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patrickc's profile
Patrick Collison
Patrick Collison
Patrick Collison
Verified account
@patrickc

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Patrick CollisonVerified account

@patrickc

Fallibilist, optimist. Stripe CEO.

patrick@stripe.com
patrickcollison.com
Joined April 2007

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    Patrick Collison‏Verified account @patrickc 1 Jul 2018
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    Thanks to crypto, the kinds of people who hung out on bitcointalk in 2012 are going to be allocating a *lot* of capital in coming decades. One of biggest spillover benefits of the space may be all the weird stuff they choose to back next.

    8:49 PM - 1 Jul 2018
    • 279 Retweets
    • 1,850 Likes
    • Ayush Sharma Trust Birungi aakash thumaty Paradigma Joshua Levine Leo Kadis Victor Cheng Sagun Garg (1.01³⁶⁵ = 37.2x) jameschurchman
    48 replies 279 retweets 1,850 likes
      1. New conversation
      2. Kevin Kwok‏ @kevinakwok 1 Jul 2018
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        Replying to @patrickc

        Agree. I like macro waves that cause very different types of people to have lots of capital early. Because it's good test for how inefficient our status quo is a capital allocation.

        3 replies 2 retweets 37 likes
      3. Kevin Kwok‏ @kevinakwok 1 Jul 2018
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        Replying to @kevinakwok @patrickc

        And increasingly wonder if the rich/unconstrained today are as a whole not ambitious enough in scope.

        2 replies 1 retweet 30 likes
      4. 5 more replies
      1. New conversation
      2. Patrick Collison‏Verified account @patrickc 1 Jul 2018
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        Replying to @stephenkinsella

        Well, I think it requires an explosion of value and large absolute size in the asset class. Crypto currently has both of those characteristics. So did/do tech equities, of course, and second-order effects of that wealth creation have indeed been quite significant, I think.

        3 replies 1 retweet 35 likes
      3. 6 more replies
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      2. Alistair Croll @ localhost‏Verified account @acroll 3 Jul 2018
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        Replying to @patrickc

        I worry about the intersection of this and Citizens United.

        1 reply 0 retweets 0 likes
      3. Patrick Collison‏Verified account @patrickc 3 Jul 2018
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        Replying to @acroll

        Available evidence suggests that you shouldn’t be too concerned... https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3042867 …

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. Vinod Khosla‏Verified account @vkhosla 2 Jul 2018
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        Replying to @patrickc

        Agree on the people building weird ideas on blockchains. But the ones just chasing quick bucks? A mix of believers & chasers?

        2 replies 0 retweets 4 likes
      3. AlgoritHuman‏ @AlgoritHuman 2 Jul 2018
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        Replying to @vkhosla @patrickc

        Whatever maybe JustAlways trying toSee what ItCould evocate,reveal,inspire>just bc ways toExpress SomeIdeas aren't in obligation toBe falseORtrue,0or1,but atLeast 1attention onThe subject>#DataScience #AI #DeepLearning #Reinforcement etc research move like blockchain WayOfLife?😉

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. AJ Joshi Ⓥ‏Verified account @AJ 3 Jul 2018
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        Replying to @patrickc

        Interested to see stellar unfold..

        0 replies 0 retweets 2 likes
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      1. ₿itcoin - ₿eans - ₿ullets‏ @TruthRaiderHQ 3 Jul 2018
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        Replying to @patrickc

        I love how us nerds will run the world in ten years.

        0 replies 0 retweets 1 like
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