Bill Gurley’s inspirational speech at the All-In Summit motivated me to record an episode focusing on the worldwide issue of regulatory capture. Tune in today to learn more about what regulatory capture is, the numerous industries that have been accused of facilitating it, and what it could mean for the future of financial services and Big Tech. 

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Today’s episode:

• [00:38] The inspiration behind today’s episode. 
• [01:55] Who Bill Gurley is. 
• [02:50] Understanding regulatory capture. 
• [03:35] Examples of how regulatory capture can occur. 
• [05:50] Why the pharmaceutical industry has been accused of regulatory capture. 
• [06:36] Other industries that have been accused of regulatory capture. 
• [07:29] Signs of regulatory capture in the financial industry. 
• [08:29] Bill’s prediction about future relations between Big Tech and the government. 
• [09:53] Why I disagree with Bill’s assessment of Coinbase. 
• [10:50] The importance of having open discussions about regulatory capture. 

Show links:

• Watch Bill Gurley’s speech here.

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