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David Sacks
@DavidSacks
EntrepreneurSan Franciscosacks.substack.comJoined March 2007

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Postscript: Some people are trying to assert that I don’t think private planes should file flight plans or transmit ADS-B data. That is not true. If you want to get technical, I’m suggesting that the FAA shouldn’t publish ICAO addresses.
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Of course, the MSM, which supports censorship in the name of “harm reduction” when their favored policies are criticized, sees no issue when actual physical safety is involved.
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But given that the government is actively leaking PII, no social media policy is going to be perfect. At most, it’s a harm reduction strategy; possibly it’s futile. But at least it draws attention to the underlying issue which needs to be fixed.
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Root cause of the problem is that the government violates its own PII policy by streaming GPS coordinates of private planes. This is nuts given the increasing prevalence of GPS-guided weapons.
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According to , a threat to safety occurs when you criticize someone they like, but not when you publish real-time assassination coordinates of someone they don’t.
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Update: Bankruptcy trustee John Ray really cuts through all of the technical jargon that SBF and his media enablers used to obfuscate what he did: “this is just plain old embezzlement.”
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New FTX head John Ray III is asked to compare FTX to Enron. “[Enron crimes] were highly orchestrated financial machinations by highly sophisticated people to keep transactions off balance sheets. This (FTX)... isn't sophisticated whatsoever, this is just plain old embezzlement."
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Excellent recap and breakdown of the recent debate over the Twitter Files.
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youtu.be/HpwySXWeMiI - Things Get HEATED: All In Besties CLASH Over Elon Musk’s Twitter Files NEW #ElonMusk $TSLA #Tesla #TSLA #TeslaStock #Twitter #FreeSpeech #Censorship #Deception #LibsOfTikTok #AllInPodcast #AllInBesties
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Left-leaning content moderator who’s blind to his own bias steps on the other side of the debate while claiming to be neutral. This best describes:
  • Twitter Files
    16.6%
  • All In Pod Ep.107
    40.7%
  • Both
    25.6%
  • Neither
    17.1%
21,060 votesFinal results
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If hadn’t bought Twitter, shadowbanning would still be happening. Twitter would still be denying its existence. But now that it’s exposed, they want you to believe the practice was well understood and the story is a non-revelation.
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This level of corporate transparency is unprecedented. In fact, it’s a model of what journalists and politicians always claim to be seeking. But here they deride it because they don’t like what it exposes: a system of information control they fully support and participate in.
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The only condition agreed to in order to get access to the Twitter Files was to break the story on Twitter. In exchange, he got unfettered access to internal Twitter comms and full editorial control over what he wrote.
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Note to Readers on the "Twitter Files": open.substack.com/pub/taibbi/p/n
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Confirmed.
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Let’s stop pretending that Big Tech even has “moderation policies”. They are making it up as they go, responding to pressure from above and below. They are adrift in terms of principle, which is what happens when you reject free speech.
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How was causing “abuse or manipulation of our service”? His only crime was to express a view on Covid (now proven correct) that Twitter’s thought police didn’t want the public to hear.
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3. Take, for example, Stanford’s Dr. Jay Bhattacharya (@DrJBhattacharya) who argued that Covid lockdowns would harm children. Twitter secretly placed him on a “Trends Blacklist,” which prevented his tweets from trending.
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Same trick SBF uses: distract from the reality of the fraud by using technical jargon.
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Notice how the Twitter censors use big words and euphemisms: "deamplification/visibility filtering", "repertoire of policy remediations", "non-removal policy interventions." They do this to distract from reality. It's called CENSORSHIP. There IS going to be accountability.
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New narrative: ToS proves that Twitter executives were actually fully transparent about the shadowbanning that they constantly and emphatically denied engaging in.
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I discovered this secret document (the publicly available terms of service) that says Twitter sometimes limits the distribution or visibility of content.
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It’s a 50/50 country with one side of the debate being shadowbanned. What will it be once there’s a level playing field?
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MSM: We’re not reporting your evidence-free claim. [Mountain of evidence drops.] MSM: That’s old news.
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Confirmed.
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Free speech is no longer a right, it’s a whim of unelected technocrats who won a network effects lottery. thewrap.com/youtube-purges
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This is the Wile E. Coyote economy. Everyone is trying desperately not to look down as they go off the cliff.
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“For the first time ever, Salesforce said it would not provide financial guidance for next year. They said … they just didn’t know.” Salesforce: “Things Are Too Unpredictable to Provide a Forecast” | SaaStr saastr.com/salesforce-thi
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Summary of Twitter Files debate… Free speech advocates: Social networks should not be working with government actors to censor political opponents or legitimate news stories. MSM: wHy ArE yOu PrOmOtInG HaTe!! Ye is banned. MSM: wHy ArE yOu PrOmOtInG DiCk PiCs!!
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“All the world events we didn’t make public”. What’s talking about?
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Replying to @goldman
It’s heartbreaking. All the world events we didn’t make public to protect brave people. Also, on the Trump poll, “The people have spoken!” How many Russians voted? It’s global. That’s not what we made it for…Chief. Oy.
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If they wanted to keep the Hunter Biden story hidden, they should have kept it in SBF’s margin account.
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Founders: you must be a hands-on CEO or the inmates will run the asylum.
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An amazing subplot of the Twitter/Hunter Biden laptop affair was how much was done without the knowledge of CEO Jack Dorsey, and how long it took for the situation to get "unfucked" (as one ex-employee put it) even after Dorsey jumped in.
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3. ' Bottom Up Substack This is a no-brainer. If you're in SaaS and you are not reading this, you are doing yourself a disservice. Covers: - Product - Organization - Metrics - Mindset One of the BEST resources that is available.
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1/ On SBF & FTX I think this is not going to be a hugely long thread (I think). It is not going to be hugely insightful for anyone deep in crypto. But maybe it will help as a reference to our friends in the media who are struggling quite a bit with this topic
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Meaning that: Given economic headwinds, 2x YoY growth over the next year will be as impressive (or more) as growing 3x last year, assuming a reasonable burn multiple.
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