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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. michael_nielsen‏ @michael_nielsen 29 Mar 2019
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      The rise of "No Religion" in the US. This is the graph that has most surprised me this year. Via @wesyangpic.twitter.com/s5UukYy6Ba

      113 replies 758 retweets 2,210 likes
    2. Patrick McKenzie‏ @patio11 29 Mar 2019
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      Replying to @michael_nielsen @wesyang

      I think a similar preference cascade is coming for universities.

      3 replies 2 retweets 28 likes
    3. michael_nielsen‏ @michael_nielsen 29 Mar 2019
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      Replying to @patio11 @wesyang

      Why? (Not an argumentative why, just a curious why. This is a claim often made, but usually badly argued - I'd love to see a good argument for it.)

      4 replies 1 retweet 11 likes
    4. Kevin Kwok‏ @kevinakwok 29 Mar 2019
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      Replying to @michael_nielsen @patio11 @wesyang

      It's unclear to me that this is happening in non-tech industries. Now I think tech is increasingly rising in scale and importance so that may be enough. But I see no signs of law, finance, etcetc moving this direction

      3 replies 0 retweets 7 likes
    5. This Tweet is unavailable.
    6. Kevin Kwok‏ @kevinakwok 29 Mar 2019
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      Replying to @ctbeiser @michael_nielsen and

      Which other industries will be first to undergo the transition? And why has need for signal been eroded in the other industries?

      1 reply 0 retweets 1 like
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    8. Patrick McKenzie‏ @patio11 29 Mar 2019
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      Replying to @ctbeiser @kevinakwok and

      This is part of my thesis, too: if (without loss of generality) Goldman Sachs will only hire from prestige institutions and all similar employers share same restriction, then one must go to Harvard/etc. But if Goldman will hire from Google which will hire from the Internet...

      3 replies 1 retweet 14 likes
      Patrick McKenzie‏ @patio11 29 Mar 2019
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      Replying to @patio11 @ctbeiser and

      And it doesn't take decades for that preference cascade to happen. How many Googlers need to go to Goldman before that is not merely a one-off target-of-opportunity but a path that can be repeatedly trodden and systematically laid out to people?

      4:18 PM - 29 Mar 2019
      • 7 Likes
      • Flatvid Luca Dellanna michael_nielsen Alex Patch Rick Kevin Kwok
      5 replies 0 retweets 7 likes
        1. New conversation
        2. Kevin Kwok‏ @kevinakwok 29 Mar 2019
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          Replying to @patio11 @ctbeiser and

          I agree with this. Two questions it pushes 1. What is main constraint on this loop? Google churn rate? Google hiring? 2. Technically could go path elite schools did. Expand meritocratic channel to wash incumbent elitism. Which makes it nec but not sufficient for cascade

          1 reply 0 retweets 0 likes
        3. Patrick McKenzie‏ @patio11 29 Mar 2019
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          Replying to @kevinakwok @ctbeiser and

          I think the main constraint is the ability of organizations to convince the 70th percentile student at Stanford or Harvard that they have an option which causes career value equivalent to a B? from Stanford or Harvard with 95%+ probability and, secondarily, convince parents.

          1 reply 0 retweets 3 likes
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        1. michael_nielsen‏ @michael_nielsen 29 Mar 2019
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          Replying to @patio11 @ctbeiser and

          This kind of process is always going on. So too is the reverse process (as @niftynei pointed out). To be convincing you'd need to argue that there's likely to be an enormous net shift. I think it's plausible, but that's mostly intuition; I've never seen someone make a strong case

          0 replies 0 retweets 0 likes
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        2. Patrick McKenzie‏ @patio11 29 Mar 2019
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          Replying to @patio11 @ctbeiser and

          n.b. I bet $100 that the Googlers at Goldman can trivially find each other via an internal network or tool which explicitly supports that use case, a fact which is not irrelevant to how quickly they can catalyze a cascade in Goldman's preferences.

          1 reply 0 retweets 3 likes
        3. Kevin Kwok‏ @kevinakwok 29 Mar 2019
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          Replying to @patio11 @ctbeiser and

          Yeah also very bullish on bunch of incumbents not following it, but being obsoleted by companies that use tech organization/hiring/processes

          2 replies 0 retweets 1 like
        4. 1 more reply
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        2. Royalty Free Music from Niftyland‏ @niftynei 29 Mar 2019
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          Replying to @patio11 @ctbeiser and

          there’s a good example of the opposite of this happening (but in some ways a great outline of the challenges) in Liars Poker around switching from hire anyone to requiring a degree from a certain school

          1 reply 0 retweets 1 like
        3. Royalty Free Music from Niftyland‏ @niftynei 29 Mar 2019
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          Replying to @niftynei @patio11 and

          the driving factor, as Lewis posits it, is the firms leaders desire to raise their social status in NYC, something money alone couldn’t do. one way to accomplish this was to raise the elitism of the firm via their hiring pipeline.

          1 reply 0 retweets 3 likes
        4. 2 more replies
        1. Chris Sperandio‏ @sperand_io 29 Mar 2019
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          Replying to @patio11 @ctbeiser and

          Chris Sperandio Retweeted Chris Sperandio

          I’m a college dropout still just angling my way to McKinsey. Feeling within reach!https://twitter.com/sperand_io/status/1111770570339696645?s=21 …

          Chris Sperandio added,

          Chris Sperandio @sperand_io
          I'll bite! Was drunk on my 20th birthday in my Vanderbilt dorm. I managed to lock myself in the stairwell in my boxers going between rooms at 3am. Left through alarmed door. The cops that stopped me thought it would be hilarious to send me half naked to Davidson County jail https://twitter.com/ParissAthena/status/1111407796434534400 …
          Show this thread
          0 replies 0 retweets 1 like
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