“What I’m good at is deploying smaller amounts of capital… it’s easy to chase AUM but I prefer staying small.”
♫
Said on TBPN
“A billion dollars goes a long way in a country with 100,000 people or a million people… it’s like $1,000 ahead, $10,000 ahead”
Unchained · The Chopping Block: Live at TOKEN2049 feat. Balaji Srinivasan & Arthur Hayes on Kazakhstan, Crypto Bunker Mode, and the L2 Shutdowns
Play from 8:12
8:12
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What was described
Invest a relatively small amount of capital (e.g., $1,000) in a low-population country
$1,000
Said nearby on the same subject
“Given this relatively small amount of people so far means that we have a lot of compute per person… you can do a lot of experiments just like one person.”
♫
Said on Training Data
“My first investment was some of my own capital, some of my parents' capital… then later the Oculus investment.”
♫
Said on TBPN
“We made the $20,000 instant asset write off permanent. So small businesses can invest in the tools and the technology and the equipment that they need to grow.”
♫
Said on Australian Parliament: House of Representatives
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