Trump's Cabinet, Google's Quantum Chip, Apple's Flop, TikTok, State of VC with bestie Keith Rabois
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All right, everybody, welcome back to the number one podcast in the world, the all-in podcast. With me again today, Chamath Palihapitiya, your chairman dictator. How are you doing, brother? How are you feeling?
Doing great. Fresh off the holiday spectacular.
Oh, good times. And then getting ready for a little ski. You and I will be doing a little skiing together with Friedberg. That'd be quite nice.
I have to say, Friedberg, I don't think you've skied with me and Jason. Jason is an excellent skier. I mean, his form is beautiful.
Have I skied with you, Jason? I don't think I have.
His brother is excellent too. Josh the Black Bomber is good, yeah. Shout out to Josh the Black Bomber.
It's going to be fun. He's got skiing hips. They kind of shift left, right, left, right. Childbearing hips. The hips are wider than the shoulders, yeah.
It reminds me of how I went to the Tom Ford out. When I went to Tom Ford to get my suit. I'll do that in just a second. But with us again, of course, your cackling sultan of science, Freeberg. How are you doing?
Have you guys seen that clip of the guy with the fake bum that runs around the city?
Yes, with security guards. It's like some sort of a crypto put on or something. It's hilarious. This guy, he's got like a big Brazilian butt and he just runs around in tight khakis.
Can you find a clip of this guy? Oh my God, it's so ridiculous.
So funny. All right, with us, the cackling with his afterglow from the holiday spectacular. Let's call it what it is. It's the Christmas spectacular. We're going to pick a side, Friedberg. How did you like our Christmas?
Why are you being anti-Semitic, bro?
How dare you? How dare you? You can have the Hanukkah special with your two specials. And now with us in the Red Throne, it's Fit Sachs. It is stylish, Sachs. It is. Goes to work every day in Venture Sachs. His name is Keith Raboy. How are you, my brother? Welcome. Great. Great, Jason.
Thanks. Happy to be here. You know, it's great being more fit and more fashionable than Sachs is a pretty low bar. Yes. So I'm really excited and thrilled to be with you all.
That's true.
You don't F with them.
Yeah, I don't really love dictators. They're not good for society. They're not good for America. But, you know, it's not always America's job to fix all of that.
All right. Well, what about running companies? Should company CEOs be dictators?
Yes, actually. So I believe in the founder mode, the Brian Chesky founder mode. I held a conference in New York recently that Brian was nice enough to speak at called hiring the art of hiring for founder mode. So specifically for people who subscribe founders that subscribe to that view, how do you hire people and how is that different than what you would hire in a standard, you know, monstrosity of a company like Google or something?
Yeah, good founder mode in New York, by the way, just if history is if I remember correctly. Lots of good founder mode in New York.
J. Cal, do you want to give Keith's background for the audience?
Well, yeah, Keith, of course, went to Stanford with the boys. Sachs and Peter Thiel went on to do PayPal. He had a stint at Square. He started a bunch of other companies, worked at Founders Fund.
Hold on, hold on. He worked, he went to LinkedIn. That's how it all started.
Yeah, LinkedIn was pretty key. Like Reed left PayPal, started LinkedIn.
I joined him.
So yes, that's true. And then after that, I went back with back selection from PayPal days to slide, which is on the outsheep of history. We don't have to talk about that. But then I did jump into Square as the 20th employee and helped build a pretty good company.
Yeah. And then Founders Fund. Then I got lazy.
I became a VC, you know, became lazy, you know, decided to be a VC in 2013, spent six years at Coastal Ventures, five at Founders Fund last year, almost the last year now.
Before we jump in, I actually have a question for you. Starting already. How does that happen, Keith? How do you, you're at Founders, sorry, and then you get, what, like, what pulled you to go and work with Vinod? And then what pulled you back? Like, how does that process work? Because these things are typically meant to be sort of forever jobs.
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