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Here’s an on-going meta thread of some of my favorite twitter threads:
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Conclusion from Don Hoffman's "Illusion of Reality": An organism that sees reality as it truly is, is never more fit than an organism of equal complexity that sees none of reality and is just attuned to fitness payoffs. In other words, seeing the truth will make you extinct.
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What's your best argument as to why there needs to be more, not less, VCs? Examples: - More investors, more founders, more growth: https://twitter.com/eriktorenberg/status/1217522710865072128?s=20 … - More investor diversity, more founder diversity - More economically aligned & interconnected society
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Another addition: There are 2 distinct kinds of billionaire complaints: Those that think the $ would be better off distributed more widely among employees & public directly +those that think the gov't should be collecting the money & dispersing it itselfhttps://twitter.com/eriktorenberg/status/1204506799941881857?s=20 …
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One thing I'd add is I'm surprised when pro-government fans don't want people to become billionaires as long as they are creating sustainable value (e.g JK Rowling)... It means more money for the gov't!
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See recent critique of billionaires for not solving climate crisis. US Gov't has over 4 trillion dollars (collected via taxes vs created via growth). What's better use for public $ than solving climate change? The more ppl become rich, the more money gov't has to do so.pic.twitter.com/5WaTvbKefa
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When ppl get rich in a sustainable way, ppl should celebrate, b/c, among other reasons, some of that $ goes to gov’t, which means more education & healthcare Without growth, we couldn’t pay for these services. Each public job is in effect “sponsored” by a private job (via taxes)
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Someone DM’ed me & said defend billionaires in 2 tweets. Took 3. Curious for your critique or own version (obv generalized): Business ppl (mostly) grow the pie. Gov’t (mostly) splits it (grows some too) W/o business ppl growing pie, there’s less to splithttps://twitter.com/eriktorenberg/status/1224151530980270081?s=20 …
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Hearing more & more CEOs subtly discourage (but not restrict) employees from having political debates in the office, on productivity & team cohesion grounds. Politics is the mind-killer, the religion-replacement, the opiate of the masses—and polarizes more than any other topic.
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Thesis: We should grow the pie in so far as it split the pie evenly Antithesis: We should split the pie evenly in so far as it grows it Synthesis: We should grow the pie such that the person w/ smallest slice is better off than they'd be otherwise, even if increased inequality
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The bigger the pie, the more there is to redistribute as well Technology innovation, if done well, helps do more with less—grows the pie without hurting the environment (https://www.amazon.com/More-Less-Surprising-Learned-Resources-ebook/dp/B07P5GPMTY …) Technology innovation is thus a force for good, and we should encourage more of it
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A friend asked me to defend technology in two tweets. Curious for critiques, or your own version. Here's mine: Society survives or dies based on its ability to sustainably grow the pie. Without a growing pie, there’s a winner for every loser, and we engage in zero sum conflict.
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Erik Torenberg Retweeted
We’re hiring a full stack engineer who wants to build the future of credentialing and social capital investing with us. Is this you or someone you know? DM us.
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Erik Torenberg Retweeted
One of the things I love most about the
@beondeck community is when dozens of alumni from past Fellowship cohorts volunteer to help interview hundreds of candidates for the upcoming one. We try to match them by skillset & interests, often resulting in some awesome serendipity :)pic.twitter.com/4GJQOdrLkw
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If we could magically see ppl's hypocritical actions, we'd lose faith in humanity If we could magically see the experiences that led to ppl's flaws, we'd be more compassionate Rn we're merely in the era where ppl are publicizing their private thoughts, & we're losing our minds
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To the extent there's founder/VC misalignment (VCs have portfolio, founders don't), it's truly founder/LP misalignment VCs are shooting for decacorns bc LPs prefer "Go Big or Go Home"—LPs have portfolios too Everyone's diversifying on top of someone else's concentrated strategy
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If you're a second time founder, or have been a VC in the past, one thing against you in fundraising is that, although you're more knowledgable, you're more jaded and reticent to believe your own hype & leaps of faith.
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My broader team too. We have a lot to talk about
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I’ve done ~500 podcast episodes as a host, but barely any as a guest. The podcast version of “always the bridesmaid, never the bride” ;) I’m going to change that and do a mini podcast tour in the next few months. What podcasts should I go on?
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Aspiring founders sometimes think they’ll learn more joining a startup first(mentorship, success models, expertise etc) Maybe! But they underestimate that, as a founder, you can also get great mentors, founder peers, expertise—& skin in the game is a hell of a learning motivator
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Another framing I’ve been thinking about: AngelList for social capital.
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