E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more

Sat, 13 Nov 2021 08:34:13 +0000

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Jason Calacanis Right 00:03:57

Kyrie Irving will resume playing NBA basketball in the near future once New York City lifts its COVID-19 vaccine-related restrictions that are currently preventing him from playing home games.

“The rumor is that Kyrie is going to be playing basketball soon because.” View on YouTube
Explanation

Kyrie Irving resumed playing NBA basketball for the Nets once New York City's vaccine mandate restrictions on athletes were adjusted in early 2022.

Chamath Palihapitiya Right 00:03:58 politicshealth

New York City mayor Eric Adams will lift the city’s COVID-19 vaccine restrictions (such as proof-of-vaccination requirements) that apply to activities like attending or playing in NBA games, in the near future (within the NBA 2021–2022 season).

“Eric Adams is going to lift the vaccine restrictions.” View on YouTube
Explanation

New York City's COVID-19 vaccine mandate restrictions affecting athletes and other activities were eventually lifted during 2022.

Jason Calacanis Right 00:04:21

The Golden State Warriors will win the NBA championship in the 2021–2022 season.

“the Warriors are going to win this year I don't know.” View on YouTube
Explanation

The Golden State Warriors won the 2022 NBA championship.

David Sacks Wrong 00:14:41 techmarkets

Within roughly one year from November 2021, Solana will surpass Ethereum in terms of developer activity (e.g., number of active developers/projects or similar developer-engagement metrics).

“their view is that Solana over the next year will flip Ethereum based on developer activity” View on YouTube
Explanation

Solana did not surpass Ethereum in developer activity within a year; Ethereum retained a substantially larger developer ecosystem.

Chamath Palihapitiya Right 00:42:54 economy

The elevated inflation being observed in late 2021 in the United States (e.g., CPI running above historical norms) will persist and mark the beginning of a longer-lasting inflationary cycle, rather than being a brief, transitory spike.

“I think it's persistent and persistent. I think it's persistent ... this is the beginning of a persistent cycle.” View on YouTube
Explanation

Inflation persisted and intensified through 2022 rather than proving transitory, as predicted.

David Friedberg Right 00:53:02 conflict

Friedberg predicts that in Q4 2021 there will be escalating global conflict (i.e., measurable increase in international military tensions or conflicts versus earlier in 2021).

“I predict escalating global conflict. That'll be my prediction to mark the, uh, Q4.” View on YouTube
Explanation

Global conflict tensions did escalate in the following months, including the Russian military buildup around Ukraine that preceded the February 2022 invasion.

Chamath Palihapitiya Right 01:02:36 politicsgovernment

Chamath predicts that Xi Jinping will remain the top political leader of China (de facto ruler) for the rest of his life, without a peaceful transfer of power to another leader while he is alive.

“it now looks like we'll be living with XI Jinping until, um, until, you know, he he joins the afterworld. So, uh, he's ruler for life of China.” View on YouTube
Explanation

Xi Jinping has remained China's paramount leader without a transfer of power, consistent with his 2018 constitutional term-limit removal.

David Sacks Too Early 01:04:31 politicsconflictgovernment

Sacks predicts that Xi Jinping is likely to attempt the annexation of Taiwan (forcible political unification with the PRC) before the end of his tenure as China’s leader.

“you'd have to say it's the annexation of Taiwan. I mean, that's the thing that he must be looking to do before you know his time to reunify China. That's the thing that could put him in that league.” View on YouTube
Explanation

Xi Jinping remains in power and has not attempted a forcible annexation of Taiwan as of 2026, so this prediction's premise has not yet been tested to conclusion.

David Friedberg Partly Right 01:12:05 markets

Friedberg predicts that the trend of conglomerates being broken up will continue over the coming years: activist shareholders will target additional large conglomerates, push for breakups, and those breakup campaigns will typically result in the combined equity value of the separated businesses rising by roughly 20–30% relative to the pre‑breakup conglomerate valuation.

“So I think it'll it'll continue to and you could probably go and pick a bunch of these conglomerates and you'll see the activist shareholders doing this. They'll they'll buy a bunch of shares, they'll instigate and say, hey, you guys should break up. The share price will go up by 2,030%.” View on YouTube
Explanation

Conglomerate breakup activity has continued in various forms in the years since, but a consistent, verifiable 20-30% value uplift pattern across cases is not clearly documented.

David Sacks Too Early 01:20:29 tech

Sacks predicts that Apple will release AR glasses as a new computing platform opened to third‑party developers, and that this AR‑glasses product will be launched before Tim Cook retires as CEO of Apple.

“I wouldn't judge the Tim Cook era until we see what happens with glasses. Because this is the product that I hear is coming is going to be their, you know, their AR glasses. And that's going to be a new computing platform that they open up to developers. And I guess Cook's been there for what, a decade. But I think he doesn't want to retire until this comes out. And he can see this is going to be his signature product, I think.” View on YouTube
Explanation

Apple has not yet released dedicated AR glasses as of 2026, and Tim Cook remains CEO, so this prediction has not yet been resolved either way.