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EricRWeinstein's profile
Eric Weinstein
Eric Weinstein
Eric Weinstein
Verified account
@EricRWeinstein

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Eric WeinsteinVerified account

@EricRWeinstein

Managing director @ Thiel Capital. Some assembly required. Spelling not included. May contain math. Tweets are my own.

Argleton
edge.org/3rd_culture/bi…
Joined April 2009

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    Eric Weinstein‏Verified account @EricRWeinstein Sep 25

    Eric Weinstein Retweeted Mason Hartman  🏃🏻 ✂️

    Sometimes you run across a transcendent formulation of an idea you *almost* had and so it stops you dead in your tracks. Take that moment, if you can, and acknowledge them.https://twitter.com/webdevMason/status/1039311534525042689 …

    Eric Weinstein added,

    Mason Hartman  🏃🏻 ✂️ @webdevMason
    Fundamentally, venture capital is the business of identifying & believing in ambitious people who need someone to believe in them. The greater the extent to which they're underestimated, the more you stand to gain — why is this *never* articulated?
    Show this thread
    12:50 PM - 25 Sep 2018 from Los Angeles, CA
    • 69 Retweets
    • 434 Likes
    • James Tiberius Stone psylogism Otis Manousakos Molly Whipple David Frank  ¯\_(ツ)_/¯ J!nksy Jager Tusk Justin Martin 🚚💨 Ryan Rodenbaugh
    11 replies 69 retweets 434 likes
      1. Eric Weinstein‏Verified account @EricRWeinstein Sep 25

        Mason’s insight raises an interesting question: Why don’t we acknowledge this as applicable everywhere? We have folks in all walks of life who need their first big break. Why do we not build ways to get VC thinking financially rewarded everywhere it’s needed beyond startup firms?

        66 replies 41 retweets 343 likes
        Show this thread
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      1. No Pigs‏ @No_Pigs Sep 25
        Replying to @EricRWeinstein

        Giving them a lever and a place to stand, they will move the whole world. Archimedes, original VC

        0 replies 2 retweets 7 likes
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      1. (((Just a Flâneur))) [#Modus Trollens 🤓 ⁉️]‏ @EnlightFundy Sep 25
        Replying to @EricRWeinstein @clairlemon

        Yes. She’s describing an arbitrage.

        0 replies 1 retweet 4 likes
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      1. Paul LaFountain‏ @LafountainPaul Sep 25
        Replying to @EricRWeinstein

        @RobertGreene Covers this well in “Mastery”. Take action on those moments of epiphany else you will eventually see that same idea executed by someone else.

        0 replies 0 retweets 4 likes
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      1. Dennis Wingo‏ @wingod Sep 25
        Replying to @EricRWeinstein

        The reason that this is hard to articulate, and is so rarely presented in this form, is that its execution is unusual.

        0 replies 0 retweets 1 like
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      1. ingarage‏ @ingarage1 Sep 27
        Replying to @EricRWeinstein

        Eric, I just watched your conversation with DAVE Rubin. I am a co-founder of a start-up you will believe in when you go to this website http://www.ingarage.build 

        0 replies 0 retweets 0 likes
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      1. Kevin Hill‏ @CyborgTribe Sep 26
        Replying to @EricRWeinstein

        This is what VC has become, but we don't have good contracts that allows risk at that scale, so we get lots and lots of distortion.

        0 replies 0 retweets 0 likes
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      1. nix‏ @nixarian Sep 25
        Replying to @EricRWeinstein

        Because it's a patronage system. Who gets to choose who is worth believing in? How many just fall through the cracks because no wealthy patron decided to invest in them?

        0 replies 0 retweets 0 likes
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      1. Just a Humanist‏ @ClaudeL1979 Sep 25
        Replying to @EricRWeinstein

        By writing them down.

        0 replies 0 retweets 0 likes
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      1. Otis Manousakos‏ @OtisManousakos Sep 25
        Replying to @EricRWeinstein

        Trying to determine whether it was the statement itself or the ending that impacted me most. Either way. Thank you. Have you looked at Sir Michael’s RH presentation yet? Hard to follow with thoae tiny screens

        0 replies 0 retweets 0 likes
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      1. James Tiberius Stone‏ @Evolving_Ego Sep 25
        Replying to @EricRWeinstein

        Yup. Or an idea you had but didn't run with.

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