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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Venkatesh Rao‏ @vgr 19 Feb 2016
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    Subtle problem with any sort of pivot (sunk-cost write-off+direction change): you need starter energy, but only have finishing energy left

    1:37 PM - 19 Feb 2016
    • 2 Retweets
    • 20 Likes
    • MMT LVT liberal Justin Hunter 🌎 🎃🔫🎃 Dustin King 👽🗽⚛︎ Khe Hy Cameron Brown Ramya Joseph Thyag Sundaramoorthy andrew glenn Frank Scholten
    5 replies 2 retweets 20 likes
      1. New conversation
      2. You and 52 others‏ @bahstgwamt 19 Feb 2016
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        Replying to @vgr

        @vgr If you have to write off sunk costs, then it's not a "pivot", A "pivot" is when your existing assets are still assets for something new

        2 replies 0 retweets 1 like
      3. Venkatesh Rao‏ @vgr 19 Feb 2016
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        Replying to @bahstgwamt

        .@kragen There is always a min amount of write-off. 2nd law applies. A pivot is when you see a maneuver with unreasonably low writeoff

        1 reply 0 retweets 1 like
      4. Show replies
      1. Vincent Barr‏ @VincentBarr 19 Feb 2016
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        Replying to @vgr

        @vgr good point. In addition to beginning with less starter energy, you also have the cost required to build momentum in a new direction.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Diane Foley‏ @Tantele 19 Feb 2016
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        Replying to @vgr

        @vgr there are no sunk costs, only baggage

        1 reply 0 retweets 1 like
      3. Diane Foley‏ @Tantele 19 Feb 2016
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        Replying to @Tantele

        @vgr let it percolaye. Write about it someday. Sunk cost has to go the way of the rational choice model.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Peter Laudenslager‏ @peterl 19 Feb 2016
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        Replying to @vgr

        @vgr pivot usually results from new insight. Energy comes from "now I get it!" Abandoning some of your work or people does suck, though.

        0 replies 0 retweets 0 likes
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      1. Ramya Joseph‏ @ramyajoseph 19 Feb 2016
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        Replying to @vgr

        @vgr Depending on Angle and Size of Pivot. Lost energy proportional to Angle more than Size.

        0 replies 0 retweets 0 likes
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