Top 10 most inspiring quotes by Chamath Palihapitiya
- Startups should be, if you graph their financial performance, it should be what’s called a J curve. You start out at zero, you’re not making any money, you’re not losing any money.
- Your job as a smart investor is to separate the facts and the news from the fiction and the noise.
- You need to use data science and machine learning to get the ground truth of what’s happening inside of a company.
- 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.’
- When Facebook went public, they didn’t have a particularly strong model of governance.
- 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.
- We need to divorce ourselves from venture capital as an occupation and focus on using capital as a way to take really big bets on things that just seem totally audacious.
- Startups should be – if you graph their financial performance, it should be what’s called a J curve. You start out at zero. you’re not making any money; you’re not losing any money.
- Something like bitcoin is really important because it is not correlated to the rest of the market.
- My mom was a nurse, and my dad worked in the Health Ministry as a civil servant. When I was 6 years old, my dad got a job at the Sri Lankan High Commission in Canada, so we moved there.
Chamath Palihapitiya is a prominent venture capitalist, entrepreneur, and former Facebook executive known for his contributions to the tech and finance industries. Born in Sri Lanka on September 3, 1976, he immigrated to Canada with his family as a child.
Palihapitiya’s career took off when he joined Facebook in 2007 as the Vice President for User Growth, helping the social media platform expand its user base during its formative years. He is often credited with shaping Facebook’s early success.
In 2011, Palihapitiya left Facebook to establish his venture capital fund, Social Capital, which aimed to invest in and build companies that address pressing global problems. He made significant investments in companies like Slack, Box, and SurveyMonkey, among others.
Beyond his investments, Chamath Palihapitiya is known for his outspoken views on technology, investing, and social issues. He’s been an advocate for a more ethical and responsible tech industry and has criticized the “short-termism” of the financial sector.
Palihapitiya’s work and influence in the tech and finance worlds have earned him recognition as a forward-thinking entrepreneur and a thought leader in the field, making him a significant figure in the world of venture capital and Silicon Valley.
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