Latest news with #DavidSacks
Yahoo
a day ago
- Entertainment
- Yahoo
All-In Podcast Launches ‘The Besties All-In Tequila'
Limited Release of the Ultra-Premium Tequila Now Available at LOS ANGELES, June 27, 2025--(BUSINESS WIRE)--Today, All-In Podcast hosts Chamath Palihapitiya, Jason Calacanis, David Sacks, and David Friedberg – A.K.A. "The Besties" – launched The Besties All-In Tequila. The All-In Podcast is one of the world's top-ranking podcasts that features insider takes on business, technology, and society. In 2023, The Besties discovered a very rare store of tequila in Jalisco, Mexico that was pot-distilled from 100% Blue Weber agave and aged in white oak ex-whiskey barrels for five years. After sampling directly from the barrels, the group knew they had stumbled onto something special and immediately acquired the entire supply. The Besties worked with a local master distiller to blend the batch to a perfect balance over months of tastings and iterations. The Besties All-In Tequila was born, an exceptional extra anejo featuring a smooth, slightly sweet taste with hints of wood, citrus, dried fruits, butterscotch, vanilla, cacao, toffee, and cooked agave. To match the tequila's exceptional quality, The Besties designed limited-edition packaging. Each bottle is a custom, hand crafted art piece featuring hand painted poker chip accents and an individually numbered medallion for collectors. The interior of the box illuminates upon opening to showcase the complexity of the bottle's design. Each collector's box includes The Besties' signatures. "It's been wonderful to build this product together. We fight, we argue and then we come back together. You're going to love drinking this tequila and the bottle is gorgeous," said Jason Calacanis. "We do these projects because they're fun to do together," agreed Chamath Palihapitiya. "The money isn't going to change anyone's life — well, except maybe JCal's." David Sacks shared the spirited backstory behind the launch, from late-night group chats to tequila tastings in Mexico. "We found a rare set of five-year aged agave barrels and turned them into something we're really proud of. People are going to be surprised by how smooth and good this tequila is. We wouldn't put our names on it if it wasn't exceptional." The Besties hosted a private black-tie event at Delilah in Los Angeles, CA to celebrate the launch. The invitation-only event welcomed tastemakers, tech founders, venture capitalists, and entertainment industry elite for an evening of live music performances, tequila tastings, and curated experiences. The Besties All-In Tequila is now on-sale at for $1,200 US plus applicable taxes and fees per bottle. All sales will be fulfilled by Flaviar. Order delivery is expected in late summer 2025. ABOUT THE ALL-IN PODCAST The All-In Podcast delivers conversations worth having. When the pandemic prevented four friends from convening their weekly poker game, they took to the airwaves to socialize and discuss the news of the day. Hosted by Chamath Palihapitiya, Jason Calacanis, David Sacks, and David Friedberg, the show features insider takes on business, technology, and society and interviews with the world's most influential thinkers. View source version on Contacts daniel@
Yahoo
4 days ago
- Business
- Yahoo
The All-In Podcast's $1,200 tequila has already sold out
The VCs, pod bros, and self-proclaimed 'besties' of the All-In Podcast launched their own tequila brand Saturday night and it promptly sold out, according to liquor ecommerce sites. Their version of the Mexican spirit cost a jaw-dropping $1,200 apiece but only 750 bottles were made. The stacked poker-chip container was inspired by the 'besties' love of the card game. The All-In Podcast is one of the most popular shows by venture investors who have turned to politics. The besties consist of Launch founder Jason Calacanis, Craft Ventures founder David Sacks, who is a member of the Trump administration as AI Czar, David Friedberg, who founded and is CEO of The Production Board, and so-called SPAC king Chamath Palihapitiya of Social Capital. The photos from the evening's launch gala, which was held June 21 at swanky LA restaurant Delilah, give off a 1960s-era Rat Pack vibe. VC Brianne Kimmel was apparently in attendance at the party flanked by LA's who's-who in tech. She described it on X as 'Fun night, everyone looked great, SPAC jokes were made.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TechCrunch
4 days ago
- Entertainment
- TechCrunch
The All-In Podcast's $1,200 tequila has already sold out
In Brief The VCs, pod bros, and self proclaimed 'besties' of the All-In Podcast launched their own tequila brand Saturday night and it promptly sold out, according to liquor ecommerce sites. Their version of the Mexican spirit cost a jaw-dropping $1,200 apiece but only 750 bottles were made. The stacked poker-chip container was inspired by the 'besties' love of the card game. The All-In Podcast is one of the most popular shows by venture investors who have turned to politics. The besties consist of Launch founder Jason Calacanis, Craft Ventures founder David Sacks, who is a member of the Trump administration as AI Czar, David Friedberg, who founded and is CEO of The Production Board, and so-called SPAC king Chamath Palihapitiya of Social Capital. The photos from the evening's launch gala, which was held June 21 at swanky LA restaurant Delilah, give off a 1960s-era Rat Pack vibe. VC Brianne Kimmel was apparently in attendance at the party flanked by LA's who's-who in tech. She described it on X as 'Fun night, everyone looked great, SPAC jokes were made.'
Yahoo
5 days ago
- Business
- Yahoo
Crypto Czar's Clue: David Sacks Hints at Expanded US Bitcoin Reserve
After printing all-time highs earlier this year and surpassing the landmark $100k level, Bitcoin has oscillated for months and is retreating. Despite the short-term weakness, Bitcoin provides investors with five reasons to be bullish into year-end, including: Earlier this year, President Donald Trump and his hand-selected 'Crypto Czar' David Sacks lit up the Bitcoin lexicon by announcing the 'Strategic Bitcoin Reserve and US Digital Asset Stockpile.' Through the March 6th Trump administration executive order (EO), the US government will hold onto any Bitcoin seized through nefarious activities (The US currently holds ~200k Bitcoin). While the EO means that the US government will not flood the market with a massive supply of Bitcoin, it will not add to Bitcoin demand. However, recent comments from David Sacks at the world's largest Bitcoin conference suggest that that could change in the future. Sacks indicated that the US government may expand the Bitcoin Strategic reserve by acquiring more Bitcoin through 'budget neutral' strategies. Using the iShares Bitcoin ETF (IBIT) as a Bitcoin proxy, Bitcoin is retreating to its rising 50-day moving average for the first time since making a low at the beginning of Q2. Typically, the first tag of the 50-day moving average after a price advance establishes a high probability support zone. Image Source: Zacks Investment Research Earlier this month, the GENIUS (Guiding and Establishing National Innovation for US Stablecoins Act) passed the US Senate in a bipartisan fashion and with a wide margin of 68-30. Though the act is primarily focused on providing regulatory to stablecoins (digital assets pegged to fiat and other assets) like Circle's (CRCL) USDC, GENIUS will profoundly impact the digital asset market as a whole, including Bitcoin. The GENIUS Act will lead to further Bitcoin adoption for three reasons, including: 1. Regulatory Credibility: Over the years, a key struggle that has stymied Bitcoin demand is the lack of regulatory clarity. Industry leaders like Coinbase (COIN) CEO Brian Armstrong have complained for years about the lack of comprehensive regulations in the digital asset space. By regulating stablecoins, the government lends credibility to digital assets in general, including Bitcoin. 2. A Broader Crypto Ecosystem: Increased trust and regulatory oversight will lead toa sturdier andwidely accepted digital asset ecosystem. 3. The Stablecoin Stepping Stone: With more institutions and digital asset users leveraging stablecoins, the GENIUS Act will act as a new entry point for other crypto assets like Bitcoin for once non-crypto users. Between the growing popularity of Bitcoin ETFs and companies like Strategy (MSTR) and Block (SQ), which continue to add Bitcoin to their balance sheets by the millions, institutional Bitcoin demand will likely remain robust into 2026. Despite Fed Chair Jerome Powell's recent hawkish monetary policy stance, investors are pricing in a 50 bps interest rate cut (according to the betting website Polymarket). Historically, lower rates (more liquidity) have been bullish for Bitcoin. Bottom Line Despite Bitcoin's recent sloppy price action and a retreat from all-time highs, a confluence of factors, including a potential expansion of the US Strategic Bitcoin Reserve, paint a decidedly bullish picture for Bitcoin into 2026 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
5 days ago
- Business
- Globe and Mail
Crypto Czar's Clue: David Sacks Hints at Expanded US Bitcoin Reserve
After printing all-time highs earlier this year and surpassing the landmark $100k level, Bitcoin has oscillated for months and is retreating. Despite the short-term weakness, Bitcoin provides investors with five reasons to be bullish into year-end, including: Crypto Czar David Sacks Hints at Potential Expansion of US Strategic Bitcoin Reserve Earlier this year, President Donald Trump and his hand-selected 'Crypto Czar' David Sacks lit up the Bitcoin lexicon by announcing the 'Strategic Bitcoin Reserve and US Digital Asset Stockpile.' Through the March 6 th Trump administration executive order (EO), the US government will hold onto any Bitcoin seized through nefarious activities (The US currently holds ~200k Bitcoin). While the EO means that the US government will not flood the market with a massive supply of Bitcoin, it will not add to Bitcoin demand. However, recent comments from David Sacks at the world's largest Bitcoin conference suggest that that could change in the future. Sacks indicated that the US government may expand the Bitcoin Strategic reserve by acquiring more Bitcoin through 'budget neutral' strategies. Bitcoin Enters High Probability Reward-to-Risk Zone Using the iShares Bitcoin ETF ( IBIT ) as a Bitcoin proxy, Bitcoin is retreating to its rising 50-day moving average for the first time since making a low at the beginning of Q2. Typically, the first tag of the 50-day moving average after a price advance establishes a high probability support zone. GENIUS Act May Spur More Bitcoin Demand Earlier this month, the GENIUS (Guiding and Establishing National Innovation for US Stablecoins Act) passed the US Senate in a bipartisan fashion and with a wide margin of 68-30. Though the act is primarily focused on providing regulatory to stablecoins (digital assets pegged to fiat and other assets) like Circle's ( CRCL ) USDC, GENIUS will profoundly impact the digital asset market as a whole, including Bitcoin. The GENIUS Act will lead to further Bitcoin adoption for three reasons, including: 1. Regulatory Credibility: Over the years, a key struggle that has stymied Bitcoin demand is the lack of regulatory clarity. Industry leaders like Coinbase ( COIN ) CEO Brian Armstrong have complained for years about the lack of comprehensive regulations in the digital asset space. By regulating stablecoins, the government lends credibility to digital assets in general, including Bitcoin. 2. A Broader Crypto Ecosystem: Increased trust and regulatory oversight will lead toa sturdier andwidely accepted digital asset ecosystem. 3. The Stablecoin Stepping Stone: With more institutions and digital asset users leveraging stablecoins, the GENIUS Act will act as a new entry point for other crypto assets like Bitcoin for once non-crypto users. Bitcoin's Insatiable Institutional Demand Between the growing popularity of Bitcoin ETFs and companies like Strategy ( MSTR ) and Block (SQ), which continue to add Bitcoin to their balance sheets by the millions, institutional Bitcoin demand will likely remain robust into 2026. Risk-On Assets Like Bitcoin Are In Vogue Despite Fed Chair Jerome Powell's recent hawkish monetary policy stance, investors are pricing in a 50 bps interest rate cut (according to the betting website Polymarket). Historically, lower rates (more liquidity) have been bullish for Bitcoin. Bottom Line Despite Bitcoin's recent sloppy price action and a retreat from all-time highs, a confluence of factors, including a potential expansion of the US Strategic Bitcoin Reserve, paint a decidedly bullish picture for Bitcoin into 2026 Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up MicroStrategy Incorporated (MSTR): Free Stock Analysis Report Coinbase Global, Inc. (COIN): Free Stock Analysis Report
