Chamath: How to Succeed in Business

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GUEST BIO:
Chamath Palihapitiya is a venture capitalist, engineer, CEO of Social Capital, and co-host of the All-In Podcast.

PODCAST INFO:

SOCIAL:

[LexClips]

Guest bio: Chamath Palihapitiya is a venture capitalist, engineer, CEO of Social Capital, and co-host of the All-In Podcast.

[LeviKerrison]

Avoiding a bad starting point is the best tool for ambition. Love he said his last few sentences about his starting point

[timmanto]

Succeeding in business is all about building influence by building relationships but that means taking risks.

[rogerjaswal]

Chamath made most of his money whilst his investors lost most of theirs. This guy is grifter supreme

[tractioncontroloff]

Business is an act of faith. Marriage is also an act of faith. You have to believe in it and practice it to get good at it.

[Truehoon]

How Chamath succeeds in Business: Pump up SPAC stocks like it going to revolutionize the world, then sell and get out at the top.

[cryptocyclops]

Step 1: Create vc firm
Step 2: Rob retail
Step 3: Repeat Step 2

[Pimpjit]

Hm I'm not sure if it's about the quantity of mistakes. Rather focus on why they are occurring. The more you learn about WHY you made a mistake, the more likely you are to reduce its likelihood in the future. People are scared of mistakes because they're afraid they will repeat.

[RTC]

He describes success in business as a zero sum game, something it is not. Poker, yes.

[lucianocastillo]

True, this is why learning something new from teachers or books that you don’t understand can be a bit painful, because you’re failing your own understanding. Yet not as painful as failing straight up.
Point: learn as much as possible before applying something so you make less mistakes. But mistakes are bound so don’t be afraid to fail.

[YY-oseu]

I like how he showed vulnerability here. I used to think he was getting super cocky

[brandonweemhoff]

Some mistakes have higher consequences than others.

[jaylenstafford]

You have to play with the cards you’re dealt that’s a huge piece to it

[xum]

Chamath is way beyond many who are in similar position. Great talk!!

[KeganVanSickle]

Some mistakes have eternal consequences.

[pedramtkanchi]

Definitely an interesting perspective, our society is fundamentally built to condition people into a certain type of predisposition of thinking from a young age that is fundamentally misaligned with success and innovation. I'm still trying to deprogram this social conditioning from my consciousness

[thehated]

I love lex platform, such an intellectual dude. I would love to see Chamath on PBD podcast with Patrick as well.

[dvanrooyen]

@LexClips you have to make mistakes - key is don’t repeat them and learn from - yes your error rate will diminish…

[paulrodriguez]

Somehow the loss in “profit and loss”
I think, is another way to explain “mistake”.

[knpstrr]

Essentially, we all are going to make mistakes, get them out of the way as early as possible.