All-In E135: Wagner rebels, SCOTUS ends AA, AI M&A, startups gone bad, spacetime warps & more

Key Discussion Points:

1. Wagner Group Rebellion

• Detailed analysis of the Wagner Group's brief rebellion against Russian leadership
• Discussion of Prigozhin's motivations and eventual deal with Putin
• Debate over implications for Russian stability and the Ukraine conflict
• Mixed perspectives on Russian public support for Putin

2. Supreme Court Affirmative Action Ruling

• Analysis of the 6-3/6-2 decisions striking down race-based college admissions
• Discussion of Harvard/UNC cases and implications for higher education
• Debate over legacy admissions and potential future legal challenges
• Examination of alternative approaches to addressing educational inequality

3. AI Industry Developments

• Analysis of Databricks' $1.3B acquisition of MosaicML
• Discussion of Inflection AI's $1.3B funding round
• Examination of enterprise AI infrastructure market dynamics
• Debate over AI startup valuations and investment trends

4. Troubled Startups & Industry Issues

• Discussion of IRL shutdown after fake user revelations
• Analysis of Byju's valuation collapse and challenges
• Critique of venture capital industry dynamics and fund sizes
• Discussion of due diligence failures and lessons learned

5. Science Corner

• Discussion of NANOGrav's breakthrough discovery regarding spacetime waves
• Explanation of how pulsars help detect gravitational waves
• Analysis of implications for understanding universe structure
• Connection to Einstein's theory of general relativity

The episode featured substantive debate between hosts on several key points, particularly around Russian stability post-Wagner rebellion and the implications of ending affirmative action. The discussion frequently returned to concerns about venture capital industry practices and proper due diligence.