Business, Spoken artwork

Brash Investor Tries to Blow Up the IPO as His Partners Quit

Business, Spoken

English - September 20, 2017 08:10 - 8 minutes - ★★★★ - 16 ratings
Business News News spokenlayer Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Chamath Palihapitiya, an early Facebook executive and outspoken presence in Silicon Valley, is unapologetic about his frustrations with the venture-capital industry. There’s too much money chasing deals, making it harder to generate strong returns. Too many VCs conflate luck with talent. And everyone who benefits from the current system is resistant to change. Technically, Palihapitiya is a venture capitalist himself.
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Chamath Palihapitiya, an early Facebook executive and outspoken presence in Silicon Valley, is unapologetic about his frustrations with the venture-capital industry. There’s too much money chasing deals, making it harder to generate strong returns. Too many VCs conflate luck with talent. And everyone who benefits from the current system is resistant to change. Technically, Palihapitiya is a venture capitalist himself.

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