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Amjad Masad

πŸ‘€ Speaker
2535 total appearances

Appearances Over Time

Podcast Appearances

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

It's like buy stocks you like,

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

Um, I don't know.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

I don't want to give like too much of financial advice because like a lot of it is like very, very selective.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

But like the, the, the main idea here is, is assets, like understanding inflation, how inflation works and how the dollar is like continuously being printed.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

Really every currency out there is like continuously being printed.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

Um.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

And if you're optimizing for cash, you're really losing wealth and you're not really building wealth.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

Wealth is through accumulation of assets.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

And those assets tend to, there's certain assets that tend to compound.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

I bought Bitcoin, when I left Facebook to start Replit,

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

I sold my Facebook shares, which I could have held on them and they've done really well, but I bought Bitcoin and put the rest in my company.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

And so understanding inflation is core and like go research that and really understand how the system is working on debt and quantitative easing and all that stuff.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

You don't have to understand it that much in depth, but the main lesson is

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

where the economy is running on inflation and the rich don't hold cash, they hold assets.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

I don't know.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

I mean, I don't really think about money all that much.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

Like, and I don't say it in a way to like,

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

you know, to brag or anything.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

It's just like for me, it's like build cool shit and money will come.

The a16z Show
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI

Like build poor things, hold ownership in those things that you build or invest in like important things and products and services that you think are just the future.