Everything Sahil Bloom said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Bloom: Terra Luna faces a real risk of a downward market spiral
“There's this swap mechanism where, If suddenly that yield starts to drop or if they're not able to maintain it, if people start selling rather than buying Luna, and if you have a bunch of people swapping It does create this market spiral, right? Like there is …”
Bloom: STEPN rewards paid from new entrants resemble a Ponzi scheme
“The money is from new people buying into it and you're paying out rewards from new people buying in. That to me, I'm like, that's the definition of a Ponzi scheme when I look at it.”
Bloom: Over 10 Years, I Back Do Kwon and Terra Luna
“I actually don't know where I would land on the bet for one year from now, but 10 years from now, I like I like the Duquan side of it.”
Bloom: Buying rental properties is mostly vanity and underperforms REITs
“Personally, I think that most people that buy rental properties, maybe this is a hot take, it's like a vanity thing, where they want to be able to flex and say that they own rental properties. Because the vast majority of my friends that have done that, it is …”
Bloom: Mid-tier generalist VCs are a wasteland lacking clear value props
“The venture landscape had fundamentally changed. You were having this disruption where a barbell had formed, where on one end of that barbell, you have the Sequoia, Benchmark, Andreessen, Tiger Global, these like big name cache firms who, when they write a che…”
Bloom: Fed Will Pivot on Q2 Weakness, Fueling Growth Stock Rally
“My gut tells me that we're going to see like a pretty bad Q two from an economy standpoint. Like I wouldn't be shocked if we actually saw a negative growth and people panic. I think the fed will just like reverse course very quickly. Cause they've shown an unw…”
Bloom: Top Creators Generate More Value for Twitter Than Billionaire Shareholders
“I have contributed more value to Twitter and like probably more innovation to Twitter than some random billionaire that owns a hundred million dollars of Twitter stock, like just full stop. I understand the product probably better. I understand the puts and ta…”
Sahil Bloom predicts mid-sized venture funds will face severe survival pressure
“The middle of this landscape that exists here is going to be challenged. And I think what it leads to is maybe not the death of the middle. It's going to be a survival of the fittest though, where they have to, and will be forced to figure out what their true …”
Bloom: TikTok is de facto controlled by Chinese government
“TikTok, which is Chinese owned, and de facto controlled by the Chinese government, by the way, and owns the data of literally every single teenager in the United States.”
Bloom: Mobile internet gives Indian youth Ivy League-level opportunity access
“A kid on the streets in India that has access to his phone because of what Reliance Geo has done has a lot of the same opportunities today, and hopefully will continue to have even more as the kid who grew up in Greenwich and went to the Ivy League.”
Bloom: Consumers do not care about privacy enough to sacrifice functionality
“One of my like general hot takes is that people don't actually care that much about privacy or like the average person doesn't really care that much about privacy and won't be willing to actually pay for it with worse functionality.”
Bloom: Psychedelic criminalization will be substantially reduced by 2031
“I do think in 10 years, it's hard to imagine the level of criminalization around psychedelics as exists today, and so if you were out in front of it and building
You should reap outsized rewards for doing that.”
Bloom: 'Second brain' tools create illusion of progress without actual work
“What I found in my own experience working with some of those things is that you end up moving a whole lot, but not actually making progress on things. You know, you like have this complicated productivity system, but you're not actually you know, creating prog…”
Bloom: Networking is dead because transactions prevent genuine relationships
“Networking is dead because it implies a transaction that is not conducive to building real relationships.”
Bloom: People Give Themselves Too Much Grace Instead of Self-Accountability
“While I agree that occasionally we need to give ourselves a little bit of grace, I think for most people, we actually need to hold ourselves to the fire more often than not. I think we give ourselves too much grace and look, I like, maybe that's a harsh take, …”
Bloom: A Great Marriage Is the Biggest Cheat Code for Making Money
“I personally think that having an incredible marriage is the biggest cheat code for making a lot of money in life.”
Bloom: Passive DCA into S&P and crypto dramatically beat his active bets
“I actually looked recently at my portfolio and like my five-year returns and the like smart investments I made like things where I thought I had edge or some sort of insight that was going to make it, you know, beat the market have underperformed the dumb doll…”
Sahil Bloom: Most 200-page business books could be 2-5 page newsletters
“The entire like nonfiction book industry you know, business books, self-help books, like all of that stuff, the vast majority of those things are like 200 pages, but could have been said in a like two page or five page article or newsletter.”
Bloom: Business school is an easy default for those fearing career uncertainty
“I think like business school is like the it's like the uncertainty pick where like people aren't willing to tolerate the like uncertainty of what comes next at that first pivot point in their career. And business school is like the easy the easy answer.”
Bloom: FTX reached agreement to acquire BlockFi for up to $240M
“FTX is now, you know, under a definitive agreement to acquire block five for like, I don't really care how, you know, the CEO positioned it, you know, with the revolving line of credit, that's not really enterprise value. It's not like buying the equity, but l…”
Bloom: Breakout Web3 games will come from major AAA studios
“Yeah, I think they're going to have to create like a You know, like a separate entity that kind of allows it to be more free ownership and it'll come from one of those big studios. Not a, I actually don't think it'll be a new studio that raises money.”
Bloom: US Government Settled Ross Ulbricht's $193M Restitution Debt via Seized Bitcoin
“The U.S. Government has, like, basically secretly signed a deal with him that this one billion dollar bounty that they have found from a hack of the Silk Road, they are crediting towards his debts to the U.S. Government, and so he has now effectively paid back…”
Bloom: Ross Ulbricht Will Eventually Be Released From Prison
“I think there's, like, a broad case to be made that that he will get out at some point.”
Bloom: Web3 Skews Too Far Toward Selling Over Building Products
“The web three space in general, I think has skewed too far to the cell and not enough to the build. So I think it's like a good call to arms in general to like throw a shot across the bow to the general industry of like, You know, there's so many of these comp…”