YouSaid · the spoken record

Max Chafkin

lines on the record: 104
first: 2021-12-23
most recent: 2021-12-23
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“World is completely person to person. It's completely loyalty based. It's all about, you know, who knows who. And I think like understanding that, even though that's kind of the opposite of the computer thing, would have also helped me a great deal. Because really, especially in venture capital, like. Still a very kind of old school business. It's not like, I mean, they're buying stock in companies that do computer stuff, but the way they're doing it is very, very much about impressions and networks and who you know and stuff.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“When you were first starting out. Yeah, I mean, it's two things. Like, one, they're kind of the opposite. So I don't know. But one is that book, the Zuckerman book was really mind-expanding for me because it's all about the way the computers have had crazy impact on the world of money. And like, I wish I knew, and it's still happening, and there's still ways in which you watch the, look at this, like Wall Street bet stuff where there's interesting dynamics happening on social media. And there's just so many ways that algorithms are driving money and in doing so are telling the story of our lives. And that, I mean, I wish I knew more, I wish I knew more about that now. I wish I had been more attuned to it, you know, 15 years ago. The other thing is networks, and this is like the opposite, but like, like inventure capital, so much of it is still just like, is happening on an interpersonal level. It's these, like, the teals.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Because that's how, like, I think that's pretty good advice for almost any career. But particularly in journalism, I mean, you know, most good story ideas and stuff come from me anyway, come from reading things. Talking to people is helpful, but a lot of times like it's just some thing I read and it's like that raises an interesting question and gets you to another question. And I just think people tend to it's also good to just be a little bit, I think, undirected like you again like not just trying to figure out what something says, but like just engage with it on an emotional level and like sometimes good things happen. Sometimes not though. Sometimes you just, you know.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, and also just like and read it for real. Like, don't just try to like, okay, figure out what that book says, but like really actually read it because”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh, I would say that you should, and this would be my advice for like any career, I guess, you should try to read a lot of stuff. I feel like people don't, it's like the most obvious thing you can do, but, and this is, I think.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Because he's all over the place, because there are dozens, hundreds of companies that he's an investor in, all these companies have employees. It's a pretty big network. So even if you're closed off, there are ways to, you know, there are ways to sort of work your way inside because the network is so sprawling and you have people who actually know a lot but don't necessarily have like a super close relationship with Teal. So anyway, I think that was helpful, especially at the beginning, because you're always sort of trying to work your way into the inside.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Somewhere down the line, they may need to go to Peter Teal to ask for money. So, even people who hate him are like unwilling to, they don't want to like cut off any future investment, which is particularly important because the way these VC deals, right, work is that it's really important to have great competition. So even if you don't take money from Teal, you really want to have him as a potential backer to help, you know, create a sense of, you know, bidding war. So that works against you, but...”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Which I really enjoyed, and I found very inspiring just because, of course, I ran into some of the same things. I mean, Teal has been very closed off. And that was, to me, part of the opportunity of the book, because anytime, you know, anytime someone is closed off like that, it's a journalistic opportunity because there's lots of stuff to say. The other thing that kind of worked in my favor is that, you know, venture capital is like a pretty, it's a network-y business, right? So, which hurts me because everybody I talk to.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I tried that. He got a little bit. Yeah, I think Teal is a little bit. I mean, Simons, of course, had been very secretive, and I read, I mean, particularly like the introduction of the book describes his kind of back and forth with Simons and all these people, you know, telling him, forget it, you're totally, you know. I can't talk to you. You're going to cross me.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Man to solve the market, the story, you know, the Jim Simons. Am I saying Simons right? Simons, right? Renaissance technology. Yeah, Renaissance technology. And just, you know, both like just explaining that, I mean, I really love explanatory journalism and just like explaining how Renaissance technologies, you know, works and how they made money and the kind of really cool ways in which it brought like this kind of sophisticated math and stuff into the finance world. I just found just mind expanding and really cool. Yeah.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Writing contrarian. I just so I just finished a book called American Prometheus, which is about, it's a biography of Robert Oppenheimer. It came out about 15 years ago. Oppenheimer's the guy who created the bomb for, or you know, he led the Los Alamos Lab that they created the bomb. The book is, first of all, it's really good. It's like kind of, I hate this frame, but it honestly has interesting management lessons because I think Oppenheimer's management style was like.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“In a selfish way, you know, probably would have been better. It's often better, right? To push the mentees or whatever to stay in a position of support where they're helping you and the fact that she's kind of pushed me away and helped me. I don't know. It's just, anyway, we've continued to have very strong relationships since then.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, my mentor, my big mentor was this woman, Jane Berenson, who was basically the editor of Inc. and who came out of the Wall Street Journal. And she's just a really cool, she's retired now. She's a really cool journalist. And the thing I've been thinking, I was thinking about when I was thinking about this question was just, you know, there was a point in my career where I had like an opportunity, like a freelance opportunity. I wanted to pursue it. And I went to her. She was my boss. I said, can I do this? And she said, no, you can't do it. You have to leave if you do it. But I want you to leave, and I'm going to make it easy for you to make it easy for you. I'm going to structure. So basically, she kind of like allowed me to, you know, spread my wings. Like, like, you know, move. And in a way that I think like, well, obviously helped my career and it's made me feel very close to her, but it makes me think like that's whatever, that's a big part of mentorship is like at a certain point. Taken out of the nest. Yeah. And not necessarily reacting.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah But I think his kind of frame on politics is really useful. And it's another one where when you pay super close attention to the polls, it kind of makes you a little bit more immune to the crazy swings in narrative. And especially because I'm a journalist, I work at Bloomberg. It's good for me to get that perspective because we as journalists are very, we're immersed in the narrative, right? It's like all we think about.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, yeah. So, well, I've been, I run a lot, so I listen to all these crazy running podcasts. I also listen pretty religiously to the 538 podcast. Nate Silver, I know, is controversial and people love to rag on him. He's got a pretty...”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“I've been also, I'm a huge, I listen to a lot of podcasts, and right now I'm really into this really nerdy virology podcast. It's called This Week in Virology, which honestly like the episodes are really long. And I think, what does it cover? But it covers the science behind viruses. But of course, they've been talking about COVID all the time. And I think really paying attention to what scientists have been saying has been a great way for me to be ahead of the curve. I mean, I think these, you know, we're having this conversation about boosters. They've been talking about this stuff for months. And you get a perspective that is more nuanced, but also maybe more interesting than kind of the media narratives, which tend to swing. So it's made me a little bit more kind of immune to the latest freak out over. No pun intended.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly. After each one. We also had a rule. We could only watch one game per night. Same thing. Because it got too stressful. Except for the.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Right now, in his world, that's crypto. So, I mean, I think it's worth watching that space, obviously, but also worth watching specifically what Teal does, what he says about it.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“miners and none of that ended up being. No, no, it completely, it was exactly the same argument that Mark Zuckerberg has made in terms of like how we should regulate Facebook. The reason we should be hands off on Facebook is because if we don't, China and TikTok is going to become supreme and then we're all going to be living in Zi's world or something. There are also some weird conspiracy theories, which I don't think are totally out of the realm of possibility. Like Teal is a big time trader. You know, he's somebody who's always who very often has bets on both sides of a particular trend or a particular company. So it's possible, you know, he was betting against hedged. Yeah, yeah, that those comments were aimed at a trade, like maybe he was trying to buy low. I don't know, but it was definitely like an interesting moment. And I think, you know, Tiels always somebody worth watching because he knows kind of what's next or he has very good ideas about what's next. And, you know,”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“To shape regulation in a favorable way in the United States, warning essentially if the US goes to sleep on crypto, if we don't move to kind of embrace and cultivate this industry, we're going to lose to other countries.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“The libertarian part of the crypto world talks and kind of what's motivating some of the crypto ideology. So I think it's not surprising at all that he got in on crypto early. He, you know, for it, I don't know how much crypto he has now. I mean, he definitely had some crypto for a time. It's unclear if he sold or not. But he's also making investments in crypto companies. And he's clearly, you know, pretty interested. There was like a little mini scandal earlier this year, at least in the crypto world, you may remember, where Teal described Bitcoin as potentially an arm of the Chinese government where he sort of said that because it hurts, you know, it wasn't entirely clear. And all these crypto people kind of went berserk because he's on their team. He's an early believer. And my suspicion there is what was happening is he was trying.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, you know, so he was talking in like 2000 or thereabouts about giving everyone a Swiss bank account in their pocket this idea that once you had money inside of PayPal, it'd be impossible for governments to track, and in particular be impossible for”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“100%. You can go back, and I did, you know, reporting this book, but you can go back to PayPal. And the way they were talking about PayPal is really not that different from the way the, not, no, crypto community has gotten pretty big and pretty diverse ideologically, but it's the way the kind of ultra-libertarian part of the crypto.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“So he's kind of in the catbird seat. And I think I would argue that a huge reason for that is because of his decision to support Trump early, which got him access to the White House, which got access to Palantir and kind of the rest of his history.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Had a positive impact on the company and helped them win this $800 million military contract and then dozens of other contracts worth in the hundreds of millions, if not billions of dollars. And we've seen the company really go from being kind of substantial, but not that big worth $20 billion or so. Now it's worth $50 billion. They have these huge military contracts. And during that time, the product has improved a bit. you know, they've managed to land some corporate deals. And of course, that's been great for Peter Thiel, who was the single largest shareholder owning a lot of those shares through the Roth IRA. So nice tax advantage there. And because of the way Palantir is structured, the founders have this special class of share. That's a group that includes Teal that allows them to effectively control company. So it's a...”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“And my reporting and also I think just normal rationality suggests that having a major backer of the president, especially a president like Trump who, as we know, likes to get involved in the nitty gritty and is not totally averse to rewarding his friends and punishing his enemies.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“I think the idea that Palantir was responsible for getting bin Laden is like a huge stretch that the kind of creation of the media, but the narrative of like, CIA gray data mining for the government has been for government and for private enterprise has been hugely successful in the long run. Now in 2016, though, Palantir was really in bad shape. It had lost out a bunch on a bunch of big contracts. It wasn't looking so good. A lot of the big companies that were doing business with it had backed out and gone in other directions. things have really gone well and Palantir will say hey it has nothing to do with politics just a just a matter of beating the bushes you know and you know sometimes like everything just falls into place”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Legitimize themselves. Yeah, exactly. And gave them some money, but also legitimacy with government contracts. And then that legitimacy not only got them contracts with other parts of the government, including the U.S. military, it got them legitimacy with the corporate world. Because if you're like a chief security officer at a big bank or whatever, the idea that you can have CIA grade, you know, data mining technology, which is more or less what they were promising, you too can have the same technology we used to get bin Laden to run your come up with your trading strategy or route out bad behavior by your traders or something. That was like a really compelling pitch. Now that pitch was not entirely true, I think, as I talk about the book, like.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, so Palantir was started by Tiel. Basically, out of this intuition that he could take some of the security technology that PayPal had developed, not even technology, really an idea that PayPal developed, which was to use network analysis. So looking at who is connected to whom, to figure out how to do security. offered that to the US government, got backing initially from the CIA, which was hugely hugely important for Palantir because it kind of opened the door.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, yeah, because they have these reputational problems. There's also a way you could imagine. I mean, again, I don't think it's going to happen, but you could imagine breaking up breaking Facebook into Instagram. Right. It's like not impossible to.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, completely agree. I think you're right that there was a total failure of imagination there. And yeah, you would think there will be more, certainly more Google on.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Right. And I think when we look at the big companies, Facebook, Google, it doesn't feel like there's really any serious, I don't know. It's not clear to me how Facebook could be reined in. And I don't think it's really clear to anybody how it could be reined in.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“And so I don't know. I think it's true that we have become more attuned to some of the failings of the tech industry. I'm not sure that.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“But yeah, but how much has Uber really changed? I mean, this labor model that Uber pioneered, so like, you know, that is completely indifferent to the needs of workers, I would argue, has become, it's not, that labor model is not on the retreat.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Back, maybe, although I would push back on some of that because I think, so yeah, it's true that with Uber, we, you know, the founder got bounced out and we now have like a little free.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“It reminds me of, I realize this is a somewhat controversial thing to say, but like when I was reading the book Cochland by Christopher Leonard Koch brothers and Coke Industries in particular, the way Coke Industries had sort of had this really important industrial conglomerate and they had really changed the conversation around particularly deregulation to a point where everyone sort of bought into the story that they were telling. And I think the same thing, including liberals, right? And I think the same thing kind of happened has happened and maybe is continuing to happen with Silicon Valley, where we've sort of all bought into the idea that, you know, that disruption is good, that tech companies should have more power, not less. And, you know, we're obviously we're in a reckoning right now, but I don't know. I think those ideas are still more or less ascendant and it's still outside the mainstream.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“I think that this idea that technology companies, so one of Teal's big ideas, right, is that these technology companies should are basically going to rule the world, that we would be better off. And this is something that is, I'd say, widely, people buy into, including a lot of liberals and stuff, that basically technology is going to set us free. And I think, and that's...”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Right, yeah, yeah. Yeah, yeah. So I think that so, but I think the idea that rule breaking in particular is something worth celebrating is new and different. And like the way we're watching this attitude, you know, Facebook, there's this whistleblower and we're suddenly like watching all this criticism of Facebook and sort of wondering why, like, why is Mark Zuckerberg so indifferent to Ju's responsibilities to society? And it's like, well, that's because that's the whole point of this company and this ideology. I also, I think that the”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“But, well, yeah, but I think there's something a little bit different about, I mean, it's been a while since I've read the Innovator's Dilemma, but...”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“So, I mean, move fast and break things. Yeah, certainly. 100%. So, this idea that disruption is a good social good that it needs to be embraced is I'd argue that is a new thing that a lot of people have bought into, even people who are 180 degrees away from innovators.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think there's still. I mean, I agree with your assessment completely. I think Silicon Valley still has more power than people realize. And I also think that certain aspects of the Silicon Valley ideology have really kind of seeped into our culture in ways that we don't fully appreciate. Give us some examples because...”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“This is my proudest philanthropic moment. This is my great contribution to the world, which is, you know, that's pretty out there, right? It's definitely different. And I think it won him a lot of fans, of course, on the right because Gawker was seen as this like liberal media outlet. He was seen as a billionaire willing to take it to the liberal media. But of course, it also, I think critics rightly point out that this has profound implications for freedom of the press and for other media.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Perspective is number one, it's not a free speech case, right? It makes it easier, it's a little bit easier to make, and number two, he gets it in front of a Florida jury. You know, Hulk Hogan is from Tampa. He's like the most famous person in Tampa, and you have this celebrity, bona fide celebrity, going against this as Teal and his allies presented it as a sociopathic New York media company. And the case was pretty clear-cut. So it's like not surprising that the jury opted to bankrupt Gawker, but, you know, what is surprising, of course, is that this billionaire was the man behind it. And particularly the amount of time that passed and the way that he did it, he did it in secret. I mean, he didn't tell anybody. It only came out afterwards. And after it happened, you know, he didn't, he wasn't apologetic, right? He said.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I'll say. Yeah, this was, as I talk about in the book, I mean, the Hulk Hogan case was not really isolated. He was trying basically all sorts of things in the period between when that blog post outing him came out, which I believe is late 2007 and the ultimate verdict, which is in 2016 basically was sort of other litigation efforts, there was, you know, he had hired private investigators. He also tried to kind of romance Gawker at one point, but ultimately this Hogan thing was a real gift to Peter Thiel because it was a very clear-cut case. Gawker had published this sex tape that had been recorded without Hulk Hogan's knowledge or consent, which the violation of privacy. And the great thing about that from the sort of Peter Teal perspective.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“One of the big ideas that Teal and his followers are into is this idea of exit that billionaires should potentially be willing to threaten to leave the United States in order to push policymakers in the direction that they want them to push, that you can vote or you can leave and that the threat of leaving is an important part of that, which I think is really, I mean, it's certainly counter to like a normal notion of patriotism or whatever, if I want to buy into that, you know, or whatever. I do personally. But anyway, but it's definitely like the idea is that you should be willing to kind of jurisdiction shop. And so that's what I think he was doing. After Trump was elected, my reporting says that basically he hasn't been in the country since Trump took office. Oh, really? He's maybe come back. You know, he's now renovating one of his properties. Maybe he went back. But as far as I can tell, he hasn't been there since like 2017.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly. But I think what he was trying to do was find a friendlier jurisdiction. And back then, or as a potential backup plan, right? Not necessarily where he's going to go run away from Obama. But at the time, New Zealand had a right-wing government. And it was very easy for him to acquire citizenship. I mean, he only spent 12 days or so in the country to get the citizenship. And then I think it gives him a potential way to, at least as a negotiating point, if he ends up negotiating with the U.S. government, being able to claim citizenship or whatever in a foreign country, I think was potentially helpful or just as a way to, hey, let me get away from these crazy liberals. And like the...”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“And the way the IRA laws, the way these rules are structured, if you break one, if you do make one mistake within that IRA, they can take the whole thing.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Right? I mean, I'm not making this up And when you're Peter Thiel and you have this enormous amount of money that's tied up in a, it's legal, but a little bit uncertain structure where at any moment the IRS could say because of the control thing, right, it leaves him a little bit vulnerable because you could go back and start looking for violations. Maybe they're not real violations. Maybe they're just bogus.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“And let's be honest like New Zealand is great. I mean, it's a very nice place to visit. I mean, a beautiful nature, great, great cuisine. I think the specific appeal to teal when he got the New Zealand citizenship, and I know he did this in a really interesting way. I mean, he was in secret. And it happened when Obama was president. And my senses, and as I say in the book, that, you know, he was basically looking for a backup plan. I mean, he was really worried about Obama and about the Democrats. And I think specifically you had.”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, so if you listen to what Teal said, he really loves New Zealand, which I think is probably partly true. He's a big Lord of the Rings fan. I was going to say,”
2021-12-23 · Masters in Business · Max Chafkin on the Social Good of Tech Companies (Podcast) · IDENTIFIED FROM THE TRANSCRIPT · source