Why People Are Skeptical of Scarce Resources

By editor on February 20, 2018 — 1 min read

Things that are scarce are not in abundance. And so most people aren’t thinking about it. Most people can’t think about it, and most people are very skeptical about it. So, if you propose something that tried to solve a scarce problem, most people would have a very negative reaction.

https://www.youtube.com/watch?v=6H37iyvEZJ8 (1:31:29)

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.