Chamath Palihapitiya
π€ SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
And what that caused was a lot of aggressive companies to do massive amounts of spending, a lot of retail investors to embrace these stocks like we're seeing with people trying to get into these private companies.
And Sax, look at the 2000 peak of Cisco.
This is the most extraordinary chart ever.
It took them 25 years to get back to that peak.
And they had a lost two decades.
And we had a massive amount of fiber that wound up getting bought.
We talked about that a couple years ago on the program.
But there's something for you to build off of here when you look at this massive infrastructure.
You think it's going to be Cisco Systems all over again, WorldCom, etc.
?
Yeah, despite what Jack had blocked said.
Yeah, you're still going to need- 6,000 direct reports is a great like-
goal, but it's not realistic.
It's almost like there was some architect or czar who set up the chessboard in the first year of this to make sure that it was ultra competitive.
With some good advice, I think, maybe.
Freeberg, your thoughts?
Always good to have good advisors.
Absolutely.
Absolutely.
Literally, there are people who, if we were looking at this, you know, I don't know, a hundred years ago, it'd be like people were like, yeah, you know what?