Top 10 Most Famous Chamath Palihapitiya Quotes (BEST)
“I want children who can make eye contact. I want children who know how to resolve conflicts with their peers. I want children who understand the dynamics of interpersonal relationships that are physical and tactile. I do not want children that only know how to interface with the world through a screen.”
Chamath Palihapitiya
“We need to go after cancer, diabetes, climate change, the substantive problems of the world that, if were solved, would create immense wealth and opportunity that would cascade across countries.”
Chamath Palihapitiya
“Companies are transcending power now. We are becoming the eminent vehicles for change and influence, and capital structures that matter. If companies shut down, the stock market would collapse.”
Chamath Palihapitiya
“When I left Facebook, I left an enormous amount of equity on the table. I thought, ‘I don’t want to be a slave to money. I want to be a slave to something bigger: an ambition, a goal.'”
Chamath Palihapitiya
5 Chamath Palihapitiya Quotes on Successful Investing
“If the investors themselves are not sophisticated, if they themselves are not putting a lot of their own money to work, if they themselves don’t understand the continuum of capital and how different parts of the capital structures react differently, then they’re basically worthless. They’re not going to give great advice to these entrepreneurs who then need it. So that is unfortunately the cycle we’re in and we have to break the cycle.”
Chamath Palihapitiya
Much like Warren Buffett has said very famously – he doesn’t buy technology stocks because he doesn’t understand them – I will not buy consumer goods companies because I do not understand them.
Chamath Palihapitiya
“I am building a fairly sizeable portfolio of what are called NFTs, non-fungible tokens, some digital art, some virtual trading cards, and these may sound crazy to some, but I do think that that’s the next frontier of digital currency and digital assets. So I have been building a portfolio.”
Chamath Palihapitiya
8 Chamath Palihapitiya Quotes on Startups & Entrepreneurship
“I think the reality is that it’s never been a better time to be an entrepreneur, it’s never been a better time to work at a startup. You work at a really intellectually free environment, you get to work with people who are like-minded, it’s very energetic. It’s wonderful.”
Chamath Palihapitiya
“As you start the company, you start spending spending spending ahead of revenue but then you come out of it and very quickly you should become a company that spends less than it makes. And what I mean by very quickly, is that window of time should be in that 6 to 8 year time frame. And the reason is because if you build your model correctly it’s almost unavoidable.”
Chamath Palihapitiya
“If you look at the ecosystem, entrepreneurs as a class have gotten younger, younger, and younger. They also as a class have become less and less and less experienced. The good part about that is that you’re unlocking this ability to start a company to so many more people. That’s an amazing positive. The negative is they’re coming to that job with dramatically less experience than they’ve ever had. So there needs to be someone around the table that can then help them.”
Chamath Palihapitiya
“I would tell startups to just keep your head down, keep building. Your contingency plan, if you have one, should be because you are still spending more than you make and you still don’t have a line of sight for that J curve. That is the most important contingency. Because otherwise you are betraying that equation to your cofounders, to your investors, to your employees and to your customers.”
Chamath Palihapitiya
5 Chamath Palihapitiya Quotes on Profitability
The goal of a private company is, first, zero to one. Get past the product market fit, figure out whether people actually care about what you’re trying to build and someone will pay you money for that. That’s the zero to one problem. So scaling, one through N, is figuring out can you do that at scale and how big is the scale. And when people pay you more than what it costs for you to make it, does that equation end up leaving you with money left over, i.e. profits.
Chamath Palihapitiya
“It’s OK, by the way, that it takes 10 years for you to make ‘money.’ Since when was it that being in your mid-30s to make a few hundred thousand dollars or a million dollars was like egregiously unfair? I think we have to have a sense of perspective here. We’re all going to live into our 80s or 90s. So what is everybody in such a rush for?”
Chamath Palihapitiya
2 Chamath Palihapitiya Quotes on Truth and Popularity
“Today we live in a world now where it is easy to confuse truth and popularity. And you can use money to amplify whatever you believe and get people to believe what is popular is now truthful. And what is not popular may not be truthful.”
Chamath Palihapitiya
“All these social media sites allow us to confuse truth and popularity. That has to be fixed. Because every normal citizen has a right to know what is factual versus what is amplified by good actors or bad actors.”
Chamath Palihapitiya
6 Inspirational Chamath Palihapitiya Quotes About Life
“I’m a living testament to the value of immigration. I escaped a civil war, and I came to Canada as a refugee, and they gave my family protection. I did my best to pay that country back, and I think I did that.”
Chamath Palihapitiya
“I am is a byproduct of my generation and media culture, which is faceted. Not always great facets, but multifaceted. And so you have to speak in the language of the times in order to get your point across.”
Chamath Palihapitiya
7 Chamath Palihapitiya Quotes that Will Make You Think
“I’ve found that a lot of successful poker players grew up poor. And I’m convinced that poor people have a risk tolerance that rich people don’t have because poor people fundamentally don’t value money that much because they’re used to not having it.”
Chamath Palihapitiya
“Let me tell you who was wrong: every single hedge fund. Name after name, when it comes to innovation, when it comes to growth, when it comes to people trying to do fundamentally useful things in the world, if it doesn’t fit into the mold that Wall Street wants, they try to organize against it.”
Chamath Palihapitiya
“Well, I think they need to get regulated. I think that companies like Facebook and Google will be subject to much stricter laws. Section 230 will change and recognize them as quasi-publishers.”
Chamath Palihapitiya
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