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All-In with Chamath, Jason, Sacks & Friedberg 1h 41m 7 speakers transcribed
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Chamath Palihapitiya 0:00
What did you think about that reservation article thing? Oh, that's crazy.
Jason Calacanis 0:04
Well, this is a great topic. There is a guy.
Chamath Palihapitiya 0:07
A pretty industrious kid, it turns out.
Jason Calacanis 0:09
What this kid's been doing is he's been getting Carbone reservations, other top tier reservations. And by the way, everybody's had this as an app idea. Nobody's really executed it that well. I don't want to give any plugs for any apps right now. But he has been selling $70,000. He's been flipping restaurant reservations for upwards of $1,000. Chamath, you're very industrious and you're an absurd tipper, 100% tipper minimum. I know this because when I paid for dinner one time at Carbone, you took me and Phil Hellman's cards and you said, you guys pay and I'm going to put the tip in. And then I had to sell Uber shares to cover it.
Chamath Palihapitiya 0:46
That was gross. That was gross. I've never had a problem getting a reservation at any restaurant in New York.
Jason Calacanis 0:52
Yeah, they see you coming. You know what they see? 10 dimes worth of wine. I have taught many of my friends how to get reservations. I have a series of tips that I could give, but I don't want to give too many of them away. But nobody gives tips to maitre d's anymore. Sax, you tip the maitre d with cash?
Chamath Palihapitiya 1:09
Oh, all the time. Yeah, sure.
Jason Calacanis 1:11
Of course, right? See, this is why Sax and I get along. Sax is a legit old school guy.
Chamath Palihapitiya 1:15
Yeah, Sachs is elite. He's got the $100 bill pressed into his palm, shakes the guy's hand.
David Sacks 1:21
I'll tip the bartender to keep the ice cubes cold. The bartender got $100 just for keeping the ice cubes cold.
David Friedberg 1:27
There you go.
David Sacks 1:29
Cino for you, Cino for you. Let your winners ride.
Phil Hellmuth 1:37
Rain Man, David Sachs.
Jason Calacanis 1:49
This is my tip. It has worked. I'm going to give it out here. And the reason I'm giving this out is because y'all are cheap f***s. Not you, but just a lot of y'all out there. And you don't know the art. In Brooklyn, everybody gets tipped. We tip the phone guy when he comes to fix your phone at your house. Everybody gets tipped. So here's what I would do. And you can do this with a 20. You can do it with a 50. You know, if you're going to some great place, you can do it with a 100. You fold it twice, as Chamath says. You put it in your palm. You walk up to the maitre d' stamp. If there's anybody in line, you just cut it. And you go to the side of the table. You put your hand on the maitre d' stand. You push the hand over slightly. Here's the maitre d' stand.
Jason Calacanis 2:30
You just slide your hand over and you reveal the 50. And you say, I am so sorry. I was supposed to make a reservation. I don't know if my assistant did it or not. She probably didn't. However, I'm a huge fan of the restaurant. If there's anything you could do for me, I made a stupid mistake to not make a reservation. If somebody cancels, I'll be at the bar.
100?
Jason Calacanis 2:59
It used to be 20 when I lived in New York. Now I regularly do 50. And the reason I do it is I don't like giving money to charity. I feel like these charities are all a giant scam. And I like to give it to service people.
Chamath Palihapitiya 3:10
Like, is it awkward when you tip $50 in ones like that? Like, doesn't it become really thick?
Jason Calacanis 3:15
It's a little harder to hold in your hand. I used to use a roll of quarters, actually. That was awkward. The roll of quarters was a little bit hard. The 50 is easy. I'm just asking everybody here, if you hear my voice, please go tip your maitre d' 20 or 50 and report back if my technique works. Because what you're doing in the framing is you're saying you made a mistake and then you make it so the person doesn't feel like you're bribing them or paying them off. They're helping you solve a problem. So anyway, it's kind of like when I troll David and I'm like, hey, Freeberg, with the summit, whatever. And he's like, I'll do all the work. Forget about it. You just got to reframe it. All right, let's get started here.
David Sacks 3:52
But it is a bribe. That is a bribe. It is, in fact, a bribe.
Chamath Palihapitiya 3:56
Yeah. I consider it... It's interesting you bring this up. You're creating plausible deniability, but it's still a bribe.
David Sacks 4:03
I consider it a tip in advance of services. No, you're not tipping him for good service. You're tipping him to basically break in line.

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