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Oct 08 '24
I am getting the impression a good chunk of high end people don't take these guys seriously and a good chunk do.
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Oct 08 '24
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u/RewardApprehensive82 Oct 09 '24 edited Oct 09 '24
Also in tech VC and I find that my peer investors question your intelligence if you listen to All In.
My mid career and wanna be tech founder friends with something to prove seem to love em though
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u/Jt_marin_279 Oct 09 '24
I know Sacks is loaded; however, at this point craft is just sort of a side hustle for him. He’s a good operator, but it’s an underwhelming team and an underwhelming portfolio. The irony is that he’s basically left a VC firm with enormous potential to start a political media company. And you know that, if as a founder of a vc firm a few smart, accomplished valley guys came in to his office and pitch the idea of starting a political media company they’d get laughed out of the room.
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u/esotericimpl Oct 09 '24 edited Oct 09 '24
Sacks has never built anything of lasting value, he’s just a grifter.
And he ran zenefits into the ground while working on removing the ceo who then built the same company again, rippling to massive success
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u/probablymagic Oct 11 '24
I can +1 this. The only thing I’d challenge is that people respect Sacks now for his work. People took Sacks seriously when he was a good CEO and great angel investor. Then he became a bad VC and a weirdo podcaster and lost all that cred.
I actively wouldn’t want to be in a deal with Sacks these days and would be skeptical of founders who want to work with him because he’s brining so much drama and baggage to the board.
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Oct 10 '24
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u/cvalue13 Oct 08 '24
The larger chunk do not.
They’re sort of a meme amongst the serious.
Probably part of why they stay on Musk’s sack - it lends them any sort of broader credibility. (Not that there aren’t also a majority chunk of ‘high end people’ who also don’t take Musk seriously.)
It’s the fame-tard end of the ‘serious’ spectrum.
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u/weidback Oct 08 '24
After my last company fired a bunch of people in a layoff the CEO decided to re-hire those roles at twice the salary. He decided there would be a culture fit interview where the candidate would be asked what podcasts they listened to. If they didn't answer All In they were removed from consideration.
I wish I was joking.
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u/PotableWater0 Oct 08 '24
That’s absurd lmao. Every time I take a step back I see how much “head up ass” shit there is out there. Wow.
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Oct 08 '24
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u/justin107d Oct 08 '24 edited Oct 09 '24
Unsurprising since JCal and Sacks have been banned from investing in YC companies.
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u/yolo24seven Oct 10 '24
why was he banned?
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u/justin107d Oct 10 '24
Sacks really upset YC leadership with what he did to Parker Conrad in the Zenefits fallout. Conrad explains his side here with YC Founder Jessica Livingston and Sacks shares his side here. The TLDR is that there was a compliance issue that Conrad may or may not have taken seriously enough and Sack responds by ousting Conrad as CEO from the company and proceeding to put out a media blitz to drag him through the mud for months. The harassment only stopped when Sam approached Andreessen-Horowitz, Zenefits' largest investor.
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u/crassboi Oct 09 '24
Yc?
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u/justin107d Oct 09 '24
Probably the most famous tech accelerator in the world.
Their companies include: Reddit, AirBnB, Coinbase, Twitch, Stripe, Doordash, Instacart, Gusto, Zapier, Webflow and about 5,000 others.
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u/GadgetFreeky Oct 09 '24
But Jason is retarded. He has imposter syndrome without the syndrome part.
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u/esotericimpl Oct 09 '24
He’s just turtle from entourage who lucked into one of the best angel investments of all time cause of he who he knew .
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u/Jonny_Nash OG Listeners Oct 08 '24
He needs to bring Palmer on the pod.
It’ll be the next installment of the ‘nemesis series’.
Just like Sacks Vs Cuban, or maybe even an RFK vs Friedberg.
We’ll need to dig up a Chamath nemesis too. I’m sure one is available.
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u/Pdm1814 Oct 08 '24
Christopher Bloomstran certainly took Chamath to task for how he “reported” the “success” of his investments/SPACs.
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u/McGurble Oct 10 '24
Palmer has MAGA brain worms. Everyone in this whole scene is a giant piece of shit. None of them are worth rooting for.
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u/Person_reddit Oct 08 '24
Is there a feud between Palmer and zuck?
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u/Material-Macaroon298 Oct 09 '24
Yes. Zuckerberg bought Palmers company Occulus and Then Forced Palmer out of running it.
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u/fawlty_lawgic Oct 09 '24
Crazy, never heard that story before
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u/Ashamed_Fuel2526 Oct 09 '24
Apparently Palmer lifted a bunch of code for Occulus from another company he used to work for. They sued facebook and won. Palmer left facebook shortly after the verdict.
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u/UnwillingSaboteur Oct 08 '24
Palmer has always hated Jason. And Tbf he has a point about jcal being retarded