60sec snip

All-In with Chamath, Jason, Sacks & Friedberg cover image

Presidential Debate Reaction, Biden Hot Swap?, Tech unemployment, OpenAI considers for-profit & more

All-In with Chamath, Jason, Sacks & Friedberg

NOTE

Monetize Success Early

In the early stages of a massive technological shift, it is advisable for industry leaders to quickly monetize their success through secondaries and cash out, as history shows that winners at the beginning may not be the ultimate winners. The future is uncertain, especially in disruptive technologies, leading to constant changes. Looking at past technology shifts like search and social networking, it is evident that those who capitalized on their perceived success early on were not always the long-term winners. Hence, leaders should aim to monetize their success swiftly and at a large scale.

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