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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    1. Kevin Kwok‏ @kevinakwok 17 Dec 2018
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      The fact that there is no credible non-social capital way to enforce sharing information/document with someone and knowing they won't share it (or some summarization of it) with others has huge second order impacts on the shape of our information flows.

      2 replies 2 retweets 28 likes
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    2. Kevin Kwok‏ @kevinakwok 17 Dec 2018
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      Often wonder what it would look like if it was possible. And whether we'd like or dislike that world

      1 reply 0 retweets 3 likes
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    3. Kevin Kwok‏ @kevinakwok 17 Dec 2018
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      This also implies that if we believe there *is* information sharing happen with social capital sanctions there it is very likely to be in small groups. Which means that it's likely we live in a dark forest where some are sharing a bunch internally and I'm not part of it😭

      3 replies 0 retweets 5 likes
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      Patrick McKenzie‏ @patio11 17 Dec 2018
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      Replying to @kevinakwok

      Even the most prosaic version possible of this, that companies keep 99%++ of information internally to themselves, implies the dark forest. And you can observe people stumbling through it, like e.g. the conversation on regulating messaging platforms.

      1:24 PM - 17 Dec 2018
      • 6 Likes
      • Joachim Schipper Kyle Mathews Kevin Kwok Noah Tye Sagar Dubey Moss
      2 replies 0 retweets 6 likes
        1. New conversation
        2. Patrick McKenzie‏ @patio11 17 Dec 2018
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          Replying to @patio11 @kevinakwok

          I also tend to believe the big version, one version of which is "Every interesting fact about the world has been discussed by collaborators/peers/counterparties over coffee, drinks, and dinner, sometimes at material length, and those conversations dwarf all formal knowledge."

          1 reply 0 retweets 12 likes
        3. Kevin Kwok‏ @kevinakwok 17 Dec 2018
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          Replying to @patio11

          Yes I believe in this too. The optimistic way to look at this is that we are sitting on one of the largest untapped sources of value in world, and are at 2% efficiency. Just need to understand how to decrease the friction and align the incentives

          0 replies 0 retweets 5 likes
        4. End of conversation
        1. Kevin Kwok‏ @kevinakwok 17 Dec 2018
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          Replying to @patio11

          yeah, exactly. I think that all people anywhere close to this frontier are getting 80%+ of quality content from private memos/discussiosn now

          0 replies 0 retweets 0 likes
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