"Good government is one of the most important factors in economic growth and social well-being." — Joe Lonsdale

The reason we have so much talent in Silicon Valley building and investing in for-profit technology companies is that markets richly reward successful ideas, no matter who invents them. But to remain competitive in a free market, companies must exercise discipline to meet quantitative goals and eventually become cashflow positive.

We created Addepar because we saw a place where a multi-billion dollar global platform clearly should exist - but did not yet - to fix many of the challenges that exist in the finance industry.

If you can make finance more functional, make it a tiny percent better, you create a great deal of resources, which you can use for other things like education and healthcare.

Basically, I think society functions thanks to how certain key industries work - government, finance, healthcare, education, energy. Pretty much all of these have a huge impact on everything else.