Jason Calacanis: Startups, Angel Investing, Capitalism, and Friendship | Lex Fridman Podcast #161

Jason Calacanis is an angel investor, entrepreneur, and co-host of All-In Podcast and This Week in Startups. Please support this podcast by checking out our sponsors:
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EPISODE LINKS:
Jason’s Twitter: https://twitter.com/Jason
Jason’s Website: https://calacanis.com/
Jason’s YouTube: https://www.youtube.com/user/ThisWeekIn
Jason’s Link Tree: https://linktr.ee/calacanis
All-In Podcast: https://linktr.ee/allinpodcast
This Week in Startups Podcast: https://thisweekinstartups.com/about/

PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
Apple Podcasts: https://apple.co/2lwqZIr
Spotify: https://spoti.fi/2nEwCF8
RSS: https://lexfridman.com/feed/podcast/
Full episodes playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4
Clips playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41

OUTLINE:
0:00 – Introduction
1:51 – WallStreetBets and Robinhood
12:58 – How does the WallStreetBets saga end?
16:09 – Capitalism
21:30 – Ideas vs Execution
22:37 – Learning to learn
28:05 – Risk-aversion
34:06 – Robinhood
42:33 – Parler and AWS
44:58 – Social networks
51:32 – Leadership
56:21 – Work-life balance
1:04:43 – Great leaders lead by example
1:12:29 – Advice for startup founders
1:16:56 – Clubhouse
1:17:42 – When will we fully re-open the economy
1:28:19 – Augmented reality
1:31:47 – When should a startup raise money?
1:38:43 – David Goggins
1:40:40 – Disagreement with Chamath Palihapitiya
1:53:52 – Story about Elon Musk’s darkest moments
2:02:07 – Friendship

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