You Heard It Here First: Chamath Predicts US Sovereign Wealth Fund Template

I've met with owners of Tik Tock the big owners it's worthless if it doesn't get a permit with a permit it's worth like a trillion dollars so what I'm thinking about saying to somebody is buy it and give half to the United States of America half and we'll give you the permit let me just make a prediction for the future there's a question that this raises which is does it make sense for the American government to be a little bit smarter going forward about how it allocates incentives and resources wouldn't it make sense where when you create incredible economic incentives and upside for private investors and investment for some portion of that gain

to go back to the American people is that a bad thing I don't think so would it enrich America I think so would it make it easier for people to feel like they're participating in all of these incredible gains I also think so my prediction is that this becomes more of a template for the future it'll be more about creating incentives and allocating those incentives for a share of The Upside and I think that there is a really strong economic argument for America to do that we're going to have a sovereign wealth fund which we've never had the extraordinary size and scale of the US government and the business it does with companies should create value

for American citizens and as an example Tik Tock we're going to be doing something perhaps with Tik Tock and perhaps not and we might put that in the Sovereign wealth fund