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💯 Individuals and friends groups are way underinvested in themselves. If they were a company we’d be horrified in the lack of long term investment. And leads to higher returns on trust can’t think of a time and I have hung out where we didn’t end up discussing this
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I have long thought (and this is stealing a frequent dinner conversation topic from @kevinakwok ) that friend groups should have their own version of this, because relatively tiny amounts of capital and social support can cause step-increase changes in life trajectory.
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In companies we increasingly have backweighted LTV on any dimension. But buxton index in any kind of capital or process investment on individuals or friend groups is orders of magnitude shorter. Lots of reason for this. But irrational. And we see wider spread in it inter-group
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It’s a level at which you get indefinite perpetuation of status quo. Go above and you have a level-up-or-die test 90% *don’t* want. Frustrates the minority looking for more.
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