Chamath Palihapitiya

A lot of people on the left and the right are using it to try to implement and affect policy.

It's really important for us to be grounded in the facts of it.

It's really important for us to be grounded in the facts of it.

And the facts are that childcare costs have become an overwhelming burden for many families.

And the facts are that childcare costs have become an overwhelming burden for many families.

We probably need to figure out a way to deal with that.

We probably need to figure out a way to deal with that.

Housing costs are out of control.

Housing costs are out of control.

For younger people, student debt is problematic.

For younger people, student debt is problematic.

But on the other side, the American economy still does an incredible job of getting people from those lower rungs to multiple hundred percentages of that poverty line to get them on the way.

But on the other side, the American economy still does an incredible job of getting people from those lower rungs to multiple hundred percentages of that poverty line to get them on the way.

And we just need to figure out how to push people up that staircase faster.

And we just need to figure out how to push people up that staircase faster.

Did they reverse it afterwards or no?

Did they reverse it afterwards or no?

But it doesn't matter because if the California voters voted in, it goes immediately into effect.

But it doesn't matter because if the California voters voted in, it goes immediately into effect.

What do you think happens if Fitch just taxed 5% of all net worth, and you have a bunch of illiquid private assets?