Quotes from Chamath Palihapitiya

Facebook could have gone public whenever it wanted. We decided the right time was 2012. It could have easily been 2010 or 2014.

Much like Warren Buffett has said very famously - he doesn't buy technology stocks because he doesn't understand them- I will not buy consumer goods companies because I do not understand them.

Startups should be, if you graph their financial performance, it should be what's called a J curve. You start out at zero, you're not making any money, you're not losing any money.

I want children who can make eye contact. I want children who know how to resolve conflicts with their peers. I want children who understand the dynamics of interpersonal relationships that are physical and tactile. I do not want children that only know how to interface with the world through a screen.

Good investors have to choose how to allocate their mind share with the precious capital they have.

At some point, Apple will become much more aggressive and much more daring in taking their brand and capital to really reshaping markets.

I think Apple is a productive cash machine.

Being a tech company has to be about a pattern of repetitive innovation.

I feel like a lot of entrepreneurs hear all this talk about profitability and realize they need to lower their burn. So, they just start chopping off perks and people.

Betting against entrepreneurs who are changing the world has never been a profitable endeavor.

My first job was at a Burger King.

Early traction of Tesla is tracking very closely to Apple.

I'm a living testament to the value of immigration. I escaped a civil war, and I came to Canada as a refugee, and they gave my family protection. I did my best to pay that country back, and I think I did that.

It's important to understand the compensation equation that a CEO and a founder has with his or her employees.

When Facebook went public, they didn't have a particularly strong model of governance.

There's a handful of exceptionally good companies, but there's always one company that's the best.

I've found that a lot of successful poker players grew up poor. And I'm convinced that poor people have a risk tolerance that rich people don't have because poor people fundamentally don't value money that much because they're used to not having it.

None of us are going to fix governance; it may just be beyond repair. But you can fix capitalism. And the reason you can fix capitalism - It is inherently numerical, and as a result, it is inherently objective. It can be done objectively.

I think when you think about immigration, what we need to do is realize that that human capital, if put in a place to succeed, will literally sacrifice everything.

Something like bitcoin is really important because it is not correlated to the rest of the market.

Zuck is unemotional. He doesn't get influenced by ego.

You need to use data science and machine learning to get the ground truth of what's happening inside of a company.

I was raised in a house where my mom was the primary breadwinner. It was a dysfunctional house, but she showed tremendous resilience.

I wish I had invested in the series A of Snapchat and Uber.