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Top 75 Chamath Palihapitiya Quotes, Thoughts, & Sayings

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Chamath Palihapitiya is a Social Capital and Athos co-founder. He also serves as CEO of Social Capital and as the executive chairman of Athos. He resides in Palo Alto, California, USA.

Palihapitiya, 43, founded Social Capital in 2011 to invest in companies in fields that other venture capitalists overlook, such as health, financial services, and education. Since then, the firm has expanded to include investments in technology companies such as Amazon, Tesla, and Slack. 1 Palihapitiya closed his VC funds to new investors in 2018.

Survey platform SurveyMonkey, biopharmaceutical company MeMed Diagnostics, and co-living rental platform HubHaus are among the portfolio companies. InstaEU, a peer-to-peer tutoring website, was acquired by Chegg, and Scan, a developer of image recognition and QR code scanning applications, was purchased by Snap.

Over the course of 2020, Palihapitiya will raise six special purpose acquisition companies (SPAC), including one with Virgin Galactic founder Richard Branson. He also invested in two companies that went public in January through black-check vehicles: innovative lock maker Latch and solar lender Sunlight Financial.

Palihapitiya worked as Facebook’s (now Meta) vice president of operations in various capacities before founding Social Capital. He is credited with orchestrating the massive growth of the social media platform.

Palihapitiya has made a contribution to the Democratic Party. He reportedly donated $1.3 million to the party over the last decade as of February 2021. In 2011, he gave $7,500 to Republican Ted Cruz. Palihapitiya told The New York Times in March 2020 that he would like to see Michael Bloomberg at the top of the Democratic Party presidential ticket in 2020, paired with Amy Klobuchar or Elizabeth Warren.

Palihapitiya invested in several startups through Embarcadero Ventures, a venture capital fund, during his time at Facebook.

Palihapitiya was a minority stakeholder and board member of the Golden State Warriors when they were purchased for $450 million. As of 2022, he was a “limited investor with no day-to-day operational functions,” according to the team. There is uncertainty about how much of the Golden State Warriors Palihapitiya actually owns, with figures ranging from 2% to 10% given.

In 2021, he will donate $7 million to provide clean drinking water to 1,000 families in California’s central valley as part of a collaboration with one2one, an American foundation, and Source Global, a manufacturer of solar-powered hydro panels that extract potable water from the air.

Palihapitiya explained, “I don’t like this co-dependency of ‘they need to rely on me, and when they can’t, I feed them a device because that becomes a babysitter.’”

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Palihapitiya has three WSOP cashes and two World Poker Tour (WPT) cashes for a total of $175,801. In the 2011 World Series of Poker Main Event, he finished 101st out of 6,865 entries.

In 2020, Palihapitiya purchased a $75 million Bombardier Global 7500. Here are some of the best Chamath Palihapitiya Quotes:

Chamath Palihapitiya Quotes

“I think the reality is that it’s never been a better time to be an entrepreneur.” — Chamath Palihapitiya

Chamath Palihapitiya Quotes

“It’s never been a better time to work at a startup.” — Chamath Palihapitiya

“You work at a really intellectually free environment, you get to work with people who are like-minded, it’s very energetic. It’s wonderful.” — Chamath Palihapitiya

“Startups should be, if you graph their financial performance, it should be what’s called a J curve. ” — Chamath Palihapitiya

“You start out at zero, you’re not making any money, you’re not losing any money.” — Chamath Palihapitiya

“If you’re trying to get to profitability by lowering costs as a startup then you are in a very precarious and difficult position. ” — Chamath Palihapitiya

“You need to grow through profitability.” — Chamath Palihapitiya

“As you start the company, you start spending spending spending ahead of revenue.” — Chamath Palihapitiya

“But then you come out of it and very quickly you should become a company that spends less than it makes.” — Chamath Palihapitiya

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“And what I mean by very quickly, is that window of time should be in that 6 to 8-year time frame. ” — Chamath Palihapitiya

Chamath Palihapitiya Quotes About Investing

“Your job as a smart investor is to separate the facts and the news from the fiction and the noise.” — Chamath Palihapitiya

Chamath Palihapitiya Quotes About Investing

“And the reason is that if you build your business model correctly it’s almost unavoidable.” — Chamath Palihapitiya

“The goal of a private company is, first, zero to one. ” — Chamath Palihapitiya

“Get past the product-market fit, figure out whether people actually care about what you’re trying to build and someone will pay you money for that. ” — Chamath Palihapitiya

“That’s the zero to one problem. So scaling, one through N, is figuring out can you do that at scale and how big is the scale. ” — Chamath Palihapitiya

“And when people pay you more than what it costs for you to make it, does that equation end up leaving you with money left over, i.e. profits.” — Chamath Palihapitiya

“If you look at the ecosystem, entrepreneurs as a class have gotten younger, younger, and younger. ” — Chamath Palihapitiya

“They also as a class have become less and less and less experienced. ” — Chamath Palihapitiya

“The good part about that is that you’re unlocking this ability to start a company to so many more people. ” — Chamath Palihapitiya

“That’s an amazing positive. The negative is they’re coming to that job with dramatically less experience than they’ve ever had. ” — Chamath Palihapitiya

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“So there needs to be someone around the table that can then help them.” — Chamath Palihapitiya

Chamath Palihapitiya Quotes On Money

“One of the things I have known my entire life is that I have an innate capability for making money.” — Chamath Palihapitiya

Chamath Palihapitiya Quotes On Money

“The reason to go public is that it is a massive branding, marketing, credibility.” — Chamath Palihapitiya

“What you should be in a rush for isn’t necessarily the immediate monetary return.” — Chamath Palihapitiya

“But it’s to know that this equation existing between an employee and a company is being honoured. ” — Chamath Palihapitiya

“What’s the equation? I’m going to give you the most precious thing that I have – my time and my reputation. ” — Chamath Palihapitiya

“That’s what the employee says. And the company says I’m going to take your time and your reputation.” — Chamath Palihapitiya

“Direct it at things that we believe collectively have a huge impact opportunity to do something extremely positive. ” — Chamath Palihapitiya

“And that positivity will get measured in impact and also an economic upside.” — Chamath Palihapitiya

“If the investors themselves are not sophisticated if they are not putting a lot of their own money to work.” — Chamath Palihapitiya

“If they themselves don’t understand the continuum of capital and how different parts of the capital structures react differently.” — Chamath Palihapitiya

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“Then they’re basically worthless. They’re not going to give great advice to these entrepreneurs who then need it. ” — Chamath Palihapitiya

Chamath Palihapitiya Quotes On Bitcoin

“Something like bitcoin is really important because it is not correlated to the rest of the market.” — Chamath Palihapitiya

Chamath Palihapitiya Quotes On Bitcoin

“So that is, unfortunately, the cycle we’re in and we have to break the cycle.” — Chamath Palihapitiya

“I think unfortunately in this gold rush mentality that we’ve been in for the last years there has been not enough focus on business model quality. ” — Chamath Palihapitiya

“So when push comes to shove, there actually aren’t that many great businesses that can go public. ” — Chamath Palihapitiya

“Because I think if you’re going to thrive as a public company, it presupposes that you make more money than you spend.” — Chamath Palihapitiya

“I think going public should not be a goal and the more that we make it a goal, the less it will be a goal. ” — Chamath Palihapitiya

“It’s kind of like, I have three young children and when I tell them to eat vegetables, the last thing they will ever do is eat vegetables. ” — Chamath Palihapitiya

“I think it’s just this weird thing where entrepreneurs have a reflexive negative reaction when people are pushing for it. ” — Chamath Palihapitiya

“I think you have to view going public for what it is, which is a transitional moment where you can consolidate mind share and win at an even larger scale.” — Chamath Palihapitiya

“People should absolutely have a point of view about the political process themselves individually.” — Chamath Palihapitiya

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“But we’re also at a point in the evolution of capitalism where any one individual’s impacts are overestimated because there is enough regulation and guard rails.” — Chamath Palihapitiya

Best Quotes By Chamath Palihapitiya

“You have to also realize that somebody will do that to you as well just as easily.” — Chamath Palihapitiya

Quotes By Chamath Palihapitiya

“They may be odious and grotesque in what they say, but the practical day-to-day impacts from a policy perspective tend to be limited because the system made it so. ” — Chamath Palihapitiya

“That’s why you see a lot of political apathy because people have internalized the inability for anyone either really really good or really really bad to do anything.” — Chamath Palihapitiya

“The half-life of companies is shrinking. So in the same ease in which you can start a company today to disrupt an incumbent.” — Chamath Palihapitiya

“So if you’re not just going to get on top but stay on top, that will require a real prepared mind across many companies.” — Chamath Palihapitiya

“Betting against entrepreneurs who are changing the world has never been a profitable endeavor.” — Chamath Palihapitiya

“I was raised in a house where my mom was the primary breadwinner.” — Chamath Palihapitiya

“When I left Facebook, I left an enormous amount of equity on the table.” — Chamath Palihapitiya

“Zuck is unemotional. He doesn’t get influenced by ego.” — Chamath Palihapitiya

“VC has always been this high-touch, in-your-face-type business.” — Chamath Palihapitiya

Best Quotes By Chamath Palihapitiya

Summary

Chamath Palihapitiya is a Sri Lankan-born Canadian and American venture capitalist, engineer, SPAC sponsor, Social Capital founder, and CEO.

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Palihapitiya is the CEO of Social Capital as well as a minority owner of the ‘Golden State Warriors.’ He joined ‘AOL’ and rose through the ranks to become the company’s youngest Vice President. He has invested in a number of companies, including ‘Glooko,Inc,’ ‘Yammer,’ ‘SecondMarket,’ ‘Slack,’ ‘Box,’ and ‘Premise.’

Palihapitiya worked as an early senior executive at Facebook, from 2007 to 2011. Following his departure from Facebook, Palihapitiya founded The Social+Capital Partnership, through which he invested in a variety of companies, including Yammer and Slack.

Later on, the Social+Capital Partnership renamed itself Social Capital. He co-hosts the technology podcast All In. Palihapitiya is ranked 2,378th on Forbes’ list of Billionaires 2021, with an estimated net worth of around US$1.2 billion.

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Pavitra Kumar is the Founder-Editor of YourSelf Quotes. He has been running YourSelf Quotes and studying self-development, people quotations, and success stories for the last 8 years. Pavitra's mission is simply, to inspire others to live their dreams.

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