Money is a Lagging Indicator

By editor on February 20, 2018 — 1 min read

It’s a lagging indicator of progress. It’s a lagging indicator of change. It’s a lagging indicator of value. But the key word there is lagging. So when you create something that’s structurally important and changes something for the better, it has an inherent value. Some of that is expressed in monetary terms: revenue and profits. (10:20)

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.