By editor on January 28, 2018 — 1 min read

Hollywood is the perfect example. You had a bunch of people, unbelievably ego-driven, ego-ridden, ego-filled. Power brokers, power mongers, betrayers, cajolers, all of these people sitting on top of what really wasn’t a huge industry. Kind of a meh industry, but it had a lot of social capital. To be a producer meant something. And then here you have this company of a few hundred people, now a few thousand people, who were like, “Yeah, I’m just gonna charge eight bucks a month and I’m just gonna completely fucking blow it up.” And so when it happens, it happens fast. And maybe we’re the version of the eight dollars a month.

https://www.recode.net/2017/8/28/16212318/venture-capital-chamath-palihapitiya-social-capital-investing-vc-kara-swisher-recode-decode-podcast (45:35)

Posted in: Ego

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.