A Quote by Sam Altman
I always tell my partners that our job is to fund all the companies we can that can be worth $10 billion or more. That's such a difficult constraint, we can't have any other constraints.
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The insurance companies make about $15 billion a year. They have doubled their profit margin under Obamacare. And so now we're going to take a lot of this and call it a stabilization fund, but really it's a bailout of insurance companies. And I just think that's wrong. I just can't see why ordinary, average taxpayers would be giving money to very, very wealthy corporations. An analogous situation would be this: We all complain that new cars cost too much. Why don't we have a new car stabilization fund and give $130 billion to car companies?
I built a net worth of more than $10 billion. I have a great, great company. I employ thousands of people. And I'm very proud of the job I did.
It's very difficult to measure the impact on policy of any investigative journalism. You hope it matters to let a little more truth loose in the world, but you can't always be sure it does. You do it because there's a story to be told. I can tell you that the job of trying to tell the truth about people whose job it is to hide the truth is about as complicated and difficult as trying to hide it in the first place.
Why do investors seem to care about 'billion dollar exits?' Historically, top venture funds have driven returns from their ownership in just a few companies in a given fund of many companies.
Yet another hedge fund manager explained Icelandic banking to me this way: you have a dog, and I have a cat. We agree that each is worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners but Icelandic banks, with a billion dollars in new assets.
The more constraints one imposes, the more one frees one's self. And the arbitrariness of the constraint serves only to obtain precision of execution.
The Youth Employment Fund is helping Ontario's young people build valuable skills and access job opportunities that will lay the groundwork for successful careers. I'm thrilled that more than 10,000 youth of all abilities and backgrounds have already benefited from this important program and I look forward to our impressive team of Employment Ontario partners continuing to work with businesses across the province to help young people build a brighter future for Ontario.
If Twitter is worth seven billion next month, I'm happy for them to be worth six billion and spend a billion making it safer for people, for example.
If you're a wealthy heir with a trust fund, and you sell stocks, make your 10% gains since Donald Trump, and then you buy other stocks, you can avoid paying taxes. And if your accountant registers your wealth offshore in a Panamanian fund, like Russian kleptocrats do - and as more and more Americans do - you don't have to pay any tax at all, because it's not American income, it's foreign income in an enclave without an income tax.
I found my first novel difficult. I don't want to make it sound like it's any more difficult than driving a cab or going to any other job, but there are so many opportunities for self-doubt, that you just kind of need to soldier on.
It is not worth the while to let our imperfections disturb us always. The conscience really does not, and ought not to monopolizethe whole of our lives, any more than the heart or the head. It is as liable to disease as any other part.
My freedom will be so much the greater and more meaningful the more narrowly I limit my field of action and the more I surround myself with obstacles. Whatever diminishes constraint diminishes strength. The more constraints one imposes, the more one frees one's self of the chains that shackle the spirit.
Our philosophy is that we want to be an ecosystem. Our philosophy is to empower others to sell, empower others to service, making sure the other people are more powerful than us. With our technology, our innovation, our partners - 10 million small business sellers - they can compete with Microsoft and IBM.
Writing a book is as difficult or as easy as any other job. Everyone's job is difficult. So to fetishize difficulties in writing as something extra-difficult or something very privileged - I don't buy that at all.
You know, to preserve our job-friendly climate the Texas legislature didn't raise taxes this last legislative session while balancing their budget and maintaining their reserves - and might I add that our budget leaves $6 billion dollars in a rainy day fund?
The President's call for more math and science students is not being heeded by his party's leaders in Congress. They are cutting over $10 billion from student aide while refusing to fully fund No Child Left Behind. Something doesn't add up.
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