Chamath Palihapitiya

Freebird, what's your take on this reset as Chamath?

describes it do you think this is just a flight to the quality of the free cash flow of the mag six and just how much cash they print and then maybe the other ones are smaller footprints and they're just more disruptible we had this discussion many years that google and apple microsoft they would all be disrupted at some point facebook and that just simply hasn't happened they've gotten much more nimble at copying products or incorporating you know features and products into their core offering so your thoughts

There are probably three things that we would agree are great modes for businesses, brands, network effects, and the management team.

Those come into play here as well.

Yeah.

Well, I was thinking more like, obviously, Elon and Tesla is going to relentlessly innovate.

Yeah, the network effect of Apple's ecosystem, and they have hardware, right?

And they've been just on that path of making their own silicon.

That's incredibly defensive.

And they have brand, right?

So that is pretty strong for Apple.

And then you'd take Tesla, the same thing.

You got Elon, relentlessly innovating, and it's hard hardware stuff.

And then if you look at Meta and Google, these are incredible brands with great management teams and constantly innovating.

Yeah, this would be the value prop.

Most people in brands would just say value propositioning.

So JetBlue is a value brand.

Tesla Model Y, perfect example of a value brand.

And if you look at Apple's recent cohort, what did they focus on the Apple MacBook

NIO, which is a value laptop, 600 bucks, 700 bucks.