Chamath Palihapitiya
@chamath
God is in the details.
1K Following 1.9M Followers
Over the past 100 years:
The number of banks have gone from 28,000 to 4,500
The number of public companies in the US peaked ~8000 and has since shrunk to ~6000
Meanwhile the amount of regulation and regulatory agencies have exploded.
Regulation, at the limit, strangles entrepreneurs, smaller businesses and public companies in favor of consolidators, large rollups and administrators.
We need a regulatory reset.
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Can confirm FSD is awesome.
For the past two months, in our own car, we now just get in, put in the destination and turn on FSD.
It’s changed my mood when I drive. More relaxed, less feeling I’m distracted.
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