All-In E95: Winter is Coming, Europe's energy crisis, Kim Kardashian's new PE firm & more

Europe's Energy Crisis & Russia

• Discussion of Russia cutting off gas to Europe through Nord Stream 1 pipeline, claiming turbine issues
• European gas shipments down 89% since previous year, with prices 4x higher than a year ago and 8x US levels
• Perfect storm with France's nuclear plants at half capacity and drought impacting hydroelectric power
• Key issue: Europe's 40% dependency on Russian natural gas for energy needs
• Major impacts:
  • Industrial production shutdowns (esp. fertilizer plants)
  • Skyrocketing heating costs for households
  • Currency impacts as governments need to subsidize energy costs
• Growing protests across Europe calling for:
  • Government action on inflation
  • Energy price subsidies
  • Settlement with Russia to end Ukraine conflict

Kim Kardashian's Private Equity Move

• Kim Kardashian launching PE firm with Carlyle veteran Jay Salmons
• Building on success of Skims ($3.2B valuation) and massive social following (329M on Instagram)
• Discussion of influencer trends in business:
  • Chamath argues traditional brands will die in next 30 years
  • Content creators like Mr. Beast and Kim K have built-in distribution
  • Examples of success: Mr. Beast Burger, Kylie Cosmetics
  • Key advantage is zero/low customer acquisition costs

ADHD Medication Concerns

• Discussion of growing concerns about overprescription of ADHD medications to children
• Antidepressant prescriptions for teens up 38% from 2015-2019
• Group discusses alternative treatments including:
  • FDA-approved video game treatment called Akili
  • Exercise and counseling approaches
• Concerns about pressure from schools/teachers to medicate children
• Comparison made to opioid crisis in terms of potential long-term impacts

The episode concluded with brief plugs from the hosts for various business ventures and a suggestion to do a future AMA (Ask Me Anything) session with listeners.