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April 15, 2023

E4: David Sacks on His Intellectual and Political Journey

E4: David Sacks on His Intellectual and Political Journey

David Sacks is known as a CEO/investor in multiple unicorns, and most recently a media mogul with All-In. In this episode, we trace David’s intellectual and political history from his days fighting student activism at Stanford to now.

David Sacks is known as a CEO/investor in multiple unicorns, and most recently a media mogul with All-In. In this episode, we trace David’s intellectual and political history from his days fighting student activism at Stanford to now. We cover the political and cultural changes in the last 30 years of silicon valley, how the real distinction today is between the college-educated and the not, and how even though 2⁄3 of the country didn’t go to college, their views are not represented in our institutions today. This episode was recorded in December 2022 but is just as relevant today. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/UPSTREAM


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Founding a business is just the tip of the iceberg; the real complexity comes with scaling it. On 1 to 1000, hosts Jack Altman and Erik Torenberg dig deep into the inevitable twists and turns operators encounter along the journey of turning an idea into a business. Hear all about the tactical challenges of scaling from the people that built up the world’s leading companies like Stripe, Ramp, and Lattice. Our first episode with Eric Glyman of Ramp is out now: https://link.chtbl.com/1to1000


TIMESTAMPS:

(00:00) Episode Preview

(03:18) How did tech become less free speech oriented?

(04:30) Why is PayPal so woke?

(06:25) Woke Capitalism game

(09:25) Corporations and governments collaborating to censor

(10:30) Tracing political history in Silicon Valley 

(18:45) College educated vs. not is the biggest difference in US

(22:50) Our elite is not democratic

(24:50) Sponsors: Secureframe

(27:22) David’s experience with student activism in the 1990s

(29:00) David’s evolution on foreign policy 

(32:15) U.S. Russiaphobia

(35:45) Why David supports big-tech regulations

(40:05) How to do regulations well

(44:00) Social Progress

(49:00) Is classical liberalism a dead end?

(51:53) Is Institutional Reform possible

(54:00) Elon’s character arc and political journey

(01:02:25) Will there be a parallel economy?

(01:06:33) Employee entitlement was a bull-market phenomenon

(01:11:15) Accountability for elites is the solution


SOCIAL LINKS:

David’s Twitter: @davidsacks

Erik’s Twitter: @eriktorenberg

Podcast Twitter: @Upstream__Pod

Erik’s Substack: eriktorenberg.substack.com


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