DOJ targets Nvidia, Meme stock comeback, Trump fundraiser in SF, Apple/OpenAI, Texas stock market
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All right, everybody, welcome to the world's greatest podcast. With me again today. The world's number one podcast. Yes, the world's number one podcast. We came in eighth last week, I think, for those of you looking at the iTunes rankings, which is absurd. We've only got to beat Ben Shapiro. Number eight across all of Apple? Something like that. Yeah, whatever their top episodes are on the weekends. Well, that means we crushed on Spotify then.
Probably, yeah, I would guess. I don't know all the rankings, but... And I guess on YouTube, we got labeled with some COVID thingamajig. I mean, what is going on at YouTube? What a joke.
Like, literally, you're labeling COVID at this point? I mean... What a joke. Oh, my Lord. So... I guess we have to, at the top of the show, talk about the fundraiser. And I guess this, like, Vinod Khosla came in hot this week and attacked the besties. Let's play the clip.
What is your sense of the shifting winds in the valley around politics? I think for a very long time, the valley was seen as sort of a liberal bastion. But, you know, if you listen to Elon Musk or you listen to All In podcast and that gang and others, it seems to be shifting potentially towards former President Trump. Is that just a small pocket or do you think that that's a real shift in terms of the way the valley is thinking politically? The first thing I would say is All In Podcast and some of the supporters there are not based in the Valley. I would say there's a bunch of MAGA extremists in every part of society. And I hope we can prevent them from destroying democracy, which is probably the most important issue we face.
All right, Snacks. Why are you destroying democracy?
Now, that's a good bit, Jacob. That's good.
Rain Man, David Sack. And it said, we open sourced it to the fans and they've just gone crazy with it. Queen of Kinwa. All right, David. If Vinod was at the conference, he got a little chippy here. Maybe he got a little bit out of line. He was a little bit out of line. What's your take?
A little bit. A little bit. A little bit. Well, first of all, Vinod should realize we're not MAGA extremists or extremists of any sort because he's at all in Summit last year. He was great. Yeah, we like what he had to say. Productive. And I certainly don't dispute his expertise and track record in tech. But in addition to that, then he's saying that we're not based in Silicon Valley. We're not from Silicon Valley. We've all been here for decades. And then he doubled down on that in a tweet. So that's a bizarre statement. Maybe he thinks he gets to define people in or out of Silicon Valley. I don't really understand it. But to be frank, this is one of a series of statements that he's made recently that I can only – call insulting and childish.
First, he had this tweet that he said that Trump supporters were lacking in empathy and caring. Then he had another tweet where he said that Trump supporters weren't teaching good values to their kids. This caused Sean McGuire, who's a partner at Sequoia, to quote tweet him saying that, I think that I'd rather raise my kids to grow up to take after Ivanka Trump than Hunter Biden. And that got something like 20,000 likes, and it was one of those brutal ratios I've ever seen on a tweet. So in any event, I mean, this is just one in a series of partisan tweets. And look, I think you can take whatever position you want on a political candidate. I can understand if he doesn't like Trump. A lot of people don't. He's raising money for Biden. That's fine. Doesn't bother me at all.
Yeah, he just had a fundraiser like two weeks ago or something.
Right, exactly. That's not an issue at all. But what I do take offense at is labeling millions and millions of ordinary Americans as somehow lacking in empathy, lacking in caring, not being good parents, because you don't like their support for Trump.
Yeah.
And I think that that is a statement that, frankly... reeks of being cocooned in an elite bubble for way too long. And let me just explain. If you look at where Trump's support is strongest, it's really in middle America, in sort of the heartland of America of what- Basically, the part of America that Coastal at least dismissively refer to as flyover country. Sure.
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