Capital as an instrument for change

“Money drives the world for better or for worse. Money is going to be made and allocated — you have a moral imperative to get it and then use it to make a difference.“ — Chamath Palihapitiya

Chamath Palihapitiya at Stanford [Photo credit: Stanford]

“You can’t eat IRR”

“When you unpack it, what you realize is that fast money returns can completely decay long-term thinking and sound judgment. Moderate growth, moderate compounding, that is the key. That is gold.” — Chamath Palihapitiya

“Fail Fast” doesn’t enable serious projects

“It [“fail fast”] is not how you solve diabetes. It is not how you use precision medicine to cure cancer. It is not how you educate broad swaths of the world’s population.” — Chamath Palihapitiya

Lucky Venture Capital

“If anybody looks at you and tells you they know what they’re doing, they’re lying.” — Chamath Palihapitiya

Money is an instrument of change

“Money drives the world for better or for worse. Money is going to be made and allocated — you have a moral imperative to get it and then use it to make a difference.“ — Chamath Palihapitiya

“My entire goal now is that. It’s to be in a position to aggregate enough of the capital of the world to then reallocate it [in line with] my worldview.” — Chamath Palihapitiya