It is beneficial for the economy to have more technology companies being born, as they replace inefficient legacy systems.

“we are much better off with as many technology companies being birthed and being viable because over the long arc of time those companies will rebuild things that are today inefficient and broken in a better way and the world becomes better”

Private technology companies are effectively becoming the next generation of industrial companies that will hold massive market value.

“I'm going to go ahead and put as much money as I can into the index of the private companies and expect that they're going to be worth more than 46 trillion in 30 years”