All contrarianism eventually gets commodified and turned into orthodoxy. If school dropouts and entrepreneurs became the status quo of Silicon Valley, what will the next wave of contrarianism here look like?
Dropout-entrepreneurship worked because it reflected a costly lie. The commodification thing is people trying to use pattern-matching to get where those before them got on first-principles thinking. The next "contrarianism" will depend on whatever new costly lies emerge from that
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My money (pun intended) is on rejection of unicorn seeking venture capitalists in favor of bootstrap/slow growth/crowdfunding. VC money makes everyone think in terms of gangbusters ROI, there’s 10,000 viable bootstrap zebras for every VC unicorn.
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Yes! I do think (/hope) there's a coming boom in people who *could* make $200-300k/year as a well-placed cog making a somewhat-riskier ~$200-1000k on bootstrapped ventures that reach niche markets with products that don't necessarily scale outside that purview.
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New conversation -
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I really like this framing. I think the next costly lie is that you have to code or have a technical cofounder to start a company - with all these no-code tools, individuals will be able to gain traction for products w/o almost any code
Thanks. Twitter will use this to make your timeline better. UndoUndo
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