E6: Vivek Ramaswamy on Running for President in 2024 and His Message to Silicon Valley

Vivek Ramaswamy is a 2024 Republican presidential candidate who founded biotech company Roivant Sciences, now public. He has written books about what he sees as the excesses of woke capitalism and started an asset management firm called Strive, meant to be a right-wing competitor with BlackRock. With his presidential campaign, Vivek challenges conventional orthodoxy on several core issues, including affirmative action and climate change. Regardless of what you may think about his policies or him, it's worth understanding how he stands to influence our upcoming election and inject his views into the mainstream. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/upstream -- RECOMMENDED PODCAST:  Every week investor and writer of the popular newsletter The Diff, Byrne Hobart, and co-host Erik Torenberg discuss today’s major inflection points in technology, business, and markets – and help listeners build a diversified portfolio of trends and ideas for the future. Subscribe to “The Riff” with Byrne Hobart and Erik Torenberg: https://link.chtbl.com/theriff TIMESTAMPS:  (00:00) Preview of the episode (04:10) When Vivek changed from founder to presidential candidate (11:47) Vivek’s presidential platform: Affirmative action, Climate, Fed, Drug crisis (16:34) Sponsors: Secureframe (17:58) Where Vivek overlaps/differs with Silicon Valley: DEI, Free speech, SVB (25:51) Meritocracy above all else? (32:32) How to remove politics from corporations (40:26) Silicon Valley should empathize more with the rest of the country? (56:56) Defining “woke” (58:14) What’s it like to run a presidential campaign SOCIAL LINKS: Erik’s Twitter: @eriktorenberg Vivek’s Twitter: @VivekGRamaswamy Podcast Twitter: @Upstream__Pod Erik’s Substack: eriktorenberg.substack.com Please support our sponsors: Beehiiv | Shopify | Secureframe  Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝to https://Beehiiv.com and use code "UPSTREAM" for 20% off your first three months -Shopify: https://shopify.com/torenberg for a $1/month trial period Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of all ecommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries. From their all-in-one ecommerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. Sign up for $1/month trial period: https://shopify.com/torenberg. - Secureframe: https://secureframe.com/ Secureframe is the leading all-in-one platform for security and privacy compliance. Get SOC-2 audit ready in weeks, not months. I believe in Secureframe so much that I invested in it, and I recommend it to all my portfolio companies. Sign up for a free demo and mention UPSTREAM during your demo to get 20% off your first year. -- This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at [email protected].