Chamath Palihapitiya Interview: Wharton Private Equity and Venture Capital Club Fireside Chat Series

In this installment of Wharton's Private Equity & Venture Capital (PE/VC) Club Fireside Chat series, Chamath Palihapitiya - Founder and CEO, Social Capital - talks with MBA students Arjun Raghuraman (WG'23) and Andrew Stewart (WG'23), covering a broad range of topics around technology, energy, investing, state of the economy, advice for young professionals, and more. (Event recorded October 25, 2022)
#Wharton #PrivateEquity #VentureCapital #Investing
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[@maraprod]

this is the entire viewership of the all in podcast

[@MyronLuis]

Hilariously true

[@paytonj2620]

🤣😭🤣

[@sandworm9528]

😂

[@Quijs2Investing]

😂😂😂

[@barbarosozturk]

Phenomenal chat! Thanks for sharing!

[@victorjohnson7522]

Started watching all in podcast because of him...❤

[@SpencerHsu]

He is an amazing sales person. Wouldn’t bet long term on these trades/pitches but short term he is pumping his own investments

[@patrickmccarthy5617]

Jealous? Given the position, you would too.

[@mountainman6172]

Says Meet Kevin soon to be clone.

[@JohnnySmoove]

@@patrickmccarthy5617 LMAO. and now he has sold all his holdings in his SPACS companies. only thing doing good is sofi. Clover health is being investigated by the SEC. SO yes Chamath is a sales person

[@JahanzebHussain-wn3pr]

facts he is a manipulator

[@1001Balance]

@@JahanzebHussain-wn3prand a MAGA supporter.

[@steveworth5757]

Great interview guys. Thanks for posting.

[@pccrypto]

'fight your discomfort' - awesome interview

[@Mrmack239]

Very insightful talk, I feel smarter after watching this. Really like how gave personal accounts of his life. Even being from immigrant background he achieved the American dream.

[@Pleasers]

he might be one of the biggest pump n dump con artists of all time but he definitely gives insightful talks

[@sebastiananderson8679]

He is incredibly skilled at seeming sincere and trustworthy. Why do you think he's talking at Wharton? Or on CNBC? It's to generate a face towards the public.

[@Jarv.01]

this is new to me, got any info i can check out?

[@sebastiananderson8679]

@@Jarv.01 look at any SPAC that Chamath/Social Capital has underwritten. SPCE OPEN CLOV IPOD IPOE IPOF DM MILE SPRQ All of these are down -85%+ since being listed.

[@Jarv.01]

@@sebastiananderson8679 So, he raises private capital to acquire companies and in each of those circumstances he’s over payed or the companies weren’t as good as previously thought = low price cap?

[@Jarv.01]

Or is there intention? Does he receive compensation for it? I don’t understand

[@user-fs2lu7tm5e]

Thanks for sharing!

[@quantumynd]

This was excellent. If I were to assign it a title, it’d be.. The Chamath Man Prophecies🔮

[@rubikscube6722]

Great talk!

[@yinxiaowang4067]

Respect for the guardian standing there without moves for 120 mins straight, and yet to be interested in the lecture.

[@Jarv.01]

Thanks for sharing chamath is a legend 👊🏽

[@cscscscscscscscscscscs]

Never agreed with Chamath more than this talk. Really appreciate the heartfelt wisdom you shared. Glad to see you finding your path. Would suggest finding your worth and satisfaction in the God of the Bible. Thanks!

[@AlpacaCheese]

Great y’all, learned a lot

[@twarexdigital9974]

Thnx for the time stamps

[@Nirvaana23]

Chamath king of SPAC scammers

[@Macinro191]

Great talk thanks Chamath! I know you said you don't want to meet your hereos, but I hope I get to meet you!

[@lazerwolf001]

Biggest Accomplishment: “my children “ Biggest Failure: “my divorce “

[@fuzzmeister]

Thankyou so much for sharing this. This interview has meaning to me and resonates in so many ways (minus unhappy childhood 🙏) when i reflect on my own personal experiences of life. 👍 I’m a small uneducated retail investor, with a question: carbon in atmosphere =>Carbon ICE exhaust capture + intermittent solar=>physical carbon fibre stored to produce automotive (carbon)car bodies ie solar powered production driven carbon auto body/3D printed car frames removed co2 from atmosphere. Why cant we do this? (Especially if energy>zero cost)

[@ConvergenceTrader]

Love from Bihar, India 💛

[@Hawking1969]

Chamath if you see this, thank you for taking the time and for the honesty here!

[@crsmth]

Anyone got a link to the IRA summary that Chamath referenced?

[@simonroese2596]

Love it

[@SaifKhan-xd2qc]

Anybody know where can i learn more about green solar tech related news ?

[@Ryan.G.Spalding]

Amazing interview! Could someone drop a link to that 182 page IRA summary he is talking about?

[@SethVanBooven]

www.whitehouse.gov/wp-content/uploads/2022/12/Inflation-Reduction-Act-Guidebook.pdf

[@Ryan.G.Spalding]

Thank you sir. I guess that IS the condensed version he was talking about. Lol

[@mnesstness3911]

Hi I would also love to read the PDF if you have it available

[@jessehepburn]

I love Chamath. This dude commands mad respect.

[@willemduyck7178]

If the all-in podcast had an only-fans, the people in the audience would be its subscribers...

[@Wockenstein]

😂lmao wait what are u implying exactly

[@sethgrayson2470]

Great interview! Love listening to this guy.

[@hollaatyaboy12]

This is a perfect exposition of why the answer to the question, "business or engineering?" is always "engineering".

[@israelafangideh]

Lol, why?

[@tjhsiao06]

Many Thanks for the presentation and interview. Chamath is the MOST articulate VC and Billionaire. He delivers his speech like nobody else.

[@maxyazhbin826]

i like to see the chamath IRA report, id read it all

[@africanusz]

Chamath is always on energy

[@sadaqatomar1235]

all the cocaina

[@rehaanirfan4396]

Great chat

[@ishanjuthawat114]

Hi, Ishan from India, How to join the PE and VC club

[@jonl9192]

This has given me much more respect to Chamath

[@titusp9488]

that is his pitch ... rags to riches ... all about pump and dump .. no real quality here

[@VE_LORD]

For risk management he was talking about Poker (Gambling) I'd recommend trading as well

[@jupiterjames4201]

"Im going all in!!" *beat drop

[@NadinaRama]

'Jumping of a bridge, you are not going to A/B test that' 😂

[@codyr2318]

That is a very nice suit Chamath. Nice ideas too.

[@Wizrady]

Shout out to the executive protection agent standing there for an hour and 50 minutes!

[@davidarakelian2052]

All-in pod audience, of course. But you can't not respect Chamath. Amazing person. Besties are best

[@billystarko]

Totally onboard with Chamath's 2 points. However, could he be wrong, and if so, how/why? The main question I have is, how does shifting sources of conflict from oil to minerals for solar panels increase peace?

[@my0.02cents]

The answer is it doesn't Africa and the resource curse is evidence of that. Look at every major source of something as simple as lithium. Who tried to fund the coups, wars, corrupt politicians, corruption etc etc. It's just a hot mess.

[@mountainman6172]

It doesn't as long as the Dollar is the world reserve. It's not in the interest of the USA

[@terrysullivan1992]

Key materials are spread all over the Earth and refining processes are improving rapidly. These materials are, for the most part, recyclable . Oil is not.

[@andrewkuznietsov2350]

Could you please add timecodes?

[@sk.n.9302]

Orsted is a good example of an energy company that divested/monetized & reinvented itself.

[@ExecutiveZombie]

Yay! ☀️😎🏹

[@aidan9876]

unbelievably honest and relatable interview. thanks.

[@zaynermedia9605]

What does CTA’s mean? 34:34

[@rev_match]

im so proud to be sri lankan

[@aacowboy12]

s a result of the Inflation Reduction Act, the Tribal Energy Finance Program now holds $20 billion in lending authority plus $80 million to administer the program, including paying credit subsidy costs. And tribes may apply their loan toward project costs directly related to design, engineering, financing, and construction of eligible energy development projects. The Inflation Reduction Act also enabled tribes for the first time to receive direct pay for tax credits offered to certain types of energy projects there is the money Heppolt wind hydrogen.

[@christianhawking4085]

This is helpful, thank you!

[@masi2975]

Called market move nearly perfect.

[@nygariottley245]

This guy keeps it so REAL

[@FactsAboutTheWorld.]

hes a crook.

[@AJ-iu6nw]

his SPACs are a REAL money grab from people like YOU :))

[@TheTwoWhoWereTaken]

What does he mean about the comment around 32:00 about the new generation making trillions based on what's going to happen? He says the previous generation benefited from zero interest rates but he doesn't give a specific for the next catalyst very confusing

[@danimaltheanimal570]

Great conversation gents - only critique I will offer - black pants, blue jacket and white tennis shoes was not a good choice. Also, sit up!

[@TUBEDOUT07]

Chamath's smart and is very interesting to listen to and some great lessons in this talk- LEARN LEARN LEARN and then make the bets!

[@feelsgoodman245]

Saying banks are monolithic and comparing them to tech companies..my friend, finance has been there and done that. Finance has created value many times that of tech.

[@kellyschneider2545]

I'm only 25 minutes into the speech, but I don't want to overlook this opportunity. I'm a big fan of the humble, sincere Chamath! I'm not sure I've seen this side of him before. I've learned a great deal from him in the past. It's pretty clear there's a lot more to learn.

[@EricCRO]

This is the guy who dumps SPACs on retail

[@FirasFreajah]

So?

[@EricCRO]

​@@FirasFreajah "i scam people due to their ignorance, and gaslight them as it's their fault to not trust me bro, it's on you bro." Trust being broken ruins markets and societies, people trust Chamath, he's not a random guy off the street, and then for someone a retail ignorant who's not financially an expert is sold on the pitch of this guy losing a lot of their money repeated at scale over a society is long term destabilizing and can cascade into a financial system that no one will eventually use or trust because the regulators allow for bad behavior to go abound. That's why there are accreditation laws, a tax on ignorance is horrible for a society. We all have met many ignorant people everyday, it's a form of abuse if we take advantage on them and inflict trauma, it's why we have fairly low trust today.

[@titusp9488]

@@FirasFreajah you are the retail ... did you buy any? If you did ... then you would know "so"

[@ledererova]

00:03:00 This is well established concept in psychology that when you have a harsh childhood you can either become the good child (workoholic, achiever) or become the bad child (self sabotage, addict). There is no other way. They will be often siblings. However you still compensate for the inferiority complex from your childhood. Even if you the successful one it is good idea to seek help.

[@backnine07]

what an amazing person. Fully present at every second, rattling off amazing response after amazing response to all the people asking amazing questions. I've never seen anything like it - ever!

[@FlyMc17]

He is a scam artist and should be in prison. How utterly stupid are you?

[@ahsanmohammed1]

24:00 Said that way (felt that way) vs Speaking out to power against oppression Values?

[@syedtayyab5142]

Whats the IRA that hes talking about?

[@ChandreshTrivedi]

Powerful stuff.

[@titusp9488]

Please be more specific ...

[@kevinn1729]

After watching him over the years this humble Chamath gives scammer vibes but kudos to growth

[@pratikpatel6135]

Good entertainment but why doesn’t he talk about his SPAC pump scams?

[@tuckerbugeater]

it's your fault for wanting a quick buck

[@askartop2628]

@@tuckerbugeater lol 😅 sec will say soon

[@ariwilsun]

Put yourself in a room with Chamath and ask him yourself.

[@aron2971]

It was the volks who bought spacs share and made him rich and popular

[@pratikpatel6135]

I consider him a smart money chaser or fast money trader and not a traditional value investor. I remember him doing tweets at 6am in the morning about SPAC deals he was doing at that time so he can pump and dump them before retail investors realize the deal wasn’t good enough.

[@byb12]

ගැම්මක් තමා

[@MayorSom]

1:25:05 read books, connect the dots and formulate your own conclusion that’s plausibly rational. I can’t help but surmise these well revered institutions are very good at churning the same people every year. It’s as if it’s an assembly point

[@ahsanmohammed1]

Other than, making money and responding to people who have greater common social values, what are Chamath’s inherent values?

[@windmaple]

So the guy on the top right corner is his body guard?

[@mnesstness3911]

Did he call his personalized summer school with McKinsey a Teach-In?

[@BigDataLogin]

wow

[@thatBrianKimGuy]

CP is the best dresser.. Just from colors to fit,, just right..

[@hottiesoe87]

What was the question at 51:28?

[@adoramshemesh6104]

who leaves the room when CHAMATH is speaking?? i don't get that

[@Btn1136]

14:30 really hope he’s right here.

[@sk.n.9302]

Not sure about the green hydrogen bet. Doesn't even really exist yet & even if it did, would need huge amounts of water. Then you have wind/solar = (free) electricity. Wonder if Chamath somewhat contradicted himself?

[@lightlock2177]

smooth talker but very machiavellian

[@RobinBetorNMarak]

just two words.... Thank You 😬

[@bbsara0146]

oh god, chamath is teaching the next generation how to 'steelman'

[@kim789kim791]

Surprised they could not find anyone but the king of doomed spacs. Wow

[@ExecutiveZombie]

Si excited! 🩰👑⛓️

[@codesmode]

Modern Day PT Barnum Snake Oil Huckster

[@matibor]

Its funny to see him sitting with that suit buttoned entire time.

[@JoeRobisonGFD]

Is that his security behind him on the right?

[@LostMonk679]

58:20 1:11:00 1:17:50

[@mkballer4502]

SCAMATH

[@edreeves121]

Peter Principle on steeoids

[@BA-ve7xp]

bet more ❤ wut a degen

[@srshwa]

Aka study some philosophy - hermeneutical insights.

[@edreeves121]

Bitcoin idiocy is astonishing.

[@nwedge4]

Which part(s) are idiocy?

[@satindershergill4226]

Axnnu C form v bharna Hunda

[@8xster8]

Expected but still a bit sad to see him kneel and kiss the ring of CIA and their overthrow attempts around the world

[@SG-pi8ik]

How does Chamath Fraud get a seat at Wharton discussion..

[@stevenmurray6886]

Wharton needs to teach professional presence and confidence to these interviewers. Not impressed

[@nwedge4]

They are broke af kids. Cut them some slack.

[@z5m2]

Wasn't that bad. And besides, give these kids a break. Interviewing a famous billionaire in front of hundreds of your students when you're 25 years old for over an hour ain't easy and not sure what your expectations are--these are bschool students not performance arts/journalism students.

[@jr8209]

Palihapiman on fire.

[@titusp9488]

emperor palpatine

[@BabaG]

Sadly the greatest/ worst accomplishments being about ones family partner/kids/friends etc are great talking points but the reason he is sitting there & being interviewed is cuz he made $'s. So if you have a great family blah blah, you wouldn't be sitting in that chair being interviewed..

[@IHateScottSoMuch]

The cost of energy to zero? False. Entropy?

[@prcsoundsystem-parcherevol9474]

what does steal men mean?

[@CorinnPope]

Think of steelmanning as the opposite of strawmanning. How can you add evidence to make your argument stronger?

[@marcusaurelius9323]

Comparing Chamath to a snake is an insult… to the snake. Anyone studies face reading will see right away that his evilness shows through his face and he cannot conceal it.💰🤑😈

[@bbsara0146]

35,000 a year to support a family of 5? no wonder he wanted to become rich so bad