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Chamath Palihapitiya on rebuilding Social Capital & Silicon Valley ponzi scheme

This Week in Startups · interview · Watch on YouTube

Investing & personal financeStartups & entrepreneurshipTech industry & business models

What it is

Chamath Palihapitiya talks with Jason Calacanis about how he bought into the mythology of Silicon Valley, which he calls a Ponzi scheme, and about rebuilding Social Capital. He urges founders to grow slowly and build what matters.

Why Hacker News recommends it

HN cites it for Chamath's claim that venture-backed growth resembles a Ponzi scheme, especially when startups spend heavily on big-tech advertising.

  • 1 people recommended it
  • 1 different months
  • 0 strong recommendations
  • first 2018, last 2022

What HN commenters said

  1. “I really liked this video featuring Chamath Palihapitiya[1].”

    Chamath rant about VC being a Ponzi scheme

    wczekalski, 2019-11 · Recommendation · in “After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: chamath palihapitiya, venture capital, social capital, startups, silicon valley

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