Feb. 13, 2021
Here is the link.
Chamath Palihapitiya, Founder and CEO of Social Capital/Waterloo Engineering alumnus, made the keynote presentation at Hack the North 2018 held at the University of Waterloo. In conversation with Dhananja Jayalath (DJ), Co-founder of Athos, Chamath is open and candid, sharing his thoughts on his time at Waterloo Engineering, entrepreneurship, finding passion and purpose, and his experiences living and working in the Valley.
My notes:
Risk - learning - left job to silicon valley - 8 people - bought by AOL - stock shot up - chaos - business destroyed - people got fired - Stayed on AOL and became executive - Mayfield fund 250,000/ year -> Facebook 2006 -> 2011 -> reasonable decision maker -> 2015 left, started social capital -> Equity -> stay -> 1 or 2 billion dollars -> slave to money -> Climate change, diabetes,
depression, physical abuse, poverty and all other issues -> sufferings -> professional cards -> social capital -> term -> sense of belongs, guide -> 21 or 22 year old - make different decision - mental frame - beat yourself up -> lucky enough to
Mental model - hard problem to solve - toolkit - hard problems not for today - whiteboard - generate ideas - zero - how do we learn more? Financial people look at company to purchase - climate change - internet access for every one - process/ refine / learn
Change mind is free -> made decisions - business - change your mind - be wrong is ok, incremental is ok -> failing a lot - silly decision - Nobel price - 20 or 30 years later - work on hard problem - colleagues - learn together - big problem to solve -
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