By editor on January 28, 2018 — 1 min read

And I think what we do at the end of the day, the investment decision is a fundamental byproduct of learning, whereas I think investors typically think that they make investment decisions and then they learn. But when you flip it on its head, there are huge ramifications. So one is compensation, because you need to have all these other people, and two is hierarchy. You are now putting engineers and product managers, data scientists, machine learning, at the center of an organization, whereas the McKinsey MBA blah blah blah person is now at the edge.

https://www.recode.net/2017/8/28/16212318/venture-capital-chamath-palihapitiya-social-capital-investing-vc-kara-swisher-recode-decode-podcast (12:35)

Posted in: VC

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.