Investor Chamath Palihapitiya Breaks Down Business Into 'Disrupters And The Disrupted' | CNBC

Golden State Warriors co-owner and venture capital investor Chamath Palihapitiya talks to Jon Fortt about growing up poor and how the key to his success is really understanding how to fix problems. With CNBC's Jon Fortt. Published in October 2017.
Jon Fortt is the co-anchor of Squawk Alley on CNBC, and has covered the tech scene for more than 15 years. Fortt Knox brings you rich ideas and powerful people with interviews, a podcast and a weekly live show every Wednesday at 2 p.m.
The weekly Fortt Knox Podcast features in-depth conversations with people who are changing the world of business.
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Investor Chamath Palihapitiya Breaks Down Business Into 'Disrupters And The Disrupted' | CNBC

[@earlj.d.6285]

I’m here in 2020 after seeing a clip on Chamath on CNBC. We’re currently in quarantine due to the CoVid-19 pandemic and I’m obsessed with his story. I’ve been watching any video I can about his struggle and success. So refreshing to hear an intelligent speaker who found such success in life

[@theyluvloki]

ASAP_Hookgrip _ I'm doing the same. He provides so much valuable information every time he speaks.

[@manipal90]

ASAP_Hookgrip _ Same here. April 2020. He is such an inspiration. I am devotee now.

[@ronreidjr]

He got the smarts for sure. and it gets better in other videos. his Man is an innovator. WE need more of him. @ Japanese work ethic

[@haydenmacfarlane7194]

Why am I just finding out about this guy. My day is gone, I’m just gonna keep watching his interviews

[@12gpm91]

Because he defended Tesla on CNBC a few days ago.

[@billkhan1154]

And look where Tesla is now

[@jjanderson8235]

He's truly amazing.

[@ronreidjr]

He keeps climbing and climbing. This Man is an innovator. WE need more of him. @ Japanese work ethic

[@scotttisdale2773]

Brilliant.

[@Mark1Mach2]

The interviewer is one of the rare guys who is actually listening to his guest, his story and asking good follow up questions. Chamath as usual is such a great speaker. I feel like taking notes every time he speaks and he speaks from the heart - great speaker in my books.

[@mr.BobbySingh]

He is not tech's next Warren Buffett, he is the first Chamath Palihapitiya

[@bstores449]

Chamath Palihapitiya is smarter than most.

[@samuelchoate9644]

and not a bad poker player as well. u havent stop by bellagio for years.

[@asianx7]

Aren't 49% of people "smarter than most".

[@fhowland]

Dean Weng no.

[@Mark1Mach2]

That includes Chamath.

[@jett888]

He's wise- but sadly, i feel he's on the wrong side- being an NBL owner throws him into the league of the Cabal- a very DISRUPTIVE entity

[@LeapfrogCrypto]

Chamath is brilliant, but also kudos to the interviewer for guiding such an interesting conversation organically and asking such great questions!

[@robyjoseph6221]

Brother.. I'm touched by your humility..

[@tombodkin5377]

he needs to be on joe rogan

[@jett888]

joe rogan is an Illuminati puppet- sadly- he use to be on the right side, but he then sold his soul and succumbed to the pressure and threats.

[@Leon-en9il]

1000000% was thinking the exact same

[@davidsnow791]

Joe Rogan? Sorry he is a dope.......

[@blackasinc]

yes

[@naijaplayer]

@@jett888 How so, and when did he sell his soul?

[@xyzzy4567]

What a great guy. Came from absolute nothing and now is a billionaire. Now he’s giving back.

[@ronreidjr]

We can learn a lot from him and how to make the country better. This Man is an innovator. WE need more of him. @ Japanese work ethic

[@guyangelo9875]

Clarify your definition of nothing.

[@jaysondellomes1364]

@@guyangelo9875 welfare

[@funkingitup1805]

No he's not. He married a rich Italian heiress, abandoned his claimed goals, and is reputed to be a bully and compulsive gambler.

[@guyangelo9875]

@@funkingitup1805 Thank you.

[@mapledoodle5516]

“Garden State Warriors”- had no idea Steph and crew were based out of New Jersey now.

[@siddharthsaxena2560]

I heard that too... Insane!

[@elseeda]

Lmaoo

[@elseeda]

I had to rewind just now to hear that again

[@manonamission2000]

kinda makes you take everything with a grain of salt

[@samosapikora9169]

"The problem with success is that its so easy to conflate luck and skill"..Well said!

[@valentinewellington6405]

& timing.

[@rockydejavo]

"I know what failure feels like, it feels okay" I believe this is the underlining secret. Everyone is terrified by risk, but with calculated risks, doing your due diligence. Everything should come out okay.

[@bgbusiness_]

Love this guy! Thank you for the interview. Really amazing. One of my top guys in my radar that I am paying attention to. Really brilliant and has good intentions.

[@jhai420]

This is such a gem..

[@ronreidjr]

This Man is an innovator. WE need more of him. @ Japanese work ethic

[@fhq547]

First time in a long time seen a really good interviewer. Brilliant interview.

[@johnkingshares]

This! Chamath was... Chamath. Brilliantly articulate and fascinating. But the kudos in this interview goes to the interviewer who really stepped up to the plate and brought the best out of his interviewee.

[@ronreidjr]

It keeps getting better in his videos. his Man is an innovator. WE need more of him. @ Japanese work ethic

[@dmlagrange]

What struck me the most was when he said "Everything I apply in success I learned in failure or hardship"

[@scotttisdale2773]

I don’t know when he lost his dad, but if he could see him today he’d be as proud of his son as a parent can be. What a brilliant guy. I hope he is as humble in person as he seems in interviews.

[@yeps2468]

Divorce the result from the practice ... the process, the practice, not the outcome...

[@srinathnathan]

Do your Karma - dont wish for the result ~ Hindu Holy Book Gita (3000BC)

[@rahusphere]

That’s exactly what Bhagavat Gita says.

[@kennethborders2227]

,,Ì?

[@darshanbathija93]

"Hey man, there's water in that glass and I'm going to drink it"

[@timesize]

Holy sh!t.. respect to Chamath for telling that Burger King story 🍔 🤑

[@sunheelee1735]

DCLT luck with you. Data service data service and solutions. DCLT good luck 👍🍀. Making money’s good prize. DCLT

[@johnnykahuna5724]

He gloats a lot but deservedly so. Personally, I’m following this guy into the night bc I think he’s onto something with his thesis. It’s obvious he does have his biases as we all do; but if you can dissect what he says from the psychology of how this dude thinks, you can really understand the mind of a what is now, billionaire. He was recommending the CEO of a multi national corporation to buy a billion dollar company at age 27. Most of us can’t even get our bosses to agree to leave 15 min early on a Friday.

[@artscienceweekly]

Back then FB wasn’t worth billion, probably Mark would be happy with a couple millions

[@arkinspired4386]

Lol

[@ahuhu]

chamath has the ability to let all interviewers listen carefully and engage. that's an amazing skill.

[@SuperKabaiku]

Very captivating narration here, I follow chamath on Twitter and am just discovering how far he's come, so open and inspiring.

[@chancenobra]

Wow everything he’s saying resonated with me! Definitely hope to hear more and we need more investors like him

[@SejalPatelDrSej]

Interviewer did a great job.

[@christopherarmstrong2710]

38:38 smarty pants Ivy League grads

[@jaimecamilofernandez9071]

Brilliant, very intelligent humble speaker.

[@Blessedbloodlinekennels]

I’ve allready bought your spac focused on the change of diabetics. I myself right now on the beginning of starting a non profit for my son and all children like him. He has cebral palsy , short gut syndrome , blind, and micro cephalics. Thank you sir for wanting to make a change. And I met my father on his death bed so I can relate to how much it means to change the future generations. Thanks again. You deserve your place in life.

[@rameshkumaragarwal8077]

Great Interviewer.

[@GeorgetheArchitect]

I don’t know if Chamath is “visionary” or not but he sure is a great human being who wants to give and serve. An inspiration for others in Silicon Valley!

[@MilanElan]

Could also be virtue signaling and salesmanship. Has he signed the giving pledge? Do we know?

[@mymiseon]

So insightful and foreseeable thinker, yet humble down to earth.

[@jeylawrence369]

Chamath is a global Ambassador and guide for those who are willing to grind through life, too the point of being centered around their destiny. As a Bay Area native (Richmond CA) I appreciate his grit, brains and sense of playing into his strengths! Bravo John for conducting a timeless discussion! #smartevolves #underrepresented #edgecase

[@janeviola2017]

Chamath is probably one of my favorite people.

[@anaswasfisabir]

Why is the inteviewer interrumpting with a new question, just when he is about to go into deepth with his answer!!!!!!!!!!

[@Allen1029]

When Chamath says "re-hash," I start hitting the Rene Girard button something fierce. And one!

[@paideia-e9u]

And therefore, our noble people, What is the transcendent superior wisdom, for the sake of Global Humanity, Oneself, and Immortality, according to the Ancient Secret Chinese Wisdom Tradition; what are the five kinds of the most prosperous, most powerful knowledge and wisdom that every individual could and should possess? Paideia Esoteric Society.

[@annasanidad7551]

I am a fangirl of this super intelligent, empathetic, pragmatic, tell it as it is, humble guy who uses his fortune to guide society to a better place. Brilliant! i have been bingeing everything I can find about him.

[@Allen1029]

Great Princess Bride reference, WTF? Let's GO!!!!!

[@murse_life]

Just bought 500 shares of #AMC and HOLDING #GME 💎 HANDS BABY!!! Going to the MOON!!!

[@TheNiraj8990]

I wish the interviewer had asked follow-up questions to prompt him to finish his journey through high school and college. Anyways, it's a very powerful and inspiring story, and interview. Thank you Chamath for inspiring all the entrepreneurs out there. You're living a perfect American dream! Went from nothing to becoming an ethical and responsible billionaire!

[@carmelitalanza9540]

Love this guy! Thank you for the interview. Really amazing. One of my top guys in my radar that I am paying attention to. Really brilliant and has good intentions.

[@rachelw6577]

The rise of INTJs

[@lucystar2672]

CP is a brilliant light in this world that is illuminating towards the future!!!

[@WhoisBANE]

So he was basically a scammer

[@mmm4638]

Yea well everything is made in the mind 1st your glucometer too. So let's take a step back to GENESIS. we live in matter and spirit. One can't exist and do without the other.

[@secrethabesha9943]

we all wish to have such speaking ability

[@stephj6531]

Chamath is awesome...highly intelligent, brutally honest, transparent & down to earth....did I mention Gorgeous? Too bad he's married & younger than me. I do not know about his spiritual beliefs but he kinda reminds me of a Ravi Zacharias & Vandana organic farming lady...quite a beautiful guy Stephanie M

[@janeviola2017]

Chamath is 10 times richer than Trump. 😂

[@LaloSalamanca13]

A couple of weeks ago saw the first time his interview at CNBC. That was by far the most intelligent opinion about the situation at a larger scale. Since then I have started to look for his earlier interviews and become a bit of a fan of the guy. He is fairly smarter and more intelligent than most of the people. And he has a visionary view of the business and future developments, so it really matters to check his opinion when placing the investments into the stocks.

[@techphilosophy8386]

Indrek Vilms he should write the next edition for “intelligent investor”

[@davidstrong7854]

Wow, this guy is so honest and forthcoming. If I don't own some of his stock yet, I will soon.

[@Mark1Mach2]

Great speaker! Honest and down to earth.

[@Leon-en9il]

eloquent man I believe in - time to buy some stock

[@theguy2163]

"I had a 15 year plan & I can confidently say we know how to do it now" ... Does that mean you did it twice the amount of time? "Yes, by half the time". LMFAOOOOOO 4:30

[@visheshadlakha2352]

Twice the time?. Half the time. His brain is fast He is thinking and speaking, not just speaking something in his mind as a speech

[@squeet6831]

Oh man, ICQ, AOL, Myspace, Friendster...that's some hard nostalgia.

[@samboescondido5609]

39:33 Dude, you're describing the internet

[@dcritt1]

Good Interview and take your hand away from your mouth...to communicate confidence and relaxation and composure...and power...but ya did good!

[@artscienceweekly]

“You went off some place and you have a vision”...think Trevor Milton

[@shanishine38]

Milton had a vision of trying to become a tesla clone. Not working out so far.

[@rainmaker3700]

Miltons entire vision was to defraud people.

[@helenachase78]

Since I've been following finance and buying a few stocks it's lead me to take more chances in life generally. I didn't know how afraid of change I was. Thanks to all involved in this inspiring story !

[@aintsweatinit]

Interviewer gesturing a little too much with left hand . . Fingerpointing, half clinched fist

Such a nice designer beard I'm into disruptive, disruptive bro where's the T Shirt. He left FB 2011 so he did nothing Owns Golden State Warriors Big Deal why would anyone want to do that why don't you go help the Homeless OMG what a Hypocrite. Talks like a dude in a beatnik Coffee shop smoking a cigarette and blowing big puffs of smoke, now i know how he got where he got, just talk big which he learned on his adventure in the big talk USA, he's not silly that's for sure, he is just playing the game and he's only little.

[@elbozo5723]

According to chamath... Disruptors: companies he goes balls out investing in Disrupted: companies he doesnt invest in

[@yuttb3139]

The zealous straw climatologically examine because sidewalk importantly fire qua a tasteful lawyer. difficult, prickly part

[@shepardnathan]

18:28 wait for it - riots - Canada - "JIO" this is what needs to happen..

[@jacksfabiola181]

The awesome breakfast structurally shock because peripheral densply produce along a spicy foundation. kaput, undesirable state

[@anvitshetty9676]

Chamath for president of earth

[@dianelewis2193]

The spiffy teaching surely grab because timpani neuropathologically tie out a lazy bangladesh. cheerful, dashing fifth

[@giftedtoserve]

Great interview

[@LaCajunWash]

"gardenstate warriors''

[@TheOfficialRaid]

ya wtf lol

[@carlosmonkee]

Gardenstate, home of the finest cannabis

[@trihanperera919]

Can artificial intelligence emotional blackmail someone in internet? Simply if I made a comment on one subject I see same topic till I die. Never ending seeing. Privacy is key

[@alvinmwangi]

Not even 5 minutes in and the black dude already goes into basketball talk on a completely unrelated train of thought. Brother needs to improve his interview skills!

[@whatsup4807]

That's good combined IT with DM. Good invention and applicable to all DX DM patient.

[@Blessedbloodlinekennels]

Couldn’t have said it better my self. We have to fix ourselves before we fix the world brother !!!!

[@Blessedbloodlinekennels]

A year ago at 36 j gave myself a 5 year plan to full time invest, I could focus on what I love. I find myself 1-1/2 years later trying to make that 5 years 2. So that gives me 3&1/2 years to focus on new stuff abd help the cause. When you have different skills , since early days of nan hood , people thought it was different (disruptive) because people fear change even it’s better for them or not.

[@Blessedbloodlinekennels]

Absorb life like a sponge and squeeze your knowledge to others.

[@emransaleem3569]

The plastic precipitation commercially stay because quince compatibly remove circa a nappy carol. new, thick tip

[@joelerulu7631]

The relieved disease concretely camp because stool bailly enter times a broad basket. ad, hollow wound

[@JeanLucCaptain]

Of course this is 2 years old. is there anything more recent from this guy?

[@colinbickford6017]

What a great story of how he became who he is today.

[@th-uc8or]

chamath is absolutely genius. wish i knew someone like him in real life

[@Evokinn]

I think you could probably become someone like him in your life

[@dingalingdingdong_123]

That's one solid Canadian tuxedo ;)

[@loosecontroiPL]

Sempathy is what makes this guy special

[@grateful7839]

Study life of Clayton Christensen who taught on Disruptive Innovation.

[@jaguaranmusk3703]

I like how he cleverly rewrites his story about the Srilankan ethnic conflict. The majority Buddhist Sinhalese population through constitutional decree denied the minority Hindu Tamil ppl their constitutional rights to live in Srilanka. Hence the Tamils fought, first thru civil dialogue and when it failed, later with militancy with support from the Tamil diaspora in India and around the world wherever Srilankans lived. The uprising was eventually put down with funding and arms supply of $1 billion given as loans by the Chinese in exchange for leasing their ports to China (debt-trap diplomacy). Millions of Tamils were ethnically cleansed from Northern Srilanka with the international community not intervening on the massacres. The real refugees were the minority Tamils and not the majority Sinhalese.

[@sebastianamatthews9483]

Good morning Mr Palihapitiya, I would like to ask you. My Son opened a Bitcoin fabric in Paraguay. He invested all his money on bitcoin. Now he is sooo disappointed with it. My question is, should he sell it. Or hold it, and wait? I appreciate your answer. From Portugal.

[@Greg_Chase]

at time 17:46 "I mean, look, I'd love to tell you I was a good kid, but I was a little shady..." Warren Buffet got caught shoplifting. George Washington chopped down the cherry tree. Some people release flatus in elevators, when there are other people in the elevator with them. All these people, all these successes, all these shady behaviors. All hands on deck. . .

[@sluggo3slug]

Fantastic guy

[@machoopichoo2]

Obviously brilliant and successful. Incredibly articulate about his ideas, as well. Then combine that with immigrant drive and experience ‘hustling.’ I love the humbleness too of his statement that, “it is easy to conflate success with luck” and how he credits his mentor. Funny that he has to make clear that decision making in business is often done with the gut and should actually be done with data and fact. Seems so simple, almost obvious/trite, but it isn’t. It reminds me of how powerfully Elon takes complex issues back to fundamental principles. Break the issue down and then grind on it. Also, like Elon, who was not content with his PayPal riches, he decided that wealth is not enough, and wants to change the world. However, on disruption…I read The Innovator’s Dilemma and it all seemed so true to me. I still do believe in the power of disruption, but it has gained a cult-like status in the valley. Particularly the book but also the idea need to be taken with a grain of salt. Here’s a good critique: www.newyorker.com/magazine/2014/06/23/the-disruption-machine Peace!

[@edgarmaradiaga5316]

The impossible grandfather causally post because kenya utrastructurally look on a coherent denim. crowded, ill cultivator

[@whatsup4807]

I scrap this video in my YT as my podcast because a good book, though even it is about 2 yrs old. I wouldn't mind................................STF.........................................

[@florenciovela7570]

no one can do or will do what Elon Musk can do or will do..I can't wait for my tri motor cybertruck fsd..& NOW IT'S TIME TO BUY MORE!!

[@galleyo1648]

Donald Trump is the real disrupter.

[@helenachase78]

I thought Chamath was a virtue signaller but I see his views can't be put in an idealogical box.... I'm only half through the interview but highly intrigued .

[@mukeshpatel5235]

I did not know Mr. Chamath back round and the struggles but very fascinating and brave. But naturally you are born genius👏👏👏

[@debbiefaber6434]

Wow, he's an inspiration.

[@PianoHooks]

What an amazing life story. "Clever" is an understatement!

[@EvanNeely]

shout out to the directors chairs clutch

[@orencohen714]

The hoc venezuela interspecifically complete because difference ontogenically peck of a imminent fountain. dull, deep chest

[@XOPOIIIO]

What's wrong with creating super-human cyborgs?

[@NadeeraWeerasinghe1125]

Proud about the Fact that he is a truth teller and a SRI LANKAN by birth..Wish you all the very best and only the best in the world for your humility.

[@이정현-h6k6p]

NEW documentary -> HEAVY TRANSPORT MISSION - Giants On The Move 🚚 @Xar4 🚧