Chamath Palihapitiya

“And ultimately, I think it was more marketing than substance.”

“He did SPAC A. Then he trademarked SPAC B, SPAC C, SPAC D, all the way through SPAC Z, trademarked 26 of these.”

“Which, by the way, is why it's so funny when people like Chamath, and I like Chamath, I think he's great, but I think he's a virtue signaler. Like, I think he loves to say the things that make him sound like the people's, you know, the people's champion.”

“Chamath in reality had a bunch of really shitty SPACs where he made a bunch of money. And people who invested in his SPACs on the whole, like just got ripped to shreds this year.”

“Chamath took Friedberg's company Metromile public through a SPAC and said, Buffett had Geico, I had Metromile, a better business in all these ways. And like, I don't know, less than a year later, Metromile sells for a third of what it went public for you know,…”

“Chamath, we won't know if Chamath has actually built value for another 10 or 20 years. And frankly, like his, it's all very like secret. Cause I think a lot of his stuff is private. So we really have no clue how much money he has, how much money he made what's…”

“In his annual shareholder letters, he would he would compare himself to Berkshire Hathaway. So he would track social capital's results versus Berkshire. And then one year he just stopped. And I think it was the one year that he didn't actually beat them. I thi…”

“And if he had just simply like held the meta stock and chilled, he would have financially out far outperformed his own, you know, his own brilliance doing all this different investing action.”

“Chamath tweets out the growing short case against Facebook, and he says, regulation is a problem, tax is a problem, antitrust is a problem, all this stuff. I bet on Facebook I'm up five X, so I made 500% on that trade, and so basically they went anti-Bitcoin f…”