A big move from stock, consumer launch from amazon big picture. This home in tech is about a new series of overlapping platform wars tiktok versus instagram. Sws versus aftezure julia, i would argue u. S. Versus china is shaping up to be a platform war platform war, jon, what youre saying is reciprocal trade. Were seeing this between china and the u. S. The question of whether it makes sense, safe for americans to have these chineseowned Companies Operating here in the u. S. Keeping in mind that u. S. Owned companies are not allowed to operate in china. Im talking about facebook i think its interesting to see how that dynamic plays out and this question of whether or not there should betiktok, mayb going to address that issue. Sand then apple, youre referring there, of course to this battle between epic and other companies that are participating in this new coalition. And apple in this battle over that platform. And those fees, right . Well, i am talking about that, and mike, im also t
This memorial day weekend, book tv features three days of nonfiction books and authors. Here are some programs to watch for. Tonight at 10 00, on afterwards, amy goodman interviews tamara thet sleeping gian,t how working class will transform america. On sunday at 10 00 115, an interview with the editorinchief of one world. He discusses his work with the likes of jayz and the author of the awardwinning book between the world and me. Sunday evening at 10 00, a Book Release Party for steve hilton and his book more human. A former Senior Adviser to David Cameron an cofounder of crowd we need to redesign our economic and political systems to meet the needs of americans today. Then on monday, memorial day, an extra day of book tv featuring on the intellectual life of thomas jefferson. A talk radio hosts on the importance of the 10 commitments and npr on the right to die movement. Go to book tv. Org for the complete weekend schedule. Now a look at th economice state of Silicon Valley with Tec
That is true on the personal side, does not always carry over to decisionmaking. Singing, Justice Scalia was also known for his singing. P next, we have brian calling caller my question is whether or not i would like to hear your thoughts on whether what the isublicans are doing constitutional. My reading of the constitution is that the constitution shall the supremees to court. It seems unequivocal. To follow that the advice of the senate cannot be to not nominate someone. The defense therefore cannot be never. I would like to hear your thoughts. Guest that is one reading, but one. He generally accepted if you need the sentenc senates consent, they can withhold the consent or withhold it wholesale. It not be pretty, but probably what the constitution envisions is political accountability. If people are not happy, they office. Them out of host what are the chances that there be a hearing or any other action on judge garlands nomination . Guest im not an expert and legislative congressi
Office, which s is kind of the exemplar invented y basically the game in a sense from the Institutional Investment perspective. One of their secrets to success getting off the bus one stop too early rather that ne stop too late but takes a lot of courage. And you know, most investors lack courage because they focus career risk and theres a whole principal agent problem there. Furthermore, once you say no to fund, youre forever in that gps bad graces. Right. And we all have examples, ill say i wrote a blog a long epistemologyed the of investing. Why do we believe what we believe. What justifies our beliefs . What made me think of that when to the xl i said no Facebook Fund twice when i was as rinceton and once again they were raising. Everything in that moment said that was an easy no and boom greatest p one of the personaer and ive been nongrata, not explicitly but speedsay im not on their dial. Andy, us v has famously returns. L but speaking more broadly, this is a very funky market.
Unsettling long term dynamic for long term ecosystem health. Is it happening . I know on the one hand it seemed startups were raising unding every six months or so but critics very recently said these guys are racing back to investors before their paper gains disappear. Ou think thats so so its a really important point because right now, a lot of venture funds are looking paper, right. And in fact, one thing thats a pet peeve of mine is i get day that say our fund is market whatever and somebody said to me the other just had a bunch of markups so our fund is sitting on cash. No its paper on cash. Market stuff before Business School and we always talked about the pit you get in turns omach when a trade into an investment. Similarly i fear as an industry were headed for this moment unrealized because everybody has unrealized things in the portfolio. Theres a moment when the unrealizable omes and thats the moment of nausea. Bill is right. Last fundts to be the in the market when the music