Silicon Valley Innovation in the Covid Era

Published on
October 1st, 2020
54 minutes

Silicon Valley Innovation in the Covid Era

The Interview ·
Featuring Keith Rabois

Published on: October 1st, 2020 • Duration: 54 minutes

Venture capitalist Keith Rabois, a general partner with Peter Thiel's Founders Fund, is widely known for his early-stage startup investments and his executive roles at PayPal, LinkedIn, and Square. He sits down with Real Vision CEO and co-founder, Raoul Pal, to discuss the evolution of innovation in Silicon Valley over the last two decades, highlighting its entrepreneurial spirit and the revolutionary power of technology. They dive into the shifts in consumer behavior amid the coronavirus pandemic, the IPO market boom, the rise of SPACs, and how COVID-19 could transform higher education. Filmed on September 28, 2020.



  • ND
    Nivtej D.
    8 October 2020 @ 21:03
    Outstanding interview! Thx!
  • AC
    Andrew C.
    7 October 2020 @ 01:33
    Great interview. It would be really interesting to get some more considered deep dives on the companies likely to transform the future - ie, like that Facebook in 2007 comment. Also a review of key tech trends impacting society and the companies leading them would be great.
  • TZ
    Toomas Z.
    2 October 2020 @ 13:26
    Great interview. The most interesting thing was about completely virtual companies. I have thought about this for a while, and increased government taxation in all aspects of life to pay for ever expanding deficits will drive this even further. If Facebook was a completely virtual/distributed company, how do you tax such an entity? If regulations say a company must be registered somewhere - fine, register it in a 0% tax jurisdiction (e.g. most of the Caribbean islands).
    • NP
      Nick P.
      3 October 2020 @ 01:12
      Tax at source, for example, sales tax.
  • DF
    Daniel F.
    3 October 2020 @ 00:05
    This guy is so top notch
  • DM
    Dominic M.
    2 October 2020 @ 16:20
    Great conversation—thanks, gentlemen.
  • SY
    Shiva Y.
    2 October 2020 @ 15:54
    Fascinating interview! Surprisingly, for someone who's been involved in tech as long as Rabois, he didn't say anything about Bitcoin or disruption in finance. But the comment about trust in information might as well be referring to Bitcoin. " Online I'd say, when information is accurate or trustworthy, I'm not sure there was ever a solution to this truthfully."
  • WW
    Woody W.
    2 October 2020 @ 12:15
    Great interview. RV should do more interviews like this. Next time Peter Thiel maybe?
  • MD
    Matt D.
    2 October 2020 @ 03:12
    Interesting interview, thanks Raoul and Keith. The changes in education, particularly university, will be massive (in the US particularly). Wonder how that will affect rentals/housing. Or student unions - all those campus related things. You'd think research will still stay at universities, yet their funding may be impacted. Don't know.
  • PG
    Philippe G.
    1 October 2020 @ 18:45
    Loved it. Appreciate these high-level discussions on technology, entrepreneurship, society, etc...with unique individuals thrown into the RV playlist every now and then!
    • RM
      Robert M.
      2 October 2020 @ 02:10
      Agree. Believe these interviews can help to frame your thinking on investing. Having lived in this world, appreciate the stories.
  • GB
    Griffin B.
    1 October 2020 @ 16:00
    Really love the VC content, would be interested if you could pull off a new VC section like the crypto one you have! I’d pay for that.
    • GB
      Griffin B.
      1 October 2020 @ 18:46
      Just imagine the marketplace that could be built out here with VCs coming on to talk about their industry while at the same time having cool projects "pitch"...with tokenization that could really democratize VC investments for normal people. This may be somewhat against the current spirit of the platform, but would be cool to see.
  • LF
    Liam F.
    1 October 2020 @ 18:15
    There is still innovation happening in the valley. Trust me, I work square in the middle of it. True, much of it is incremental and adjacent type. Breakthrough innovation is happening, but not at the pace and scale of the past. Of course this is more a function of the sheer volume of work that is happening these days. VC's also tend to be a bit like Hollywood producers these days. They like to invest in sequels and proven themes.
  • SS
    Stephen S.
    1 October 2020 @ 17:21
    Not sure Silicon Valley and Innovation are synonymous at this point. I know the instance of Peter Thiel he moved out of Silicon Valley to get away from the group think that was going on there.
  • GH
    Guy H.
    1 October 2020 @ 15:46
    Really great interview Raoul thx Keith has had an incredible career.
  • KP
    Kaushal P.
    1 October 2020 @ 14:31
    I guess buying short dated way out of money call options is considered long term investing now.
  • JB
    Jonathan B.
    1 October 2020 @ 14:08
    what a treat. Keith is an absolute legend in tech and angel investing.
  • BK
    Binyam K.
    1 October 2020 @ 13:46
    Thanks Raoul and Keith!