Paying it Back

By editor on February 20, 2018 — 1 min read

Rich people have an obligation to give it back. By definition, you are making it off of a mass market. Right? You don’t become a billionaire by basically sitting on top of a few thousand people. You make it by building services for hundreds of millions, to billions, of people. So those same people that give you wealth, you don’t think you have a responsibility to do something right by them? That’s fucking crazy to me.

It’s not for me. I look at my kids and think, they’re so lucky that they can be around what all of this is, but they’re so cursed because if I did it the wrong way, they would think like they deserved it. They didn’t do a fucking thing. (56:03)

Posted in: Society

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.