Palihapitiya argues tech companies must deliver measurable benefits to tens of millions of Americans.
“We need to self organize better, and we need to be more on the forward foot. We need to start doing things that are practically measurable by tens of millions of American citizens.”
Palihapitiya says Wall Street values tech company cash at zero, so it should be deployed for social benefit.
“We have so much cash on the balance sheets of these companies. Wall Street values it at zero.”