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Recorded on: June 12th, 2026

TOPICS:

0:00 - Intro

2:05 - SpaceX IPOs

10:10 - Does Trillionaire Matter?

23:36 - Liquidity for a Cash-off

27:00 - Hank Green and the Google Stock Sale

33:22 - Netherlands stops US Tech Merger

39:02 - US continues to push away allies

41:16 - No one is running for Mayor in this town

43:00 - Should a 7yr old play CS professionally?

50:05 - Trying to manage children's video games

57:27 - Airport Lounges are trying something new

1:04:10 - Outro

Comments

Waloki jeps

I think in general if you ever get 1 trillion dollars they should obliterate you Like that’s too big of a number

Benjamin Zeien

Yo why are we trying to defend billionaires rn

Lachlan Haydon

Elon being in charge of DOGE is still crazy to think about

Gdi jff

How is this the conclusion you reached

Manlikechuki

The entire bit where Doug is arguing that not being able to turn your trillion dollars of assets into a trillion dollars in cash is really frustrating and difficult to listen to. Your net worth is your assets - liabilities. Your cash is just a portion of assets. Sure he may not be able to convert every dollar of his net worth into cash, but what does that change. If you had a trillion dollars in cash, the first thing you would do is buy assets. Ideally more diversified than Musk, but still you would buy assets, because that’s what cash is for.

Jamie McCullough

the ''stock isn't liquid'' point is completely useless because like Atrioc said, you just borrow against it.

henhenx7

You dont need to sell all your shares for cash to use the networth of your assets. If someone was selling an island for 200B, you dont gave to liquidate your stock to buy the island. You can just negotiate a share price and quantity and trade it outside of the market so you dont trigger a sell-off.

Jack Haehl

What if your son wanted to be a pro Gorilla Tag player?

Spice

aiden dying on cs hill is too funny

Sinclair

Bro only read the title

Benjamin Zeien

"It's not like they actually have billions in liquid cash" yea bro and my mother is struggling to buy groceries who fucking cares

Sinclair

Ahhh I see what you’re seeing. I shouldn’t have presumed. I think Doug was wondering why they get to be classified as having x amount of money if they can’t actually procure that money. I get why he was wondering, but I do think his point is null because their net worth determines their stupid insane borrowing power, and that’s why they get to be labeled as billionaires or trillionaires. He wasn’t saying that it’s fine and dandy to be a billionaire. In fact, he seemed just as pissed off about it as we are.