Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

4388.775 - 4412.288 Chamath Palihapitiya

This was a regulatory crisis that unfolded over many months and kept getting worse and worse. And we kept discovering new compliance violations. And this created a 50-state insurance investigation that could have shut the company down. And he controlled the board. He didn't have to leave if he didn't want to. He ultimately perceived that it was in his interest to leave and let us clean it up.