Funding

By editor on January 28, 2018 — 1 min read

These big problems take an amount of funding and people that is just different from an eight person team trying to build an app on the internet. This is fucking cancer. It’s hard! If you build a big company, you see the investment required to solve really big, meaningful, long-term problems. That can be lost sometimes in Silicon Valley.

It’s become a rallying cry for how to do things. We will get paid a lot, but it will take longer, and we will go through these valleys where it just feels sometimes really lonely. We have to have the courage to keep doubling down, if we believe that it’s right. That goes back to instrumenting and building the company and helping them in a way where we can understand the underlying data so we see these leading indicators that tell [of future success].

https://www.youtube.com/watch?v=Nqy6CcU84Xs (14:30)

Posted in: Entrepreneurship

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.