Elon gets paid, Apple's AI pop, OpenAI revenue rip, Macro debate & Inside Trump Fundraiser

The episode opens with a live-dealer blackjack hand for Tim, a New Zealander from Taranaki now living in Calgary. He says a planned holiday in May 2022 turned into a move: he sold his livestock and leased the farm back to his parents.

The hosts stake $10K as a "free roll" for Tim and his fans. The audio is garbled, with several Bitcoin and dollar figures that do not parse, but one host says the hand turned 10 into 25, and the winnings are $15K.

They tell Tim to keep the $15K, take his partner on first-class tickets and come to the All-In Summit. One host also notes that the dealers appear to stand in a warehouse in front of webcams.

The hosts say the contact started when someone emailed that Tim was a fan, and that about a thousand people messaged him after he was mentioned on the show. The segment ends with a host's regret about bet size.

I would've won $75K. Instead, we put $10K. We won $15K. I lost $60K.

David Sacks says this was his first presidential fundraiser at home. He describes the Secret Service arriving a week earlier, an advance team that mapped the house, and police closing the street.

Another host who dined in the city says several blocks were closed and crowds had driven in. Sacks says local publications tried to stir up protesters, yet almost no anti-Trump protesters appeared while many pro-Trump demonstrators waved flags along the motorcade.

So the whole protest thing backfired.

The explanation offered is an enthusiasm gap. Des Traynor of Intercom reportedly said none of the people he spoke with identified as Republican, and the campaign reportedly told the hosts it had more first-time donors than before. These are relayed anecdotes, not measured data.

The hosts describe Trump speaking for an hour from a few notes, with no teleprompter. Sacks says he teased the Winklevoss brothers about Facebook and had never met them before. Sacks also lists the day: Mar-a-Lago, an Arizona rally, four hours at the event, then Los Angeles.

Chamath draws a contrast between media portrayal and in-person impressions, saying he had misjudged Trump years ago and found him polite.