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

Tweets

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 28 Oct 2017
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    Network capital is vastly overrated/overvalued relative to financial and knowledge capital. People waste too much effort acquiring it

    8:59 AM - 28 Oct 2017
    • 10 Retweets
    • 57 Likes
    • Andrew Benson Alex White 🏴 ArrieroTosco🏳️‍🌈💰⚡ Tyler Lindsay фффффффффф Chetan Chawla divraj preach Michel Teivel
    10 replies 10 retweets 57 likes
      1. New conversation
      2. Venkatesh Rao‏ @vgr 28 Oct 2017
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        To elaborate, "network capital" is really zero-sum attention mercantilism at best, negative-sum lemon-market for scenesters at worst

        3 replies 5 retweets 12 likes
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      3. Venkatesh Rao‏ @vgr 28 Oct 2017
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        To turn networking into a schumpeterian economy, attention has to be a positive sum game. Free up more attention than you consume.

        3 replies 3 retweets 11 likes
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      4. Venkatesh Rao‏ @vgr 28 Oct 2017
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        Among the subset of people who are doing that, attention economy runs a steady surplus...so long as you keep the attention mercantilists out

        0 replies 1 retweet 3 likes
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      5. End of conversation
      1.  🎹‏ @tunawish 28 Oct 2017
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        Replying to @vgr

        I'm listening 👂🧠

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      1. Ryan Herr  🪕‏ @rrherr 28 Oct 2017
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        Replying to @vgr

        With enough financial / knowledge capital, the network capital follows, right?

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      1. Now Here Not There‏ @nowherenorthere 28 Oct 2017
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        Replying to @vgr @AlexWhite1812

        Sadly not true...

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      1. New conversation
      2. Rob MacLachlan‏ @robamacl 28 Oct 2017
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        Replying to @coyotespike @vgr

        I think humans have a bias that social connection more valuable than actually is in modern world, b/c social was main wealth in deep past.

        1 reply 0 retweets 1 like
      3. Alex Schleber  👽 😷‏ @AlexSchleber 29 Oct 2017
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        Replying to @robamacl @coyotespike @vgr

        good pt; however where capitalist rubber meets proverbial road, AKA getting people to buy ur stuff (incl B2B), human factors still dominate?

        3 replies 0 retweets 0 likes
      4. Show replies
      1. Where the Tweets have no name‏ @andrewthesmart 28 Oct 2017
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        Replying to @vgr

        The only thing that makes life meaningful is our real social network when capital erodes these meaning disappears we get epidemic depression

        0 replies 0 retweets 0 likes
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      1. Cosmic 2020‏ @Cosmic1008 28 Oct 2017
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        Replying to @vgr

        I see it as an extraordinarily powerful force multiplier. It's an edge, but not much good without something behind it

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