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

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
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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/
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