Naval Ravikant quotes on equity
Indian-American entrepreneur and investor. He is the co-founder, chairman, and former CEO of AngelList.
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1
Equity is the new land. Shareholder is the new landowner.
2
Society has had multiple stores of value, as none is perfectly secure. Gold, oil, dollars, real estate, (some) bonds & equities. Crypto is the first that’s decentralized *and* digital.
3
Investors may prefer tokens over equity - tokens give direct ownership of revenue, equity may be profits trapped inside corporate structure.
4
Good tokens coordinate distributed actors to provide and allocate scarce network resources. The rest are just equity by another name.
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