DOJ targets Nvidia, Meme stock comeback, Trump fundraiser in SF, Apple/OpenAI, Texas stock market

The hosts open by joking about last week's iTunes ranking, which one says was eighth, and about YouTube labeling the show with a COVID tag. They then play a clip in which Vinod Khosla answers a question about shifting politics in the Valley.

All-In Podcast and some of the supporters there are not based in the valley

Khosla also says MAGA extremists exist in every part of society and that he hopes they can be prevented from destroying democracy. That remark drives the rest of the segment.

Sacks says the hosts have lived in the Valley for decades and that Khosla spoke at last year's summit. He describes Khosla's earlier tweets as saying Trump supporters lack empathy and teach their kids poor values, and notes a Sequoia partner's reply drew about 20,000 likes. He has no objection to Khosla raising money for Biden.

His objection is to labeling millions of ordinary Americans as uncaring. He argues Trump support is strongest in the industrial heartland, where workers competing with global exports were hurt by globalization, while export industries such as software, finance and Hollywood gained.

A host asserts that Khosla is fighting a legal battle over public access to the beach in front of his house, which is a claim not examined here. Another host argues Democrats have lost their claim to be the party of working people, and suggests some critics are "tilted" that Trump is back.

Chamath treats the criticism as emblematic of mainstream media. He argues podcasts fill a vacuum left by an infrastructure that shaped how people should think, and that hearing people you disagree with makes an opinion more valuable.

Friedberg notes Khosla's Biden fundraiser is public and sees the "extremist" label as part of a hardening polarity. He argues both parties use it, and that acknowledging the other side's views is seen as weakening a position in a contest.

extremism phrase is used by both parties