E19: Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?

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Referenced in the show:
David Sacks on Bloomberg
• California Gov. Gavin Newsom Should B...

Chamath for Governor
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Show Notes:
0:00 Besties intro
2:11 Chamath breaks down the entire WallStreetBets/GameStop saga
15:38 Jason responds, debating Robinhood's liquidity crisis, Citadel's potential involvement & more
39:18 How can this be prevented in the future? Restructuring capital gains tax, censorship, where Robinhood can go from here
53:02 Major learnings from this week's events, risks of decentralization, do stocks need to be reflexive of the underlying business? GameStop's endgame
1:15:01 Chamath for Governor of California, Friedberg on leaders vs. managers & the problem with career politicians

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