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

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:

- Brave: https://brave.com/lex

- Linode: https://linode.com/lex to get $100 free credit

- Four Sigmatic: https://foursigmatic.com/lex and use code LexPod to get up to 60% off

- Rev: https://rev.ai/lex to get 7-day free trial



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/

YouTube Full Episodes: https://youtube.com/lexfridman

YouTube Clips: https://youtube.com/lexclips



SUPPORT & CONNECT:

- Check out the sponsors above, it's the best way to support this podcast

- Support on Patreon: https://www.patreon.com/lexfridman

- Twitter: https://twitter.com/lexfridman

- Instagram: https://www.instagram.com/lexfridman

- LinkedIn: https://www.linkedin.com/in/lexfridman

- Facebook: https://www.facebook.com/LexFridmanPage

- Medium: https://medium.com/@lexfridman



OUTLINE:

Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.

(00:00) - Introduction

(06:52) - WallStreetBets and Robinhood

(17:58) - How does the WallStreetBets saga end?

(21:09) - Capitalism

(26:30) - Ideas vs Execution

(27:38) - Learning to learn

(33:06) - Risk-aversion

(39:07) - Robinhood

(47:33) - Parler and AWS

(49:59) - Social networks

(56:33) - Leadership

(1:01:21) - Work-life balance

(1:09:44) - Great leaders lead by example

(1:17:30) - Advice for startup founders

(1:21:57) - Clubhouse

(1:22:42) - When will we fully re-open the economy

(1:33:20) - Augmented reality

(1:36:48) - When should a startup raise money?

(1:43:44) - David Goggins

(1:45:40) - Disagreement with Chamath Palihapitiya

(1:58:52) - Story about Elon Musk's darkest moments

(2:07:08) - Friendship