Opportunity Cost

By editor on January 28, 2018 — 1 min read

I’m at war against bad ideas. There are all these fantastically talented engineers that should be working on the substantive ideas of our time. The reality is, they could just as easily be convinced to work on something that some would say is the nth derivative of something.

We have to fight that tendency, even if the nth derivative thing is easier to understand, quicker in terms of feedback. It still is not the right thing for what, broadly speaking, society needs and what we, as a class of individual who control the spigot of capital, should be responsible for.

We should be responsible for creating the future.

https://www.youtube.com/watch?v=HYCM_Hkrfvs (20:13)

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.