emily: what is the myth of chamath palihapitiya, and what is the reality? chamath: the reality is i am a deeply insecure person who got extraordinarily lucky, more lucky than i deserved, who is trying very hard to leave a reasonably positive legacy so that i feel like i did the right thing. i feel like there are way more people that are way more talented than me. i think the myth is that i'm aloof, i can be arrogant. i am very -- you know, i say what's on my mind. i guess at some level maybe all of those things are true. but the "me" that i know is just the same guy that feels like my parents gave up a lot. i feel like i should be really doing something important. emily: were you like this when you were young? has this evolved? have you become more courageous? chamath: what is that phrase -- alcohol is a great truth serum. money is a great amplifier of courage. like i said, what do i have to be afraid of at this point? i have an obligation to do what i think is right, to help people, and build some things that are interesting. and frankly, to make more money

emily: chamath palihapitiya, social capital partnership, early facebook employee, just said he thinkshe facebook killer is going to be built in two or three years. it's going to happen. john: i do not think that is right. you really need a new platform to emerge. it is not obvious to me what the platform is. we are still relatively early on mobile. what is possible is that we are starting to finally internalize what it means to have a tiny supercomputer connected to the global internet in our pockets all the time. all the time. or strapped to your wrist or whatever. it is not vr, ar that will suddenly disrupt the market. something that looks like a toy for a little while. but i do not think the next two or three years will be when that happens. david: i am a big chamath fan, but he has been known to exaggerate at times. emily: can snapchat disrupt facebook? john: it is unlikely to displace facebook because it is not the same thing. i think they will be big companies for a long time. emily: you said twitter is a big mistake, that you did not invest in twitter. what do you think about t