Stimulus Checks

topic on 3 shows · 5 statements across 4 episodes

My First Million Top Founders All-In

5 statements about Stimulus Checks, every show

Parr: Giving Direct Cash Outperforms Most Bureaucratic Charity Programs
“Turns out that just giving poor people money is probably better than, like, a huge percentage of charities where they're like, you know, in order to, like, Help young single moms who are poor. I'm going to help you get a job. I'm going to help you. Like you go…”
Sam Parr Sep 4, 2026 ▶ 30:06 How to use your "useless” hobby to make money
ALL-IN Assertion Not checkable as stated
Calacanis: Stimulus checks created service worker shortages by disincentivizing labor
“We have a shortage of Uber drivers, we have a shortage of bartenders, waiters, nobody was a lot of people are just choosing not to go to work because they have their stimmies.”
Jason Calacanis May 1, 2021 ▶ 34:49 E31: Post-vaccination virtue signaling, pandemic lessons, immigration, Caitlyn Jenner for CA & more
ALL-IN Assertion Partly supported
Friedberg: Investing the three US stimulus checks in Dogecoin yields $300,000
“It turns out if you put your stimulus check out of each of the last three stimulus checks into Dogecoin, you would have 300,000 dollars.”
David Friedberg Apr 17, 2021 ▶ 1:15:47 E29: Coinbase goes public, direct listings vs. IPOs, unions & more with Bestie Guestie Brad Gerstner
TOP FOUNDERS Prediction Not checkable as stated
Santens: $2,000 monthly stimulus checks will prevent business failures during COVID-19
“So if you do have that money, if you do, if we make sure that everyone gets 2000 dollars a month for the rest of this crisis, Then first of all, you prevent a lot of those businesses from failing that would otherwise have failed. You grow and stimulate these b…”
Scott Santens May 20, 2020 ▶ 21:17 Scott Santens on UBI vs Stimulus Checks
TOP FOUNDERS Prediction Didn’t hold up
Latka: Additional stimulus payments will pass before the 2020 election
“I don't think Trump can turn that off between now and the election. I don't think that turns off. I think you see additional stimulus is passed. They're not calling it a UBI. It's in response to the virus, but we cannot turn these things off.”
Nathan Latka May 20, 2020 ▶ 1:10:35 Scott Santens on UBI vs Stimulus Checks

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