Based16z shares his advice for young people looking to achieve financial freedom “I've been spending a lot of time right now working on Whop. I think that's really interesting and also embodies a lot of how you might describe the set of options for someone with the goal of achieving things in an economic sense” “I think that's a goal for a lot of people and was definitely a goal for me, to get my own economic freedom because I always felt somewhat hamstrung by it” “My parents could be like, ‘Hey, you can't do this. We're not going to support this or we can't afford this,’ or whatever” “If you have that as a goal then I think it's good to not go into a traditional job and try to do something on the internet for yourself and build equity in it or build skill in it or build specific knowledge” “What that is, is just so changing and I'm probably too old even to understand what the coolest one is. Maybe it's building Roblox games now right? There's some kids going insane on that” “Part of the Whop thesis is just like hey the smartest and most motivated people in the world are going to try to figure out their own things to do and it's going to be ever changing and an ever evolving meta” “It's even beyond crypto. I wouldn't tell someone, ‘Hey, go into crypto trading.’ If you had a real passion for that, I'm sure you can still do well starting from nothing” “You can make it doing anything as long as you love it” “You gotta work on something that's interesting to you, that's working for yourself, that's probably a little bit new and is hard to explain to old people and that you're going to have fun with”

Based16z reveals Whop is his largest investment and where he spends most of his time “Whop specifically has just been front of mind. It's what I spend the most time on now. It's my largest investment” “It's a team that I really respect a lot, especially the founder”

Based16z reflects on whether he wants to trade for the rest of his life “I don’t know. I've actually been having this conversation with friends recently” “There's a part that's like a good addiction and that I love it and there's a part that's a bad addiction and that it's like a high dopamine, gambling-adjacent kind of activity to be doing” “It's really trying to look within myself and be like, is the passion that I have for it really pure, or is it coming from a place that I can evolve beyond?”

Based16z explains why chasing a number to retire is a never-ending trap “I think people have the wrong view of freedom in that way. Obviously money can be good. It depends how you define it for yourself but like you don't need to be trying to get to a number” “It's something I thought about at that time too, like long ago. Just you're never gonna get to the number first of all” “Some dude out there just ran up a hundred million dollars and they're like, ‘Oh man, I really gotta get to $1,000,000,000.’ There's no end to that kind of treadmill” “Obviously people living in economic scarcity makes everything harder and is challenging but like people I think mostly, except in some cases, have the ability to do what they should do anyway and so that would be the way I'd look at it”