tags: #public #lessons #talks #chamath #canada

• Based on https://www.youtube.com/watch?v=PMotykw0SIk
• Chamath is a Sri Lankan born entreprenuer who emigrated to Canada when he was 6 and is now a billionare.
• Copy the shit out of smart people since chances that you are not a fucking genius
• There are 150 people, all most men who run the world.
  • Not the tech entreprenuers. Not politicians (puppets)
  • World is setup for them
  • You cant beat them. Join them.
• Take the capital and use it make your world view
  • Why the fuck not?
• 2045 ambition
  • Affect 1/4th of world population
  • Trillion dollars
• How?
  • Technological
  • Business that can stand the test out of time.
    • They compound slowly for decades
    • Everyone gives up.
    • Story
      • Be like fucking athletes, david blaine
      • Started a diabetes startup
        • Took 7 years to even see some result
        • But there would be some kid out there who family would be less dysfunctional.
      • Fail fast business are about manipulating your pyscology
        • Twitter, instagram
  • Short term dopamine feedback loops are distroying socities
    • Creates tension
    • Leaves you empty and vacant
    • Vicuous cycyle
    • Its 2 billion
    • He and his family don’t use Facebook.
    • No you are not fucking genius. You are also programmed by these apps.
• Get the fucking money and use the money to change the views.
• Economics incetives drive the population to behave and unpredictable ways.
• Don’t be a sellout.
• Your worldview doesn’t matter if you don’t have capital.
• The world most sucesfull people built a network of influence using capital and it compounds over decades.
  • Koch brothers #todo read more about Koch brothers
• Venture is basically a bunch of soulless cowards.
  • VCs don’t allocate funds properly.
• People thought in 2007 AWS is a joke.
  • Here is things that you want to build a business and we will abstract it for you like AWS did.
  • Social Capital focuses on that
• Anybody who says they know what they knowing is they are fucking lying.
• Chamath wants the fucking money.
• I don’t know is so powerful.
• Changing your mind so fucking powerful.
  • Just find the right answer
• Jeff Bezos is the man
• You should have the courage to say you haven’t figured out in 5 years
  • I would love to compound in 15% a year
  • Its a lot of money over time
• Stay the fuck out of social apps
  • You have one brain.
  • You are training your brain unknowingly
  • Will result you in short term focused.
• Poker is a microcasam of life
  • You starting point can be fantastic or not fantastic.
  • It’s upto you to do the best with it.
• Value is in top of the stack at this time
  • The world was defined by Intel in middle 20th century
  • Someone will build a new stack that will enable machine learning and AI like Intel did.
  • Its a 30 year process

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