(0:00) Bestie intros: Brad Gerstner fills in for Friedberg! (2:58) OpenAI vs Anthropic IPOs: Why it matters who goes first, what they learned from the SpaceX IPO, the unlimited TAM of intelligence (27:39) The open source decision, Meta's new model, Zuck's price war, AI duopoly (54:29) CCP considering putting export controls on Chinese models, is open source ending in China? (1:03:09) Trump Accounts launch, getting young Americans bought back into capitalism Apply for Summit 2026: https://allin.com/events [https://allin.com/events] Follow Brad: ttps://x.com/altcap [ttps://x.com/altcap] Follow the besties: https://x.com/chamath [https://x.com/chamath] https://x.com/Jason [https://x.com/Jason] https://x.com/DavidSacks [https://x.com/DavidSacks] https://x.com/friedberg [https://x.com/friedberg] Follow on X: https://x.com/theallinpod [https://x.com/theallinpod] Follow on Instagram: https://www.instagram.com/theallinpod [https://www.instagram.com/theallinpod] Follow on TikTok: https://www.tiktok.com/@theallinpod [https://www.tiktok.com/@theallinpod] Follow on LinkedIn: https://www.linkedin.com/company/allinpod [https://www.linkedin.com/company/allinpod] Intro Music Credit: https://rb.gy/tppkzl [https://rb.gy/tppkzl] https://x.com/yung_spielburg [https://x.com/yung_spielburg] Intro Video Credit: https://x.com/TheZachEffect [https://x.com/TheZachEffect] Referenced in the show: https://polymarket.com/event/ipos-before-2027 [https://polymarket.com/event/ipos-before-2027] https://x.com/thejessezhang/status/2074154325933424861 [https://x.com/thejessezhang/status/2074154325933424861] https://x.com/praveenTweets/status/2074605343439810922 [https://x.com/praveenTweets/status/2074605343439810922] https://x.com/nikesharora/status/2074802778074124434 [https://x.com/nikesharora/status/2074802778074124434] https://x.com/nikesharora/status/2074814752174522857 [https://x.com/nikesharora/status/2074814752174522857] https://x.com/brian_armstrong/status/2070670644577280109 [https://x.com/brian_armstrong/status/2070670644577280109] https://x.com/andyfang/status/2074252174226493584 [https://x.com/andyfang/status/2074252174226493584] https://x.com/nikesharora/status/2074630732019036574 [https://x.com/nikesharora/status/2074630732019036574] https://x.com/finkd/status/2075218444056707458 [https://x.com/finkd/status/2075218444056707458] https://x.com/alighodsi/status/2074996561306955958 [https://x.com/alighodsi/status/2074996561306955958] https://blog.nicolasmeridjen.com/en/blog/2026-04-03-alibaba-qwen-closed-source-end-of-open-weight [https://blog.nicolasmeridjen.com/en/blog/2026-04-03-alibaba-qwen-closed-source-end-of-open-weight] https://www.chinatalk.media/p/chinas-ai-companies-are-going-closed [https://www.chinatalk.media/p/chinas-ai-companies-are-going-closed] https://www.reuters.com/world/beijing-is-looking-curbing-overseas-access-chinas-top-ai-models-sources-say-2026-07-07 [https://www.reuters.com/world/beijing-is-looking-curbing-overseas-access-chinas-top-ai-models-sources-say-2026-07-07] https://x.com/KurtSupeCPA/thread/2074817292550984010 [https://x.com/KurtSupeCPA/thread/2074817292550984010]