A Quote by Chris Larsen
A lot of financial technology is foolhardy. Saying, 'We're going to kill banks. We're going to disrupt everything,' ignores some realities.
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Some banks won’t make it. Other banks are going to make sure that we strengthen. All deposits are going to be safe for ordinary people, but we’re going to have to bring out some of these bad assets.
I think that if you're going after large banks and large financial companies to try to make sure people are being treated fairly, you're going to make some enemies, and you're going to make people uncomfortable.
I think it's amazing when technology is used in a smart way, but the responsibility that comes with it... I think there's a lot of technology that we're using that we haven't thought through. It's a bit scary to put all your trust in technology and to think that that's what going to save us. We're going to have to make some compromises.
It's crazy. I don't know how I'm not dead. People think I'm going to get punched in the face: "Something terrible is going to happen to you. You're going to get killed." That's not what's going to kill me. The show is going to kill me. The work is going to kill me. Once I'm on the street, I'm not worried about that.
But the basic principle that we’re going to have to see some of this debt written down, that the government is going to have to support some banks, that others that are not viable, essentially that we’re going to have to do something with those assets.
So, yeah, I'm going to try to win the national championship next year. But I'm not going to kill myself doing it. I'm not going to kill my players either. You really start to realize there's a lot more to what we're trying to do then winning games
The VC industry has benefited greatly from technology and the Internet, so I see how the VC industry is going to get disintermediated, decentralized, disrupted, so I can sit around and wait for someone to disrupt ourselves, or we can choose to disrupt or cannibalize ourselves.
With the way everything's going now and the way that technology is going, you can do a lot of things with a lot of different new materials.
Financial institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks-when one fails, they all fall. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur... I shiver at the thought.
I love to eat everything and you pretty much can - a little piece of something fattening is not going to kill you. It's when you eat the whole box that it's going to kill you.
What I am saying is that Donald Trump can still get a lot of votes from a lot of conservatives like me, but I would like some assurances on where he's going to stand his ground. I'd like some assurances that he's going to be a vigorous defender for the U.S. Constitution.
Everything's not going to go perfect. You're going to have some losses that you're going to have to bounce back from and some things that are a little unforeseen that you're going to have to deal with.
I realize that the 2020s are going to be completely different than this decade has been. There's going to be rapid progress. One of the most important aspects is going to be cheaper access to space. It changes everything. We have the ideas and the technology to do a lot of things, but we're limited financially, so, by reducing the cost of access to space, the whole problem is changed. Ultimately, the pieces that are coming together are going to allow us to send humans to Mars - and bring them back.
And you get into that sort of cannibalistic feeling - all you want to do is go out there and, like I say, kill somebody. I'm going to get him. I'm going to kill'em. Not like you are going to put them into the ground after, but you just want to kill a guy.
If you want to bring down the prices of healthcare and education, the answer will be more innovation, more technology, which will then have the effect of freaking everybody out and saying, 'Oh, my God, you're going to kill all the jobs.'
Going into a game, I know that I'm going to run a lot. I know I'm going to have a lot of volume, and I know that I'm going to get hit a lot, which is great. Sometimes we try to deliver some blows, too, try to break as many tackles as possible. We know it's going to hurt the next day. That's why we love the game.
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