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David Friedberg

๐Ÿ‘ค Speaker
8269 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And it's, you know, it's pretty obvious.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

I don't know how they're running the business.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

The IRS definition of what a 501c3 nonprofit organization is meant to be doing is to engage in exempt activities.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

The definition of exempt activities is charitable, religious, educational, scientific, literacy, public safety, or fostering amateur sports competition or preventing cruelty to children or animals.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

You tell me how the 90% of what we call nonprofits today fall under that definition.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

We have completely closed our eyes to the fact that organizations, regardless of political affiliation, social interest, have fundamental commercial and probably not aligned interests with the definition of a 501 , and we've allowed them all to get away with it for far too long.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

I don't think that this is a blue or red thing.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

I think that this is a thing where we let these organizations make it easy to get money, to hide the money, and to do whatever the hell they want with the money.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And we need to stop it.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And I think that it's an amazing opportunity right now for everyone to kind of reset the decks by cleaning all this up and getting all of these organizations flushed and make sure that any organization that wants to do whatever bullshit nefarious things they want to do,

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

by all means do it, but it's not a nonprofit and you shouldn't get a charitable donation deduction and the government should not be putting money into these sorts of things.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

This is an entirely different sort of activity in the social order.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And as a libertarian, I'm all for it, but I don't think that they should be tax exempt.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And I don't think they should be getting government money.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And I don't think that individuals should be benefiting from giving them money.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And if we could fix all that shit up, I think a lot of these problems are gonna go away.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

And I think this is a major problem.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

Fire me.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

Fire me.

All-In with Chamath, Jason, Sacks & Friedberg
SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike

My job's done.