Podcast Episodes
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Understanding equity at tech companies, with Billy Gallagher of Prospect
Episode 69
Why do billions of dollars of stock trade hands based on napkin math and vibes? Billy Gallagher, CEO of Prospect and former Rippling employee, joins …
5 months, 1 week ago
The $4,000 insurance policy designed to never pay out
Episode 68
Patrick McKenzie (patio11) reads his essay on title insurance, a service designed to never be performed with a "laughably low" 5% loss ratio compared…
5 months, 2 weeks ago
How deposit insurance actually works
Episode 67
Patrick McKenzie (patio11) reads his Bits about Money essay on deposit insurance, explaining this critical financial infrastructure, with some though…
5 months, 3 weeks ago
Home improvement lending with fewer bankers and more computers
Episode 66
In this episode, Patrick McKenzie reads his essay about the financial infrastructure that makes buying windows painless. When a window installer can …
6 months ago
Talking to the Bank of England about systemic risk and systems engineering
Episode 65
Patrick McKenzie (@patio11) shares his remarks to the Bank of England on critical vulnerabilities in financial infrastructure. Drawing from the July …
6 months, 1 week ago
Narrative, mastery, and character bleed in games, with Ricki Heicklen
Episode 64
Patrick McKenzie (patio11) is joined again by Ricki Heicklen to discuss Metagame 2025, a conference where 250 attendees were divided into Purple and …
6 months, 2 weeks ago
Bits and bricks: Oliver Habryka on LessWrong, LightHaven, and community infrastructure
Episode 63
Patrick McKenzie (patio11) is joined by Oliver Habryka, who runs Lightcone Infrastructure—the organization behind both the LessWrong forum and the Li…
6 months, 3 weeks ago
Building institutions that bend towards truth, with Clara Collier of Asterisk Magazine
Episode 62
Patrick McKenzie is joined by Clara Collier, editor and publisher of Asterisk Magazine, to discuss how we create institutions that bend towards truth…
6 months, 4 weeks ago
How blogging went legit, with Substack CEO Chris Best
Episode 61
Patrick McKenzie is joined by Chris Best, CEO of Substack, to discuss how the platform created new economic infrastructure for independent media. The…
7 months ago
Prestige media, new media, and the US government, with Kelsey Piper
Episode 60
Patrick McKenzie is joined again by Kelsey Piper, who has co-founded "The Argument" to revive principled liberal discourse after witnessing how coord…
7 months, 1 week ago