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Jack Neel

๐Ÿ‘ค Speaker
164 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

I like took a lower salary to try to get as much equity as possible.

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

But I think I fell victim to the sentiment like, oh, bet on yourself.

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

I didn't even like pay the strike price to invest my shares.

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

And I looked at it the other day and the company had sold.

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

And I was like, shit, I didn't know how much for, but yeah.

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

Yeah.

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

If someone gives you the opportunity for equity, it's usually worth it.

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

If you think they have a good chance of selling, especially if people are building to sell, it feels like some people are building to sell quickly versus some people are building to sell on a longer time horizon.

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

I do want to ask you, what do billionaires know about money that

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

people just starting out in entrepreneurship don't realize?

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

Like what's something you wish you knew about the way money works itself or things you can do with your money like two years ago, four years ago?

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

Cash doesn't.

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

And do stocks really go up, though?

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

Like if you're just doing S&P, or is it just kind of like a wealth maintenance thing from your perspective?

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

I'm not entirely sure.

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

I think the average is 10% with accounts for inflation and be like 5% returns.

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

Okay.

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

You're one of the few AI billionaires that

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

It's funny that it's even a contrarian perspective on the future of AI, but why do you think AI isn't going to kill us all?

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

By that same token, just to clarify, because I think this is fairly high level thinking, but I understand what you're saying about it, is basically you feel as though you're the type of individual who,