Tag: Capitalism

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Preparedness

Day 498 and Safety

The reality is sinking in that my husband and I are actually moving to Montana. And it’s unleashing all kinds of powerful emotions and realizations.

Alex told me he’s much more willing to honestly look at unpleasant political realities in America. He’d been ignoring the news for fear it would distract him. But even if Trump wins another term, the populist wing of the GOP sweeps and Roe is overturned, at least we are safely in the demilitarized zone of the inter-mountain west. Want to fuck with us? You are armed. We are armed. Let’s keep it polite. Our libertarian preferences might still have a chance out here and if not it’s awfully hard to subdue gun toting mountain people.

That libertarian zone means business gets done. The important work of capitalism doesn’t stop because of conflict or silly culture wars. The companies that will do the best will be the ones that can get away with ignoring culture wars and focus on making stuff people need to keep their lives afloat.

We also feel safer about our personal resilience. We will be less reliant on failing electrical grids with backup power from both solar and fuel generators. Considering the warnings being issued for this summer’s black outs and I suspect we will be glad to be less dependent on the grid. I’ll be glad to be somewhere cool where my air conditioner won’t be going out. And in the winter I’ll have a wood burning stove. I’m excited for having a stream on the property along with a pond and a well that does 25 gallons a minute. I look forward to making it a home that has backups for any emergency.

I’m also a big believer in traditional skills. Having a close relationship to the land benefits our bodies and souls. Putting time into the natural rhythms of the planet keeps us healthier. I want my circadian cycle to be nurtured. And if I am ever so lucky to grow some of my own food not only is that good preparedness but it’s certainly next level wellness shit. I want that kind of power for me.

The kind of safety and sense of security we are accessing with a homestead will help us access our deep talents. There are no excuses anymore to ignore the instabilities in our dusky lives. The crumbles have arrived. And I’m so deeply relieved we are finally taking the right steps to live with them.

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Emotional Work

Day 487 and Grocery Stores

I love settling into a new home by going grocery shopping. I’ve had the opportunity to be in a new city for an extended period twice now this year. And each time the joy I’ve taken in going to pick up groceries is palpable. Going shopping for food is my happy place.

I’m in Bozeman with dear friends and one of them noticed just how excited I was for the grocery run. We had a mostly empty fridge and I made a beeline to the nicest grocery store in town. It was a hybrid fancy yuppie grocery wrapped inside a big box grocery store. It’s a chain local to the pacific and mountain west called Rosaurs. I highly recommend it.

A grocery store is a powerful space. I’ve written before about my love for the American grocery store. I think it’s unique in its position as a functional and emotional retail space. It needs enough structure and repeatable patterns that anyone can shop a store and have an intuitive sense of where the basics are merchandised. But grocery relies on novelty and newness as much as any other retail store for driving order size and additional Martin.

The presentation of new brands and new products is fraught. The need to display something new competes against the need for repeatability and ease of locating core items in grocery. Grocery can be seen as human nature reflecting core tensions as it balances desire and safety. We yearn to feel nurtured by food but also crave to be stimulated by new tastes.

I spent an hour and a half wandering the aisles filling out my grocery list. I had done meal planning and had specific needs for the weeks meals. But I am also an inveterate shopper looking to feel excited by what was on the shelves.

To this day that I can look at any item in the store and buy it remains a surprise to me. It’s a luxury that never fails to delight me. If I want to get something I can. There is no budget or restriction on me like I remember as a small child. And yet I still couldn’t bring myself to buy a full size Turmeric spice jar. Reflecting back childhood emotions I didn’t even realize I had. A small reminder of how much seemingly mundane acts like grocery shopping can reflect much bigger things.

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Politics

Day 486 and Open Road

I’d love to thank Eisenhower for having the foresight to build the interstate highway system. It’s one of the most crucial pieces of infrastructure that America has ever built. And it’s also absolutely gorgeous. Truly shameful we’ve not embarked on anything so ambitious since the Highway Act of 1956. Did you know it cost $114 billion dollars to make the interstate system? That’s $535 billion in 2020 dollars and who knows how much more know in 2022 with current inflation. But sure Biden can have 2 trillion for infrastructure as long as it keeps the interstate open.

I spent most of my day on the interstate. I traveled north on I-25 and then headed west on I-90. I’ve done several cross country road trips in my life including, California to Colorado, Colorado to Illinois, Colorado to Texas, and of course New York to Colorado. I’ve done I-70 as well as 80. It’s my hope to do many more trips in all possible directions.

The romance of the road is so foundational to American culture that I’d recommend everyone enjoy an interstate highway trip to a national park. There’s simply no joy quite like speeding along a wide open road with vistas as far as the eye can see.

The only sour note of the trip is the high cost of gas. The lowest I saw was $3.90 and the highest was $4.19. Diesel was substantially more expensive at $5.59 a gallon. I didn’t see a lot of trucks on my trip but my route isn’t particularly crucial as far as supply chains go. I mostly saw Amazon and Fed Ex trucks. Most goods are coming into Seattle so this stretch of land appeared to be given over e-commerce deliveries. I’ve been worrying over rising gas and it’s impact on well everything. Empty interstates seem an ominous sign

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Internet Culture Startups

Day 479 and High Agency

A corner of startup Twitter was discussing the relative ease of getting connected to power brokers in different industries today. The debate? Does good talent eventually finds its way to resources? The contention from Roon, otherwise known as Mr. Wordcel vs Shape Rotator, is that networking is less crucial in technology than in any other industry because it’s easier to find a way in.

While one can quibble with how true this is for all populations, it is truer than it’s ever been. A large swath of the startup ecosystem is readily available to anyone on social media. We are less constrained by geography and credentialism than we’ve ever been. This is partially because much of the wealth in the current generation came from building social networks or software that benefits from openness. An excellent overview of this is why good angel investing ecosystems prioritize welcoming newcomers by Alex Danco. Most investors want to be available.

But it’s still a challenge to find high agency and high talent people and there are far fewer of them than you’d imagine. And proving you are high agency and high talent isn’t always an intuitive process. Being able to assess if someone has the capacity to build is one of the hardest job a capital allocator will ever have. Judging markets and products and roadmaps is much easier than discerning if someone has the capacity to execute on their dream.

I personally use follow up as my first heuristic. This is partially because I maintain open DMs so literally anyone can and does reach out to me. If someone is able to regularly show up and engage with me and show progress they are better than 90% of people. Honestly go ahead and try! I really am here to help.

You’d be shocked at how often someone pitches me and then I never ever hear from them again. And it’s not because I missed the boat (this happened once to me this year). It’s generally because people are waiting for someone else to act. And this is where people fail. The first rule of startups is figuring out how to create momentum. If you are waiting for me to cut a check you’ve already lost.

I’d like to do a whole post on this topic but I’ve been struggling to get the bulk of it on paper as I’ve got a migraine coming on. But rather than put the post off, I organized an introduction of the subject and put down my first heuristic. Which is ironically exactly what I look for in founders and builders. Did you make some visible amount of progress no matter how bad? Did you put it out into the world? That’s better than most people!

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Medical Politics

Day 475 and 4/20

Last year on April 20th aka 4/20 aka the day America celebrates weed culture, I wrote an post on using medical marijuana for my ankylosing spondylitis. It’s a thorough look at how I incorporated THC & CBD into a pain control regimen for an inflammatory autoimmune disease. I’ll recap some of it here as my views haven’t changed at all in the intervening year.

As a libertarian I’m pro-legalization but I likely wouldn’t have chosen to use THC recreationally except that it happens to be a drug that has demonstrated benefits for my condition and is comparatively less dangerous than other pharmaceuticals I am also proscribed (namely opioids and high dose NSAIDS). For some context, despite being a native Coloradan I had never smoked weed till this year. As a kid it just didn’t seem appealing (that’s what hippie boomers do), and to be candid as I got older I didn’t love the idea of tying a health need to something that wasn’t legal everywhere.

I spent months testing everything from bud and regular joints to elaborate butter and shatter concoctions in an expensive Pax vape. None of it achieved the desired effect which was pain mitigation and minimal head highs. It was expensive and demoralizing. It was hard to manage dosing and consistency and I was unsure if it would remain a part of my medical regimen. I wasn’t sure weed was ready for prime time but I did feel it was important to document it all both for my own biohacking purposes but in case it could help others.

After all of that experimenting, I settled into regularly using patches. It’s one of the least celebrated formats and, because that’s how it works, the last format I tried before settled into a routine. I use a brand called Mary’s Medicinals that makes an excellent 50-50 THC to CBD blend. It is completely reliable on dosing and effect. It has little to no head high. And it lasts for eight to nine hours. Basically as close as I can get to a pharmaceutical. Turns out I wasn’t kidding when I said I really was in it for the pain relief.

I genuinely hope that THC continues to cement its place in American culture and medicine. It’s a cheap easy and effective drug that replaces a lot of expensive and potentially dangerous pharmaceuticals. Of course we’d have powerful interests working to ban that. It’s a a national shame and I’m glad Americans have fought back. I’d rather weed replace alcohol and tobacco. Why get drunk and wake up feeling shitty when you can get calmly high and feel better in the morning. But it’s a long path and sadly it’s still viewed negatively by some. I hope to do my part on 4/20 to encourage folks to see it’s benefits.

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Preparedness Startups

Day 474 and Unsettled

I don’t own a home. It was never a financial reality before the pandemic. But then the world accelerated and suddenly we had options and money. But still it seemed impossible to commit to another asset with a long time horizon even recently. We were startup people so every other asset was a long hold.

I don’t feel that way anymore. I have written about how I would like to buy a home now. I feel like it’s time to find a place where we can build some stability. But of course the chaotic thesis haunts me.

The chaotic thesis is the one that undergirds all of my investing. The world is getting more complex. That breeds chaos. The biggest macro-level mega trend of the next decade will be adapting to the chaos.

And as it turns out adapting to chaos is really hard. Everything that allows you to cope with the chaos in high demand. A safe place to call your own? Sorry, it’s never been harder to become a homeowner.

I wish I could say that knowing this is our reality makes it easier to adapt. Knowing isn’t the battle as it turns out. Acting on the knowledge is the hard part. Making good decisions under pressure is what will separate out who thrives and who merely survives.

I don’t think it’s going to be pretty and I’m genuinely worried it’s either hit the singularity or a new dark age. There is a reason we think we need the metaverse and it’s not because reality is getting better. It’s because it’s getting worse. I allowed all the web3 kids working out there working on Plan B.

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Startups

Day 470 and Social Skills

Startups are just as much about social hacking as they are hacking something technical. We worship the archetypal “coding nerd” who is brilliant but awkward, but in reality building shit requires an awful lot of social finesse.

I meet with a pretty wide range of founders. A lot of them are clever but relatively normal people. But many founders are fucking beyond weird. I see a lot of neurodivergence. But it’s not all towards the awkwardly autistic. Plenty of founders, especially in web3, are almost supernaturally charismatic. No literally it’s magic.

And that magic is good for making something new. The ability to empathize and listen is hugely prized in leadership. Being present and able to socialize in any social context is key to bring diverse groups together. We are much more willing to throw in our resources behind a founder who can rally us together. And this is just objectively good for the startup. Of course investors want to back that kind of person.

I think some people are offended by this reality. We see endless pop culture depictions of narcissistic sociopaths raising shit tons of money and then destroying their companies. I’m honestly a little sick of it. It’s no secret that Silicon Valley, but capitalism on the whole, occasionally rewards charlatans. I don’t think it’s particularly indicative of anything but human nature. Like Fox Mulder I too want to believe.

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Internet Culture

Day 469 and the Discourse

On the one hand, the discourse today is horrible. Elon Musk threatening to buy Twitter is breaking people’s fucking minds. On the other hand, it’s the height of culture to be so singularly obsessed with a topic of such little consequence. The zeitgeist is full on psychotic.

This isn’t about free speech. Fuck that. No one gives that much of a shit about corporate governance that they’d super impose a civilizational problem like free speech onto securities law. This isn’t an episode of Billions. In except that both make me want to scream “that’s not how this works, not how any of it works” into the void.

This is all an elaborate publicity stunt to feed the narcissism driven logic of markets obsessed with celebrity and personality. Because everyone knows what everyone knows, pricing discovery is a function of lurching forward a narrative for the vox popli. Except everyone is convinced they are uniquely brilliant so they can’t possibly also be manipulated by the transparent agitprop. Yeah yeah sure I’m a galaxy brain too. We’re all playing 4D chess. Everyone is winning and the markets only go up.

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Startups

Day 468 and Small Moves

One of my favorite movies as a kid was Carl Sagan’s Contact. It’s not a great movie but it’s heart is in the right place. It’s a beautiful story about human curiosity and the long timeline of history. In one of the closing sequences the protagonist is told by alien intelligence as embodied by a representation of her dead father that all next steps are “small moves Ellie.”

I never feel like I’m moving fast enough. Every day presses against me. I long to slog through them with speed and alacrity. It’s almost embarrassing how inadequate I find my progress. But then I remember that I move fast. I live ahead of the mainstream. I get to sit in the future that William Gibson said was not evenly distributed. Even if I don’t think I’m particularly good it’s hard to deny just how much of my life is lived in a tiny sliver of humanity.

Someone recently asked me how I moved so fast when I’m dealing with a chronic illness. I found it to be such a shocking question. I feel like I’m glacial compared to the reach of my desires and imagination. But then I’m reminded that even in shorter hours I’m forced to hone my crafts. I can’t afford to waste energy or focus so I simply do not. I imagine this focusing out of need is similar to what parents of young children operate in. The subtle art of not giving a fuck.

And so what if I am slow on a day to day basis. Rome wasn’t built in a day. I’m not a market trader. I invest in ten year cycles. Everything in venture is actually small moves. But as time adds up so do the aggregate of the moves. Compounding interest is up there with gravity as a force. So even when I yearn for more and for it to arrive faster I have to trust the numbers.

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Internet Culture Preparedness Travel

Day 464 and Miami

Miami is a real American city. You know those criticisms lobbed by conservatives against New York, San Francisco and Los Angeles? It’s not a real American city. It’s bullshit in plenty of ways as our urban populations define America as much as rural, but it’s also true. Places like Miami maintain an essence, a kind of “here-ness” that reveals a thriving ecosystem of all classes, backgrounds and beliefs living in the same place.

It’s a thriving cosmopolitan city with an extremely wealth ruling class. It has welcomed it’s new leadership in the form of startup expats from “fake cities” moving in. The irony is that those are fake places and no one lives there. It’s transient wealth moving in and out for opportunities. Which is exactly what they are doing to Miami. The churn comes for us all. Before it was tech it was drug money and mortgages. It’s a free enterprise kind of place.

But it’s a relief to see mix of people. To see the shitty neighborhoods and the anxiety about crime, reminds you we have to do better for each other. To see the luxury houses and the amenity industry pop up to service everyone rich from yuppie to billionaire. It’s a vibrancy of hustle that isn’t everywhere. It’s a positive thing. For me it smells like America. A belief in the future where things could be better. A sense that capitalism is working.

As I write this my Uber driver is complaining about the local cops. How unfair their targeting is of everyone going too fast. A real class solidarity moment against the fuzz. Lambo owners and ride share drivers. I feel like that doesn’t happen in striated societies where the top use the police to torture their plebeian neighbors.

I didn’t really enjoy my time here. It’s way too hot. It’s facing intense pressures from climate change so I’d like to come more often before it’s too late. It it’s already too late maybe.

There really are issues related to inequality and the challenges it manifests via societal issues. It’s got crime and infrastructure issues and intense political culture war currents.

If I’m honest I’d rather be in a colder less populated state where some of the existential risks of the future are better mitigated. But I admire the optimism of people who do. They are the optimistic people we need for a better future.