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Massive Somali Fraud in Minnesota with Nick Shirley, California Asset Seizure, $20B Groq-Nvidia Deal

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Massive Somali Fraud in Minnesota with Nick Shirley, California Asset Seizure, $20B Groq-Nvidia Deal

All-In with Chamath, Jason, Sacks & Friedberg

2025/12/31
All-In with Chamath, Jason, Sacks & Friedberg

All-In with Chamath, Jason, Sacks & Friedberg

2025/12/31
OverviewShownoteHighlightsTranscriptChaptersPins

Shownote

(0:00) Bestie intros! Nick Shirley joins the show to discuss his recent investigation on potential daycare fraud in Minnesota (3:32) Nick's background, how he got into investigative reporting and YouTube, independence, finding this story (16:36) Why this...

Highlights

Investigative journalist Nick Shirley joins the conversation to unpack his groundbreaking work exposing systemic fraud in Minnesota's public assistance programs, revealing how overlooked vulnerabilities have enabled massive exploitation of taxpayer-funded systems.
06:00
Daycare centers across Minnesota receive millions in state funding despite having no children present
29:31
Elon was right — systemic fraud is real and must be addressed
37:13
Government agencies continue funding daycare centers with multiple violations, suggesting systemic complicity.
1:00:50
If politicians don't root out fraud, the bond market will reprice risk
1:24:23
Over $70 billion in taxpayer funds unaccounted for in California
1:39:50
Jonathan invented the TPU at Google and designed future chips with long-term vision.

Chapters

Bestie intros! Nick Shirley joins the show to discuss his recent investigation on potential daycare fraud in Minnesota
00:00
Nick's background, how he got into investigative reporting and YouTube, independence, finding this story
03:32
Why this fraud story is resonating, why the national press initially avoided it
16:36
Future plans, California, possible Al-Shabaab connection, how high up does Minnesota's fraud go?
30:08
What the scale of fraud means for America, Minnesota's future, potential patronage scheme
49:15
CA's wealth tax: normalizing the seizure of private property
1:09:06
Chamath breaks down the $20B Groq-Nvidia deal
1:33:56

Transcript

Chamath Palihapitiya: All right, we have a massive show for you today, besties, but it's not going to be our prediction show. We thought we were doing predictions end of the year, but we had so many amazing stories to cover in the news that we're going to ...