Basic income + direct democracy is a friction-free path to complete redistribution of all wealth. - Naval Ravikant

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Basic income + direct democracy is a friction-free path to complete redistribution of all wealth.

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About Naval Ravikant

Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder and chairman of AngelList, a platform for startups, investors, and job seekers. He is an angel investor who has made early-stage investments in companies including Uber, Twitter, Postmates, and Yammer. Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall.

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Additional quotes by Naval Ravikant

Politics and merit are opposite ends of a spectrum.

More political organizations are less productive, have less inequality, and top performers opt out.

More merit based organizations have higher productivity, more inequality, and higher odds of internal fracture.

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If you’re going to live in a city for ten years, if you’re going to be in a job for five years, if you’re in a relationship for a decade, you should be spending one to two years deciding these things. These are highly dominating decisions. Those three decisions really matter. You have to say no to everything and free up your time so you can solve the important problems. Those three are probably the three biggest ones.

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