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Thoughts on San Francisco — David Perell

Philanthropy: All the technology IPOs have minted hundreds of millionaires. Some of that new wealth will go towards philanthropy. East Coast philanthropy goes towards classic institutions like museums, universities, public parks, and symphony halls. I suspect Silicon Valley philanthropy will look different. During my time in San Francisco, I attended a party for Palladium Magazine , which, to the best of my knowledge, is funded by Silicon Valley entrepreneurs.