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If immigration policy was like running a professional sports team:

1. Recruit the world’s best, young players.

2. Give them the best facilities and coaches.

3. Help them develop into an All-American or Five star Recruits.

Now you have a choice...
Choice 1:

Allow them to enter the draft and allow your favorite team (USA) who happens to have the #1 draft pick, to draft them.

Choice 2:

Send them to one of your rivals (China, India, Russia) who gets a little closer to winning b/c of them

Choice 3:

Stop recruiting ITFP
Right now, the US is training the worlds smartest kids and then sending them back to their country of origin to help them win - esp if that country is China.

We need to stop sending them back and increase Visas for highly educated kids (or stop recruiting them up front?)
No matter what, the current position makes no sense.

Corollary: 40% of the Fortune 500 are companies started by immigrants or their kids.

Corollary: if we go back far enough, 100% of everything was started by an immigrant who left a shittier team for the USA.

Go 🇺🇸, Happy 4th
To be clear, I’m not suggesting 100% of immigration policy be run like this. We need a certain percentage for families and for refugees (I was one).

But I think whatever % we give to talent recruiting, it should be focused on winning long term and building a talent monopoly.
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More from @chamath see all

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Chamath Palihapitiya
@chamath
Elihu Yale was a slave trader.
Leland Stanford was a racist.

These are the schools we tell our kids to kill themselves over, for parents to cheat over and for society to fawn over.

But their founders were scumbags.
Here’s Leland Stanford, father of @Stanford on blacks:

“The cause in which we are engaged is one of the greatest in which any can labor. It is the cause of the white man…I am in favor of free white American citizens.”

Going further...he said...
“I prefer free white citizens to any other race. I prefer the white man to the negro as an inhabitant to our country. I believe its greatest good has been derived by having all of the country settled by free white men.”

His views on Asians were also despicable...
Read 5 tweets
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Chamath Palihapitiya
@chamath
I’ve interviewed hundreds of people for numerous companies over the past 20 years of building businesses.

I’ve experimented with many interview questions and most are only semi useful, but one, above all, has been the most useful.

A thread...
About halfway into the interview, when the candidate seem a bit more relaxed, I always ask them:

“Think about something you deeply love. Take a few minutes to prepare and then teach it to me in a few minutes.”

What do I get from this?
First, everyone has something they are passionate about. It could be a book they’ve read, a game they play, a side hustle...whatever. Everyone has something.

Putting people on the spot isn’t a strong look but when you do it about something they have mastery around, it gets fun.
Read 10 tweets
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Chamath Palihapitiya
@chamath
This pandemic will hopefully mark the end of the perversion of higher education.

Since the 1980s, kids and parents have been forced to play a series of stupid finite games - grades, extra curriculars, influence peddling, donations for infinite assets: skills and knowledge.
Universities have become overbought luxury goods that exploit exclusivity, exclusion and judgement to drive up revenues and endowment AUM.

They went from “places to learn” to “places to perform” with the promise of monetary rewards for complying and paying sky high tuition.
IRL, however, the jobs moved away from what Universities taught. The skills needed by grads were increasingly lacking. And the monetary gains were increasingly elusive.

But the costs kept going up. And the kids and parents became more indebted.
Read 7 tweets

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