Phrase by 'Chamath Palihapitiya'
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I think what IBM is excellent at is using their sales and marketing infrastructure to convince people who have asymmetrically less knowledge to pay for something.
Author: Chamath Palihapitiya - American BusinessmanPeople , Something , Think , Knowledge
We need to divorce ourselves from venture capital as an occupation and focus on using capital as a way to take really big bets on things that just seem totally audacious.
Author: Chamath Palihapitiya - American BusinessmanFocus , Need , Way , Divorce
Valuable companies take decades to build.
Author: Chamath Palihapitiya - American BusinessmanBuild , Take , Valuable , Companies
Facebook could have gone public whenever it wanted. We decided the right time was 2012. It could have easily been 2010 or 2014.
Author: Chamath Palihapitiya - American BusinessmanTime , Right , Facebook , Right Time
I'm a living testament to the value of immigration. I escaped a civil war, and I came to Canada as a refugee, and they gave my family protection. I did my best to pay that country back, and I think I did that.
Author: Chamath Palihapitiya - American BusinessmanFamily , Value , Best , War
Something like bitcoin is really important because it is not correlated to the rest of the market.
Author: Chamath Palihapitiya - American BusinessmanSomething , Like , Important , Rest
Not everybody is right all the time.
Author: Chamath Palihapitiya - American BusinessmanEverybody , Time , Right
My mom was a nurse, and my dad worked in the Health Ministry as a civil servant. When I was 6 years old, my dad got a job at the Sri Lankan High Commission in Canada, so we moved there.
Author: Chamath Palihapitiya - American BusinessmanMom , Dad , Job , Health
My first job was at a Burger King.
Author: Chamath Palihapitiya - American BusinessmanFirst , Job , King , Burger
I've found that a lot of successful poker players grew up poor. And I'm convinced that poor people have a risk tolerance that rich people don't have because poor people fundamentally don't value money that much because they're used to not having it.
Author: Chamath Palihapitiya - American BusinessmanPeople , Value , Money , Rich
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