Chamath Palihapitiya 🇱🇰🇨🇦🇺🇸 || Lessons for entrepreneurs from a billionaire

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첫 줄 결론: 이 영상은 특정 자산의 가격 방향 예측보다는 부·기업가 정신·사회 비판에 관한 철학적 발언이 중심이며, 구체적 투자 예측은 확인되지 않는다. 자기 성장 배경: 가난한 이민 가정에서 자라 버거킹 아르바이트를 했고, 돈은 가족 생계의 압박이었다. 이 경험으로 돈을 목적이 아닌 '변화를 만드는 도구'로 인식하게 되었다고 말한다. 성공 방법론: 뛰어난 사람들을 가까이에서 관찰하고 모방하는 것이 학습의 핵심이며, 독창성보다 복제가 더 중요하다고 주장한다. 기업가에게는 장기 인내와 '실패 후 빨리 배우기'보다 큰 베팅을 끝까지 지지하는 태도가 필요하다고 강조한다. 자본과 권력 구조: 소수 엘리트(약 150명 남성)가 주요 자산과 자금 흐름을 통제하며, 테크 기업가들은 결국 이들에게 밀려날 수 있다는 견해를 밝힌다. 자신의 목표는 세계 자본을 모아 자신의 세계관에 따라 재배분할 위치에 서는 것이라고 말한다. 장기 테마(기후·의료·교육): 기후 변화와 생물다양성 파괴, 교육 붕괴, 미국 의료비 상승을 해결되지 않은 거대한 문제로 꼽고, 향후 50년 가치 창출은 이런 어려운 영역에서 나올 것이라고 주장한다. 다만 특정 종목이나 자산을 언급하지 않았다. 소셜미디어 비판: 단기 도파민 피드백 루프가 시민 담론과 협력을 파괴하며, 허위정보 문제는 미국만의 것이 아닌 글로벌 문제라고 경고한다. 기타: '모른다'고 말하는 자신감의 가치, 국가 경제를 부유/빈곤 상태와 행동 양식으로 분류하는 관점(미국은 부유하게 행동, 중국은 부유하지만 빈곤하게 행동 등)을 제시한다. 학위보다 기술이 중요해지고 있다는 견해도 밝힌다. 출연자 전망: 시장 방향 예측은 없으며 장기 사회·기술 견해 위주다.

다듬은 글

※ 자동 자막 원문(다듬기 전)

01. my friends i went to a very good high school like kind of like the rich high school not the high school i should have gone to i got i was able to go to this different high school and i would remember tell i would tell them like hey this is like yeah i you know they i would be so ashamed that i worked at burger king they would sometimes come by and i would just be like ah [ __ ] like uh and then at some point i it was just it was like this release moment where i was like this is my life like i just i can't do anything about it this is what it is right now and i kind of had a sense that i could figure some stuff out later but i didn't really know and so i just accepted it and then the minute i accepted it i wasn't ashamed anymore and then when i wasn't ashamed i could start to actually be inside my head like what really completely rewired what money was for terry matthews money was an instrument of change right he had a market cap he's like wow that's eight billion dollars of change 10 billion dollars of change 15 billion dollars of change and sam helped me because it was just like you you could understand from him what terry cared about and then for me i just copied i mean a lot of my life quite honestly just copying things that i see there's not a lot of original thought here it truly is not i mean we can all pretend we're all [ __ ] geniuses honestly be good copiers do you know what i'm saying it's the best thing in the world like be around high functioning high quality people and just copy the [ __ ] that they do observe the [ __ ] that's you know kind of crappy and then don't do that stuff it's not [ __ ] complicated 50 people that run the world anybody who wants to go into politics they're all [ __ ] puppets okay there are 150 and they're all men that run the world period full stop they control most of the important assets they control the money flows and these are not the tech entrepreneurs now they they are going to get rolled over over the next five to ten years by the people that are really underneath pulling the strings and when you get behind the curtain and see how that world works what you realize is it is unfairly set up for them and their progeny now i'm not going to say that that's something that we can rip apart but first order of business is i want to break through and be at that table that's the first order of business and the way that i do that is by proving that i can do what they do as well as they do it and then do it better than how they are commercial [ __ ] animals okay and they'll open the door out of curiosity and they'll let me stay because because i add value and then once i'm there i can open the door for other people who can try to do the same thing so my entire goal now is that is to be in a position to aggregate enough of the capital of the world to then reallocate it against my worldview and i'm not saying my worldview is the best or right but it is mine and at the end of the day there are 150 other [ __ ] guys with their worldview and they don't give a [ __ ] what you think about their [ __ ] worldview that's the true extremely dedicated in their case to something which is physical fitness because they're professional athletes when i give up right when the average human gives up their brain goes into [ __ ] overdrive okay and they're like there's this next level burst and so like it's it's that it's like when when things get hard can you double down a different example we had yesterday we do these things every quarter called quarterly portfolio reviews we're incredibly intensive review of our entire portfolio revisiting our strategy talking about all the things we're doing to make sure we're on the right track and i had this observation which was um i started a diabetes business my but that business took seven years to get to a place where we even have a chance of being viable and capitalists want a starting line where all of those people can run a race so that i can pick the winner no offense to any of you here and it took us three years where now those building blocks exist and i'm like wow how many times did i have to look at my partners and say no the easy answer is to walk away the hard answer is to double down we have to support this business that culture is missing here so part of what we're trying to do to achieve those goals is like take really big audacious points of view on the world and then train ourselves to be patient and it's really really hard the entire society is set up to not be patient anymore and i'm hearing also a conflict with this like fail fast and learn mentality where if if if you're taking a deep and big bet like you want it to be the right one how do you know when that's true um i think that that's fail fast approach works in consumer internet works it's where all the money comes like if you talk about where all of the gains where all of the value will be created over the next 50 years it'll be in those hard things and the reason is because those white spaces are so wide open the competitive pressures are non-existent for example today you have this weirdly academic argument about climate change it exists it doesn't exist while we were in an ice age now it's more of course who cares who cares what's undeniable is that we're ripping apart the biodiversity of our planet what is undeniable is that we as a human population will be forced to concentrate because certain parts of the world will get basically you know subsumed by water we do not have food supplies that these are conclusively known to be true yet nobody is really working on a problem created tools that are ripping apart the social fabric of how society works that is truly where we are and i would encourage all of you as the future leaders of the world to really internalize how important this is if you feed the beast that beast will destroy you if you push back on it we have a chance to control it and reign it in and it is a point in time where people need to hard break from some of these tools and the things that you rely on the short term dopamine driven feedback loops that we have created are destroying how society works no civil discourse no cooperation misinformation mistruth and it's not an american problem this is not about russian ads this is a global problem so we're in a really bad state of affairs right now in my opinion this is jamaat paliyapitya the sri lankan-born canadian american billionaire who helped maksakaba create facebook and this is his life story chamat was born in sri lanka in 1976 he was not a privileged child and at the age six his family moves to canada in canada his father was unemployed most of the time and his mom had to work on different housekeeping jobs chamath even worked at burger king when he was 14 years old to make the ends meet however in 1999 he completes an electrical engineering degree from university of waterloo and works in an investment bank with both engineering and investment knowledge combined he moves to california in silicon valley chama joined aoville as the youngest vp of the company aol at the time was a very popular internet company later in 2005 he joins facebook and at the time facebook nearly has like 10 people so chamath was a great growth hacker and within the next four years chamath and zuckerberg together boost facebook's growth to 1 billion users zuckerberg even rewards shamath with facebook stocks later to thank his great actions and in 2011 he leaves facebook and he begins investing his money in multiple companies and spends time playing poker he even goes to the extent of playing poker in both poker tournaments and becomes the 42nd world poker champion in 2011 the same year chamath buys golden state warriors for a whopping 450 million dollars golden state warriors is the basketball team of san francisco and it was his childhood dream to be a part of that team chamath later creates social capital a vc firm based in california with 5 billion and invests in high growth tech companies in very recent times he even helped richard branson start virgin galactic in new mexico by investing 300 million dollars for his rocket company today he is 44 years old has four children and lives in palo alto california and people even wants him to run for the governor of california my parents craved money meaning they they needed it because it was my dad was unemployed for long stretches of time my mom was a sole breadwinner and i would just see how she grinded we didn't have a car for a long time she takes the bus we all take the bus you know when i've got my first job it was at burger king i take the money and i'd have to give it to my parents and we would buy bus passes it was a huge point of pressure and tension in the family it created massive depression in my father drinking just it was very dysfunctional and there was some point along the way where i was like okay is money like really important or not important and i feel very lucky because i don't think if you ask my sisters they got to the same place that i did but i ended up not coveting it and i found it to be uh something that i could use to really empower myself to do the things that i wanted to do who are like me brown skinned working hard creating these beautiful experiences and then i can celebrate it by you know i guess giving a yelp review but you can't buy food for your kids with a [ __ ] yelp review so i want a tip and um it's it's so i i mean honest it gives me so much joy because it's like you know you'll have like a three or four hundred dollar bill in some cases you know you tip 500 bucks or a thousand bucks and you close it and they're expecting 40 dollars and i mean i'll get a little emotional like they will come out to you and they're it's transformational and so it's such a great it's so great it's just like little things like that mean a lot to people and just to be anonymously generous like that i think is like it's a great gift that i have the ability to do that's why i do it i love a lot of things like it's really powerful to be able to say i don't know i mean i would just encourage you guys all to just be like i don't know like this culture like american culture it's this weird thing of like know-it-alls everybody has to know everything how the [ __ ] can you ever learn how when is that going to be valuable don't be the just own own that that one line i don't know is so powerful and as i kind of like get more abstracted when i meet people and i ask them things it is so endearing to hear i don't know because behind that is just like just a self-awareness and confidence that i think is increasingly rare now you guys are like i'm going to [ __ ] grin [ __ ] this guy and just keep telling everybody i don't know don't do that i mean really own it if you're gonna say it really own it but i really think it's a very powerful thing to be able to say i don't know economies are only ever in one of four states you're poor and you know you're poor you're rich but you still behave like you're poor you're rich and you behave like you're rich and then you're poor and you still behave like you're rich right and it's a cycle and you can map all countries in the world to this very simple kind of model america is kind of rich behaving rich india is probably poor behaving poor china is rich behaving poor france is poor behaving rich you know and you can you can figure it out we're in this really huge secular transition away from degrees towards skills it no longer matters where you went to school what you did don't tell me you have an mba it's irrelevant it's useless that we were doing we were doing but i was so empty because i was like we're not doing the job that we were supposed to be doing which was investing in health care education not even in investing the point is like you need to be there to like basically take a stand on issues and i have the bully pulpit to do it we had the capital to do it but we weren't doing it in as much of a way that we should have been climate change still ripping away unabated what is anybody doing about it you know education is eroding at the seams what is anybody really doing about it drug costs through the ceiling the united states healthcare system worse and worse and worse every year even though we spend more and more and more what is anybody really doing about it and the answer is not as much as it needs to be done yeah and certainly and so that's not a conversation of investing or irrs or blah blah blah it's about ideas and it's about people and it's about drawing a line in the sand and doing things uh hi my name is vethusian and i'm a first year mba student i'm also a canadian who went to waterloo and my first job was at burger king so i really see you as a role model my [ __ ] brother i mean well literally you look like me too it's crazy it's the weirdest thing are you planted are you an actor i swear i swear to god um well you're really freaking me out right now what do you want uh so my question for you is um a couple years ago at an event at hbs uh you mentioned that mba students are typically at a disadvantage with respect to getting capital if they pursue entrepreneurship uh do you think that still holds true today if so that's a perfect example of me expressing my bias and i think part of my bias came from my insecurity about not having a grad degree part of my bias was like looking at people like you saying wow i just feel inferior to folks like you i've had