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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. Byrne Hobart‏ @ByrneHobart Feb 19
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      If you view social status as a kind of currency (see https://alexdanco.com/2020/01/23/social-capital-in-silicon-valley/ …), particularly a currency that gets lent out in the form of recommendations/endorsements, this means there's an important part of the economy that lacks active monetary policy.

      1 reply 0 retweets 24 likes
      Show this thread
    2. Byrne Hobart‏ @ByrneHobart Feb 19
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      It also means that since The Social Network unilaterally raised the status of every programmer in the world, it was the QE of startup social status.

      1 reply 0 retweets 14 likes
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    3. Patrick McKenzie‏ @patio11 Feb 19
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      Replying to @ByrneHobart @byrneseyeview

      People underrate how big The Social Network was, even people who believe it was causational for e.g. the boom in YC applications. At least three members of my now-wife's Council of Girlfriends withdrew their objections to me after they watched it for movie night.

      2 replies 2 retweets 15 likes
    4. Patrick McKenzie‏ @patio11 Feb 19
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      Replying to @patio11

      A thing I believe without a trace of irony: since culture informs social status and cultural artifacts are purchaseable with money we should allocate dollars to allocate status wisely. Coke has budget to determine what Peter Parker drinks. Google should bid re: his internship.

      1 reply 2 retweets 10 likes
      Patrick McKenzie‏ @patio11 Feb 19
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      "That sounds outlandish." The Department of Defense is capable of doing career funnel math and sponsoring movies with 10+ year time horizon in mind; AppAmaGooBookSoft have roughly the same order of magnitude payroll costs in 2020, right?

      9:11 AM - 19 Feb 2020
      • 1 Retweet
      • 7 Likes
      • Sagar Dubey ian hines If you meet 60+-year-olds, quarantine like one Plague Misha Matt Guttman Orion Lehoczky Escobar
      1 reply 1 retweet 7 likes
        1. New conversation
        2. Alec Wilson‏ @alecfwilson Feb 19
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          Replying to @patio11

          The counter to this is “maybe they HAVE done this math, and it turns out DoD has a far lower ROI tolerance” (or is not as good at this math)

          1 reply 0 retweets 1 like
        3. Alec Wilson‏ @alecfwilson Feb 19
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          Replying to @alecfwilson @patio11

          I’m not sure I agree with this, and I pretty strongly believe that one of those companies should blow ESPN/network tv away for NFL/NBA rights, based on similar logic

          0 replies 0 retweets 1 like
        4. End of conversation

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