Smash Notes

Why Did Naval Say Wealth Fits a Healthy Planet?

at 2:54

From the episode: Accountability Means Letting People Hate on You

Answer

On Accountability Means Letting People Hate on You, Naval Ravikant rejects the idea that wealth creation is at odds with an environmentally safe planet. He calls the zero-sum version of that story false, and says Elon Musk is not playing a zero-sum game with the environment. The word he borrows from environmentalists is sustainability. A for-profit business is at least financially sustainable, and a B Corp can carry a dual mission. Many nonprofit efforts, he says, would be better as companies, because they would not have to beg for grants. Some founders reach a philanthropic aim by running the business and then deciding what to do with the winnings.

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