Chamath Palihapitiya Quotes

I have plenty of investments that I wish I'd never made. But the model is to lose money on a lot of investments and then make 1,000X or 10,000X on an investment.

I keep anywhere between 5-10 percent of my net worth in venture ideas.

I'd stay away from investments in a variety of sectors that are capital intensive. Anyone who says we need $100 million before we know if what we're doing makes sense and the customers want it - that's not going to work.

If you're not a risk taker, you should get the hell out of business.

Well private money can take risks in a way that government money often isn't willing to.

When we raised the first Foundry Group fund in 2007, we took over 100 first meetings. We told our story several hundred times. As part of it was a slide called 'Strategy.' I still repeat the elements of that slide regularly, a decade later, as our core strategy has not changed.

I won't say that 'shotgun' is the word I'd prefer to use, but we certainly do a lot of investments.

In the founders, I look for a person I feel is trustworthy, driven and smart. I invest in the person first, because in the event the business fails, the person and I can move forward and create another business.

I think this is also a great time to invest in private equity, helping companies grow from the ground up.

I mean if you put all of your eggs in one basket, boy, and that thing blows up you've got a real problem.

There's nothing wrong with raising venture capital. Many lean startups are ambitious and are able to deploy large amounts of capital. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated.

Empowering innovations require long-term investments, which tie up capital for years and years. So companies are using capital to create more capital, and consequently, the world is awash in capital, but the innovations we need to advance aren't there.

Start small; get to know the landscape. We take risks but not major risks. We always started with small capital - €4m in Holland, $10m in Russia - and as we get to know the landscape of a country, we think about other businesses.

I'm not sure at all that I'm any good at this mentoring/investing business - that's why I'm using my own money, and that's why it's not a career.

I'm always investing. I'm constantly in talks with someone about some opportunity.

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.

Finance is critical. If sufficient investment is made in infrastructure and venture capital is made available, there will be a big improvement in the situation.

The way to become rich is to put all your eggs in one basket and then watch that basket.

In crises the most daring course is often safest.

There's a touch of the gambler in anybody really competitive and somebody that's willing to concede that to succeed, sometimes you need to cut corners and to make bold choices.

I always tell my partners that our job is to fund all the companies we can that can be worth $10 billion or more. That's such a difficult constraint, we can't have any other constraints.

With the world changing fast, we needed capital for investments. There's only so much bandwidth in your own balance sheet.

My career was always full of risks one way or another, and that's the way I like it.

I've had a very good stretch with startup investing, and I think it's very important to know when to hold your chips.

When the venture industry started, it was enough to just have money and then it was enough to sort of have this big fuzzy brand. But now startups are getting a lot smarter.