Diverse Wealth

By editor on February 20, 2018 — 1 min read

My point is right now, four people are on a path to [make a trillion dollars]. 400 people should be on a path. The reality is that capital will accrue to people, and they will accrue around ideas. That’s just the inevitability of capitalism and the system in which we all live. Now the point is, let’s get more people in a position where now they have to figure it out amongst the group where there’s more diversity of thoughts and opinions. In that, there will be these interesting compromises that actually make the world structurally more predictable and better. And you eliminate a lot of tail-risk that way.

https://www.youtube.com/watch?v=UZn8MEsQwOg (36:50)

Posted in: Capitalism

Editor's Note

These are Chamath Palihapitiya's words. They are probably some of the best thoughts on VC, business, and life, but were scattered around the Internet. They live now in this archive.