Reset

By editor on January 28, 2018 — 1 min read

In these last 10 months, my dad passed away, one of my best friends passed away, and it even more amplified that drift. I was a little disengaged. Emotionally detached from this company I had founded, mostly because of these that were happening in my personal life. Yet at work, things were going so well there wasn’t a lot of impetus to change.

In the last two months, I just dealt with it. I saw a therapist and a grief counselor and I really just unpacked a lot of this stuff, and I got to the other side of it. I was like, “I’m ready to go, I’m ready to get back into this.”

I wanted to reset the firm in many ways. The way that I wanted to do it was I said, “Okay, listen. I want us to reframe our goals so that in the worst case we’ll be the best venture firm, but in the best case, we can really affect human outcomes. We can use technology to really reshape some of these fundamental human needs. That’s an ambition we should aspire to.”

In order to do that, we need massive amounts of capital and we need to be able to take that capital and deploy it really effectively.

Let’s marry that goal with the short term tactic of basically becoming the best venture firm.

https://www.youtube.com/watch?v=HYCM_Hkrfvs (5:40)

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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.