, but the tech beat, what I saw is that the tech beat was becoming the electricity beat. Like, what is there to cover about tech? Tech is, it is all. It's everywhere.
Starting point is 01:22:40 There is nothing that is not a part of that. Tech is life. It's impacting every aspect of life. There is nothing. that is not being impacted. And now the reward for getting there early is something I think we need to discuss. So when you're picking like this new project to do and you're picking a new topic
Starting point is 01:22:56 and you're trying to manifest it, you go into it, I assume, with, well, obviously this is going to be important. And part of my job is to get people over here to join us, right? We're all over here where the puck is. Y'all are back there talking about, you know, websites. We really kind of need to talk about temperature, batteries, solar, you know, EVs, and everything else that's happening there. It's kind of fun to get there
Starting point is 01:23:24 early. It's like the, and have people arrive. Speak to the credit you get when you do hit that because you could make a mistake. You say, hey, listen, you could be in the same time period in 2009, you could have said, listen, I think this, you know, VR thing is going to change everything. And you could have went over there and nobody shows up for your party, which is basically this happen with VR, right? Just sitting there, like, waiting for people. Now, listen, it might, when Apple shows up with their headset and AR shows up, maybe that party is going to be kicking.
Starting point is 01:23:51 But a lot of people I know started making investments or building companies, and they thought, well, VR's here. I'm talking about before Oculus was even owned by Facebook meta, it used to be an independent company that did a Kickstarter. And, like, people thought, this is it in 2005 to 2010. And it wasn't. So maybe talk about the benefits of actually when you do hit it. It just could be 10 years.
Starting point is 01:24:13 Like you're skating to where the puck's going. And by the way, like, it's still moving. You still got to go a little further down the ice. So let's talk about that of getting it right. Like what is the, what have you seen as the reward for having gotten climate right? I think that the reward is, for me, at least, now getting to pivot into a really active role in this business, this developing business story and getting to write checks that can enable businesses and companies to flourish and jobs to be created. I am of the opinion after 22 years in journalism that you don't actually get credit for the work that you do. And so it doesn't really matter.
Starting point is 01:24:47 Like it's great that I got there early. Maybe I'll get, you know, more speaking gigs out of it. But now is now. And, you know, for a long time, I would go into conversations thinking, these people must know about my body of work. They must know about Buzz Out Loud from back in the day or the How We Survive podcast series, which is like the best journalism work I ever did. they don't. I just assume that they don't. Maybe there is a universe in which I will become the Keroswisher of climate tech, and I hope that's the case, and I'm going to work hard at it. But the safest assumption you should have as a person who's trying to build a new thing is that
Starting point is 01:25:24 no one knows what you did before. All they know is what you're telling them now and the plan that you're bringing them. And that plan has to say, here's how we both benefit. That plan can never be, you know, here's what will make me awesome. It's like we will both win. We will both make money here. I'll tell you what it did do for you. It did build credibility and that you had enthusiasm for it. So you were credibly enthusiastic about it. And so for me, as a decision maker on the other side, saying, hey, should we give this person a shot and should we try to partner with them? It was like, well, they're credible and they're passionate about it.
Starting point is 01:25:57 And if the world notices that you have credibility about something and that you're passionate about it, well, that eliminates a lot of the risk for the world engaging with you. And I did a similar thing in a similar time period where I just said, this angel investing thing that I did as a Sequoia Scout is fascinating to me. And I just said to myself, what if more people did this? Because I did this Open Angel forum and 10 angels would come, or it started out 5
Starting point is 01:26:21 and then it went to 10 and then went to 15. And I was like, what if we actually back a company that becomes big? And we did Uber, Thumbtack, Style Seed, and a dozen others that became unicorns or otherwise big companies. And so what I did in my mind, And it was quite deliberate, I will say, is I said, what if this was bigger than it is today?
Starting point is 01:26:41 What if more people participated in it? And I said to myself, I wonder if someday I can have 1,000 people in my Angel syndicate because there's 150 people in it. And I had gone from 5 to 10 to 15 people coming live. And I had moved Open Angel to five or six cities. We're doing it in Boulder, New York, Boston, D.C., L.A. and San Francisco. And I put people in charge of each one. Chrisaka was famously running San Francisco with Kevin Rose and my first. friend Brian Alvey was running New York when he lived there. And then all of a sudden I had six or
Starting point is 01:27:09 seven cities with 10 or 15 people and it got to 100. I had the emails of 100 angel investors. And I just thought to myself, what if I added a zero? What if that happened? And what if we hit an actual deal that became a unicorn? And holy cow, both of those things happened. But then what I didn't realize was I didn't actually hit a zero. I actually hit two zeros. And in the case of we were three zeros because listen we went from a hundred angels to a thousand and now we have over 10,000 angels on the syndicate. Uber went from a billion to 10 and, you know, kind of trajectory is probably a hundred billion. And so one of the things people, I think, underestimate is scale. Things can scale. Yeah. To levels you don't anticipate. So this little podcast on climate,
Starting point is 01:27:58 you know, five part series, four parts series, whatever it is and it's seen, you know, a million people listen to it. Well, then here you want this week in startups. Okay, now we got, you know, whatever, six months of these 30 episodes of you interviewing climate people. Okay, it will be, we'll add a zero to that and it will be 300. And then maybe they'll be, you know, how many people are in the climate syndicate now, two or three hundred? Yeah. Okay, it'll be two or three thousand.
Starting point is 01:28:19 Yeah. Exactly. And then it might be 30,000. It's a snowball. Yes. And you really have to take a moment to just envision that and be delusional for a second. Yeah. And I did that inside of our company a couple of times.
Starting point is 01:28:34 and I said, well, what if this week in startups was every day, you know, like it's once a week, but what if it eventually got to twice a week, you know, with a hundred episodes a year? And then here we are doing six episodes a week. And so I encourage people to take whatever they think the scale of something is, and then just 10 exit or add a zero or 100 exit, and just think what it would do at that level. And what is now happening with our syndicate is, you know, we could do 100 million deployed a year. And then actually if you look at it, well, maybe if we had three or four times the number of people here, it could be a billion dollars to deploy a year. And so I've been just trying to,
Starting point is 01:29:10 in my own mind, expand the aperture and just allow myself to think about that. And I did think, well, what if I was the best angel investor in history? And okay, we're kind of top 10 or whatever we are, five, who knows? And then I said, well, what if I was the best investor ever in Silicon Valley? Because I got 20 years to work on it, you might as well take a chance and say, what if I was the most influential best person? And when they write the power law book two, we just had the power law author. What a great interview.
Starting point is 01:29:36 Thanks for doing it with me. Well, they're going to have to write about somebody in the next book, right? There'll be another book 20 years from now. And when they put those two sets together, we now have 1970 to 2040. That's 70 years of venture. Somebody will define the next 20 years. I just said to myself, well, why not me?
Starting point is 01:29:57 Yeah. It has to be somebody. And so I encourage people who are listening, just like you did, why are you, why not you being the number one investor in climate? Why not you having the largest syndicate? Why not you being the voice of that? Well, somebody has to be. And if you shoot for the number one and you shoot for that and you try to manifest it, well, at least you have a target. And if you shoot for the, you know, if you shoot for the stars and you get the moon, it's a pretty good deal. So I think that's the subject here of the blueprint. And any further thoughts on this delusional manifest? Custation and really trying to create new things in the world and skating to where the puck's going. I love that. And you look back on your career. The only thing that I would add to the second half of my career is that I think that I always thought big. And I'm super excited to be somewhere where instead of the opposite, the goal is to think bigger. So the blueprint really is 100% think big.
Starting point is 01:30:51 Think about a thing that hasn't been done before and say, who cares? Yeah. That it hasn't been done before. and then think what more can I add to that? And frankly, like, that literally just became my goal for the second half of my career is to add a zero to my thinking. All right. Well, it's been a great career, and it's been great work for the last six months.
Starting point is 01:31:10 This has been the blueprint, part nine. If you have a topic and idea for the 10th as we wrap this up, this has been the Molly edition of the blueprint, and just thinking about how Molly made it happen. And it's really interesting. I think we might look back on this episode 10, 20 years from now you and I and it's got a real kick out of it to see. I think so.
Starting point is 01:31:29 You know, somebody put a timer like, you know, on Twitter, they say, remind me of this, at remind me of this in 10 years. Can somebody do that on YouTube? Is there like a function on YouTube where you just email this to us every 10 years? It'll be 80 years old. Like, oh, look at that video. We actually predicted it. Molly saved the world.
Starting point is 01:31:45 She created that new fusion. She seeded that fusion thing that with the detail that created all those delicious synthetic fish that we eat now. Right? I mean, there's no reason. There is no reason that can't happen. Nobody's got to do it. All right. And so get inspired people. Yeah. Get inspired out there. Let's go. Try to make something big in the world and challenge yourself. All right. We'll see you next time. Bye bye. Bye bye. All right, everybody. That was a great show. We kind of went all over the place, Molly.
Starting point is 01:32:15 We did. We got big hotel energy. I love it. I actually love it. Sometimes we're just having some fun. I am sleep deprived. I need to get a little more sleep. You're sleep deprived. I'm sleep deprived. We're trying to catch up, baby. to the audience, we're trying to catch up. We might get there. By the end of the week, we might actually be sleep deficit neutral. So tune in tomorrow and find out.
Starting point is 01:32:36 Yeah. Maybe we'll be a mess. I'm going to want a room service to show tomorrow. Bye. Bye. Bye. Bye.

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