“We use convertible notes a lot at our fund - 8VC - so often that we just call th…” — Joe Lonsdale

Entrepreneurship is, in large part, about building something from nothing, which means creating a cause.

We founded Palantir in 2003-2004 because we perceived a giant gap between how the defense and intelligence community was harnessing technology to achieve its goals and what we had seen was possible in Silicon Valley over the last decade.

In a well-run tech company, small, elite groups who have ownership in the company are given the freedom to define and achieve their tasks in line with a broader mission that they have internalized as their own.

There will be trillions of dollars under Addepar. You will have tons of money and information flowing through it.