The Wisdom Wall

“You know, I'd actually argue in the last bunch of years, the factory shut down. Right. Because what happened was in the public markets, everyone came to realize that you'd rather just put more money into meta than back the five billion dollar baby Public company that maybe grows up and maybe doesn't. It wasn't worth…”

“So what I think has happened now is that basically it isn't that there is innovation. It isn't that there's stuff going on, but because the factory line shut down, the whole thing has become way more bespoke, right? Where, and what I mean by that is there is a public market. Some companies can get there. There is…”

“free speech is not a right on college campus in and of itself. It's a right to the extent that it drives academic excellence from in the academic concept.”

“when you're running a big org, if you can articulate to a person or a team, make this number go up, right? I don't care how you do it, just make this number go up, right? And if this is going to be doing a good job, that actually allows for an incredible amount of creativity in terms of how you do it, right? Um,…”

“if you look at how the best For profits operate versus nonprofits with exposure to both. There is incredible beauty in being like, make money, right? And that's how you do it. It's interchangeable. It's freeing. It allows you to do great stuff. Whereas in nonprofits, you have this constant problem where you have like a…”

“the reality is the internet in general, not just Meta properties, not just Facebook, but the internet in general, it's an incredibly good machine for engagement and attention, right? It's incredibly entertaining and why it's incredibly easy to measure. You can measure time spent because you can measure time spent and…”

“Like crypto is fundamentally disruptive structurally to the incumbents because it's a very hard leap for them to make.”

“The private sector has gotten so much better at employing people that are intellectually minded and provide such better jobs on a relative basis that really, as someone pointed out to me, it's like, if you believe in capitalism at all, like, why would you go work at the sociology department of whatever? There's like a…”

“Like, 95% of jobs are not that hard, and the most committed win, right?”

“so many of our problems right now come down to the fact that the internet was born without an identity layer.”

“just because someone wrote something on the internet doesn't make it real. In fact, your default assumption in 2025 should be that it is not real, right? Um, and like in less proven otherwise.”

“Like I think seed investing is basically buying out of the money call options.”