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    "text": "It is both wild and embarrassing that Hoffman really is the leftmost flank of the Silicon Valley capital-holding class. \n\nHe agrees with Thiel et al that their investments should have unfettered free rein. But he cautions that they should use their power wisely. \n\nThat’s as far left as they stretch!",
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          "alt": "great power comes giedl lu\nWe believe that the responsibilities of a blitzscaler go beyond simply maximizing shareholder value while obeying the law; you are also responsible for how the actions of your business impact the larger society. But even beyond the moral imperatives, responsible blitzscaling is good business strategy. Society provides the ecosystem in which you live, and in which your business op-erates, which means that it can rightly claim some responsibility for your success. In other words, your success is contingent upon society functioning properly. Here in Silicon Valley, some might fantasize about floating cities in international waters, but the fact is that blitzscaling businesses rely on the rule of law, robust financial markets, and an education system that produces talented employees and a healthy market of consumers. To paraphrase Warren Buffett, we win the \"ovarian lottery\" when were born into blitzscaling ecosystems.\nMoreover, responsible blitzscaling can actually protect against lation that threatens to slow growth trajectories. Regulation",
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    "createdAt": "2025-05-06T00:41:38.787Z"
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