Chamath Palihapitiya is a Sri Lankan-Canadian-American venture capitalist, engineer, SPAC sponsor, and the founder and CEO of Social Capital. Palihapitiya was an early senior executive at Facebook, joining the company in 2007 and leaving in 2011. He is a minority stakeholder and board member of the “Golden State Warriors”.
Palihapitiya joined AOL, becoming the company’s youngest vice president ever, heading its instant messaging division in 2004. In 2005, he left AOL and joined Mayfield Fund. A few months later he left that job and joined Facebook, Palihapitiya’s work at Facebook involved trying to increase its userbase which he later left as well. Here are some of the Chamath Palihapitiya quotes that can motivate you.
Powerful and Inspirational quotes from Chamath Palihapitiya
“Half the population of the entire world is women, and people are somehow shocked that this entire half is as capable as the other half.”
“Something like bitcoin is really important because it is not correlated to the rest of the market.”
“Being a tech company has to be about a pattern of repetitive innovation.”
“All of the business of selling apps and selling subscriptions is extremely cruelly misunderstood, including by me.”
“Betting against entrepreneurs who are changing the world has never been a profitable endeavor.”
“One of the things I have known my entire life is that I have an innate capability for making money.”
“Good investors have to choose how to allocate their mind share with the precious capital they have.”
“Here’s the thing – if you want to do good things in the world, there’s just only so much time that one can spend being a glass half empty.”
“Not everybody is right all the time.”
“Your job as a smart investor is to separate the facts and the news from the fiction and the noise.”
“I was raised in a house where my mom was the primary breadwinner. It was a dysfunctional house, but she showed tremendous resilience.”
“There’s a handful of exceptionally good companies, but there’s always one company that’s the best.”
“Companies are transcending power now. We are becoming the eminent vehicles for change and influence, and capital structures that matter. If companies shut down, the stock market would collapse.”
“If the government shuts down, nothing happens, and we all move on because it just doesn’t matter. Stasis in the government is actually good for all of us.”
“I feel like a lot of entrepreneurs hear all this talk about profitability and realize they need to lower their burn. So, they just start chopping off perks and people.”
“Startups should be – if you graph their financial performance, it should be what’s called a J curve. You start out at zero. you’re not making any money; you’re not losing any money.”
“Here’s the thing – if you want to do good things in the world, there’s just only so much time that one can spend being glass half empty.”