All-In E162: Live from Davos! Milei goes viral, Adam Neumann's headwinds, streaming's broken model & more

Davos and Milei's Speech

• The World Economic Forum (WEF) in Davos is facing growing skepticism, with attendees now apologizing for attending rather than flexing about it
• Argentina's President Javier Milei gave a powerful speech criticizing collectivism and defending free markets
• Milei's speech went viral for directly confronting Davos elites about socialism leading to poverty
• Jamie Dimon gave notable comments supporting Trump's previous policies on NATO, immigration, and China

Adam Neumann's Flow Venture Facing Challenges

• Flow has ~3,000 apartment units purchased by Neumann after leaving WeWork
• Andreessen Horowitz invested $350M at $1B valuation in 2022
• Company facing interest payment challenges due to floating rate debt and high interest rates
• Similar to WeWork, good product/experience but poor financial structure and timing

Streaming Industry Analysis

• NBC Universal paid $100M for exclusive streaming rights to one NFL playoff game
• High churn rates plague streaming services (examples: Stars 12% monthly, Peacock 8.4%)
• Netflix still showing strong growth despite challenges (247M subscribers)
• Industry likely heading toward consolidation and integration of advertising tiers

Microplastics Study

• New research found ~240,000 plastic particles per liter in bottled beverages
• Particles small enough to cross blood-brain barrier
• No conclusive evidence yet of health impacts but growing concerns
• Panel discussed shifting away from plastic bottles to glass alternatives
• Recognition that plastic provided affordable packaging solutions globally

The episode concluded with discussion of potential all-in poker tournaments and friendly banter between the hosts.