Chamath Palihapitiya · Nikhil Kamath · 2 March 2026
“Right before the SPAC phase. The SPAC phase, I torched like 4 or $5,000,000,000. That was brutal. But before that, I had another drawdown.”
Verbatim excerpt with a timestamp. The full recording is at the source; we link out and do not host it. Everything Chamath Palihapitiya is on record saying.