Kevin Roos

And they're starting to wonder, what does this mean for me?

Am I going to be able to lead the life that I wanted?

And it's just had me thinking a lot about how when I got to San Francisco in 2010, there was a sense of abundance here.

There was a sense of anyone can do a startup and anyone can sort of have the life that they want.

And it was true for many, many tens of thousands of people.

And I feel like we're almost swinging back to this sort of scarcity mentality here, which is like, well, if you didn't make it in at one of these two companies, you know, your future is in doubt.

So I don't know how true that is, but I can tell you that that is the anxiety that I'm hearing.

Yeah, and like, you know, just to say again, like, I think what you want in a society is for opportunity to be spread broadly and for everyone to feel like they have a chance to lead the life that they want.

And so when you move into a world where there is what essentially amounts to a handful of lottery winners, and those are the only people that truly get to live the lives that they want, like, that just causes massive, you know, social instability and all sorts of other problems.

So yeah, I have like a knot in the pit of my stomach about this.

I mean, look, I think those people are smart.

Like, there's a very real chance that that stock will appreciate in value even faster than your house.

So I say shoot or shoot.

Yeah, I also really love Nan's post and had a chance to talk with her about it in person recently.

And it was just so fascinating to hear about the sheer volume of philanthropic capital that we're expecting to emerge as a result of these IPOs and how little infrastructure there is to absorb it.

Something that I think some people might not know about Anthropic is that from their start, they have told people as they come on board, if you pledge a percentage of your equity to philanthropy, we will actually match it.

And so this is just a program that is dramatically amplifying the amount of philanthropic capital that is about to become available.

Oh, like what?

Yeah.

I mean, it makes me glad that we shredded the social safety net and did all that sort of reductions in pandemic preparedness.