All-In with Chamath, Jason, Sacks & Friedberg
Sep 23, 2026 · 56 min · 12 segments
(0:00) Steve Hilton joins the Besties! (3:53) How one-party rule broke the state, regulatory bloat & who really writes the laws (12:09) The path to victory: the persuadable voter, the cost-of-living…
California is not just the biggest state, uh, the richest state in the richest, most important country on earth.
It's, it's as I said just then, and, and, and you saw, California means to America what America means to the world.
[laughs]
It represents for me and for so many people over the, like, century plus that this state has been growing and leading in so many ways, the absolute essence of what we love about America: innovation and energy and ambition and hustle, and that kind of rebel spirit that, that cr- That's why we've created so many industries here that have completely transformed the world, starting right here in Los Angeles over a century ago, the entertainment industry, obviously tech that you're all so familiar with, but also our great ag indus-- We have the leading agriculture industry in the world.
This state, I'm afraid, despite all our incredible advantages, and of course we still have them, the things that the people in charge haven't managed yet to ruin, um, our incredible natural beauty and the weather and the energy that you see in our startup communities, the best innovation ecosystem anywhere in the world, great universities.
Today in California, we have the highest poverty rate in the country, the highest unemployment rate, the highest cost of living by far.
Now, Chief Executive Magazine has ranked California in its annual survey of business leaders for more than a decade, fiftieth out of fifty for business climate.
California is not just the biggest state, uh, the richest state in the richest, most important country on earth.
It's, it's as I said just then, and, and, and you saw, California means to America what America means to the world.
[laughs]
It represents for me and for so many people over the, like, century plus that this state has been growing and leading in so many ways, the absolute essence of what we love about America: innovation and energy and ambition and hustle, and that kind of rebel spirit that, that cr- That's why we've created so many industries here that have completely transformed the world, starting right here in Los Angeles over a century ago, the entertainment industry, obviously tech that you're all so familiar with, but also our great ag indus-- We have the leading agriculture industry in the world.
This state, I'm afraid, despite all our incredible advantages, and of course we still have them, the things that the people in charge haven't managed yet to ruin, um, our incredible natural beauty and the weather and the energy that you see in our startup communities, the best innovation ecosystem anywhere in the world, great universities.
Today in California, we have the highest poverty rate in the country, the highest unemployment rate, the highest cost of living by far.
Now, Chief Executive Magazine has ranked California in its annual survey of business leaders for more than a decade, fiftieth out of fifty for business climate.
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