In fact, I’m less happy. It should never have been bad before. What’s the hard thing? KS: I think she’s talking about inequality, which has never been great. But even when my kids saw the delta in the last 18 months, I was like, “Okay, I’m doing the hard work. Show up, go to work, make the white man proud. But he dismissed the idea that he as a venture capitalist carried an outsize responsibility to others as “idiotic” and said that his right to be happy trumped all else. By the time you’re 400 feet in the air, wow, your courage has to go way up. I think people are coming ... You need the people, but the people are fundamentally unhappy. I don’t like the term family office, because I don’t think that’s what it is. Right? It’s a hard thing. They were deeply offended that I hadn’t told them and that they didn’t know that it was coming. They express it. Then, if you layer in the headcount costs, which is really about 50 to 60 cents of every dollar, you are already in a place where your real net margins are zero or negative. Let me just tell you the scale of the mental health crisis. Yeah. Social Capital CEO Chamath Palihapitiya talks with Recode's Kara Swisher about how long it will take to recover from the coronavirus crisis, its impact on startups, and how the US government should and will react — including by tracking individuals via their technology and repatriating cash from tech companies like Apple. And everybody else can go fuck themselves. Let’s just say all Safeways and all A&Ps, every single grocery store was replaced with only candy. KS: He’s a very happy person, Warren Buffett, I have to tell you. And in today’s environment, they’re very relatable in a post, in a tweet, in a picture. By using Megaphone's player you are consenting to our use of cookies, which we use to improve user experience.
Social Capital CEO Chamath Palihapitiya talks with Recode's Kara Swisher about how long it will take to recover from the coronavirus crisis, its impact on startups, and how the US government should and will react — including by tracking individuals via their technology and repatriating cash from tech companies like Apple. Take a step back and just ask yourself honestly, “Do you not think this stuff impacts your psyche and your definition of yourself, your core happiness? KS: Well, can Silicon Valley change? Share this episode with your friends. Hey, leave Airbnb. Yeah. Season 2 will focus on Netflix and is coming soon!About Recode by Vox:Recode by Vox helps you understand how tech is changing the world — and changing us.Follow Us:Newsletter: Recode DailyTwitter: @Recode and @voxdotcomLearn more about your ad choices. By using Megaphone's player you are consenting to our use of cookies, which we use to improve user experience. You’re getting so offended by the fact that ... KS: Because you’re attacking someone who I think is talking about critical issues in our society. Okay. This is normal. ... but it’s much more compartmentalized and it’s more whole. Hey, leave Square. It may make you feel like somebody else is kicking ass while your life sucks ass. The implications are for society to bear and for governments to bear. She’s doing exactly what you’re doing. © 2020 Vox Media, Inc. All Rights Reserved. What do people think of you? HIPAA, the health privacy law that’s more limited than you think, explained. Come on, you know that. That’s it. KS: And you had a relatively traditional venture capital firm to start with, right? That’s fucking enough. I think we’re saying the same thing then. It’s all of these things that conflate to just making people really feel empty. And I have finally gotten behind the curtain to realize that is a complete farce and it’s a joke, and now I’m left completely confused and almost alienated because I’m like, “Where do I fit in? How do they deal with their unhappiness given, I think there’s a lot of pressure here, right? I’m going to free solo El Capitan. KS: I always thought you were nuts, Chamath. One Man’s Story: From Nothing to Billions – Finding Pathways to Happiness. So Chamath, you’ve called this [startups] a Ponzi scheme. KS: The other day I was talking to some Silicon Valley people. After an “identity crisis,” Social Capital CEO Chamath Palihapitiya says he’s taught himself how to be happy again, This story is part of a group of stories called, Sign up for the Is that person’s job when he goes to quit worse or better than my decision? What it was was just me almost barfing out this last burst of unhappiness and insecurity, and it was my way of saying, I had been told or had convinced myself that that is what we were all struggling for. Why is it so hard to prosecute police? TS: Yes, I am the series C investor here. But underneath, to a lot of people it’s just a charade and a nightmare. We have to present. And by the way, I have that right. Now it’s more of a thing where what I would love to do is do what sort of Buffett and Munger have done. Those kinds of things do create, the irritation does create good things. Amy Klobuchar takes aim at 12 vaccine misinformation influencers. If you’re not realized, that person gave up real money for fake money. KS: Right. KS: They don’t have the access to express it, so they don’t feel it. And instead, what would be left over is not filling a void but a void that was equal in proportion to how fake all those experiences were. What am I trying to do?”. Nobody also pays millions of dollars to their ex-partners and gives them severances. I think it’s probably in the next three to five years. First in motivation is, “Oh my gosh, look at all of these new things that we’re building that people want. That’s what they did. If your health is degrading and you’ve been eating chocolate every day, step one, stop eating chocolate every day. My investment is 4x. That’s step one. They lead certain areas. Social Capital CEO Chamath Palihapitiya talks with Recode's Kara Swisher about how long it will take to recover from the coronavirus crisis, its impact on startups, and how the US government should and will react — including by tracking individuals via their technology and … But if I don’t value them, then let somebody else do it because they will value it and they will be more honorable with those things. Hey, yeah, sports is cool. After a speech at Stanford University in late 2017, Chamath Palihapitiya says he realized that something in his life needed to change.
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