Tag: Press

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Emotional Work Finance

Day 233 and 927 Hours of Therapy

I’m motivated by media. If I’m in a bad headspace I can take time to read a book or watch a tv and shake myself out of it with a few hours. I’m a voracious consumer of all forms of narrative, it’s how I synthesize.

You’d have to be a professional to keep track of more stories than I do just by sheer numbers alone. Maybe journalists, authors or publicists read more than me, but even then I’d bet real money I’m still top decile. I never lose a “Wait Wait Don’t Tell Me” news quiz.

I’m working though some emotions on risk, punishment, hurt, and fear this week. So I’ve been watching a favorite show on all those emotions: Billions. It’s a show about a hedge fund manager feuding with the US Attorney for the Southern District. It’s a terrific portrayal of finance culture and elite consumption. But it’s real strength is it’s portrayal of therapy. Emotional capacity is the key to coming out ahead in Billions.

While I don’t want to give any spoilers, the second season gives us a character named Taylor who is a prodigy. Not only are they intellectually brilliant but they understand who they are. I’m rewatching the show so I’m noticing details I didn’t process the first go around. Taylor says they have had 927 hours of therapy.

The impression I had on the show was that Taylor was in their twenties as they frame the introduction of the character around an internship and graduate school. I wish I had started on therapy in my twenties. Imagine having over three years of intensive emotional work before you’ve started your career. Honestly I’m envious. When I was in my early twenties I didn’t understand jack shit about my emotions.

Maybe by the time I get 927 hours of therapy I’ll recognize my own traumas and motivations as well as Taylor. I’m getting up there in hours and I am admittedly sinking a lot more into understanding what motivates me now than I ever did when younger. It’s not exactly linear progress. Feelings aren’t facts. That makes it a lot harder to lock down what will or won’t work for you. But I’d rather be finding out who I am now. Some people never do. But still I wish I’d had the good sense to invest 927 hours into therapy when I was Taylor’s age.

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Politics

Day 227 and Dog Days

I learned today that the dog days refer to the Sun being in the same portion of the sky as Sirius the Dog Star in the constellation Canis Major. The Romans believed that Sirius added to the heat of summer as the star and the sun rose and set at the same time.

The period between the end of July and mid August is associated “with heat, drought, sudden thunderstorms, lethargy, fever, mad dogs, and bad luck” which frankly tracks. I do feel like I’m going a little bit mad.

I’m planning on a media consumption fast You’d think we’d be inured to crisis, plague, and politics after the last year and a half but as it turns out it can still hit you.

I’ve been doom scrolling all day watching the fall of Kabul to the Taliban. The war has been waged my entire adult life. Watching it all collapse in a matter of days after 20 years makes me feel ashamed. Not that America is finally pulling out our military but that we’ve seemingly accomplished so little when so many lives have been lost and so much has been invested.

And we cannot even support our allies with visas and refugee resettlement. I’m sick to my stomach seeing that we have 18,000 unprocessed visas. The fuck is wrong with us that we cannot find a way to save our allies. There isn’t a damn thing I can do about any of it. That feeling of shame abs helplessness probably means it’s time to put away the internet.

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Finance Internet Culture Media Politics

Day 219 and Crypto’s Publicist

Most industries have interest groups. Publicists, lobbyists, and spokespeople weave together stories, talking points and preferred legislative agendas. Anyone or any group is free to discuss why their preferred business or issue is worthwhile and convince others of their view. We have a marketplace of ideas. Sure, not all interests are good but anyone is free to promote what they believe in. So why aren’t we doing anything for our cause in the crypto community? I say it’s time crypto had a publicist.

Not every country allows for this. The crypto community has an obligation to recognize that when we fight for our own interests it isn’t just we who benefit. The entire world benefits from open, decentralized and permission-less systems. What we do benefits everyone who wants to live in a freer world. It’s time crypto had our own activist DAO to protect and promote our values.

I am proposing the formation of an activist DAO promoting the use of crypto. Our goal is to advocate for positive popular culture narratives about crypto. We vote on our issues, stories and key initiatives through the DAO’s native governance tokens. The DAO will hire publicists and communication professionals to promote our stories in mainstream media along with commissioning content meme-ers and creators to share opinions. Policy is crucial but public perception is faster and pushes the right policy down the right.

As place holder I’ve purchased CryptoCommsCoalition.org. The Crypto Communication Coalition. I am working on a shared collaboration doc in Google Sheets to collect input, feedback, and priorities. Anyone who is interested can participate in our effort. Email me Julie @ crypto comms coalition dot org or DM me on Twitter.

We need DAO creation specialists, legal experts, memers, streamers, Reddidters, governance folks, publicists, lobbyists, fundraisers and a thousand other specialists I haven’t thought of yet. This won’t be easy but it’s an eating our own dog food moment for crypto. We can use our own tools to advocate in a participatory, transparent and open way for our own interests. If banking and big oil can can afford publicists then so can we. gmi.

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Aesthetics Internet Culture

Day 167 and the Naughties

I arrived in New York City in January of 2006. The aughts were an interesting time to be in New York. The recovery from 9/11 gave the city a sense of resilience but the Great Recession hadn’t reshaped the financial landscape of the country just yet.

I moved to Manhattan because I wanted to work in fashion. I didn’t have any relevant experience. I’d studied economics. But I was a blogger and that turned out to be enough to find a way in.

I met a man in the comments section of our respective fashion blogs as back then back links were an acceptable form of socializing. We both moved to the city the same week. He would become my cofounder on a fashion media startup and also my boyfriend. Yes it’s as dysfunctional as it sounds. Don’t worry we are still friends.

We’ve got a lot of fond memories of the Aughts. New media was just coming into its own. The possibility that it might change industries like fashion seemed exciting and democratic for style. No one had figured out how to grift by “influencing” yet. Which meant actual influence was still possible.

That first generation of bloggers was more influential in moving industries like culture than the commercial milieu we have now. Less lucrative certainly but the impact was significant. Good stuff actually emerged from living instead of someone imitating living.

My friend (the ex and cofounder) are considering writing a chronicle of our time. Partially it’s an exercise in nostalgia. It was a lot of fun. Maybe it’s a bit of an ego trip to think we could’ve even write some fiction that ties together the ethos and the aesthetics of that moment.

Back then we hadn’t cracked up the media industrial complex into algorithms and big automated ads dollars. A lot more got done in restaurants, bars and parties. The city itself hadn’t turned over into the complete plutocracy that dominates now. The kleptocrats needed the financial industry to implode and get bailed out for that kind of real estate takeover. Before the bailouts maybe the rest of us good maintain the delusion that we too could strike it rich. Now the distance is too great.

It was an era when Condé Nast mattered. Finance was a thing the cute guys with ambitions for money did, not yet a space that was entirely populated by Hedge Fund guys set on moving to Planet Billionaire.

And holy fuck the parties were great. Classes mingled more without the stratification that came out of the Great Recession. You could be someone even if you lived in a shitty barely heated no hot water squat loft on Bowery. It still cost $1600 but better than the 16K a month I saw it go for recently. You could get into club if you had some style. Instead of convincing people you mattered because you had a bunch of followers you had to convince someone you were cool.

I know this all sounds like bullshit old person nonsense mumbling about past good times. So if we do write about the Aughts it will take a lot better writing to make it compelling. I think it’s possible as I still retain a sense of place that I think is worth sharing. I’ve got ridiculous stories that could make for a fun read. So I’m putting the energy into the universe that I’ll capture those moments and share.

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Aesthetics Chronicle

Day 116 and Taking Up Space

I take up a lot of space. I spend time on social media because there is so much space you can literally be the President or a celebrity billionaire industrialist and there are still corners of the web you don’t penetrate. There is a lot of room for loudmouths, so much so that even someone like me still has plenty of room. I barely rate on the Elon Musk attention scale. Even when I’m screaming at best I crack into D-list zeitgeist. It’s like the privacy that comes with living in New York City. You can have some notoriety but the web doesn’t care. I like how you can feel alone.

The irony of course is that I think no one is paying attention to me. I think I’m an average Joe nobody that no one ever notices. This despite the fact that I am paid to be an expert in getting attention. No literally I cost a fortune (I’m worth every penny) but I’m somehow convinced I’m invisible personally. I can feel lost in a lonely world where I’m not even sure the people that love me the most can see me. I’m stuck in some lonely portion of my childhood where I felt abandoned so I’m replaying it out now as an adult. It’s not great but I get something from it.

Except this is a fantasy that is not true. I’m not that child anymore and I know how to get attention. I’m not alone. Even when I’m not consciously drawing energy to myself, people do see me. I can simply be myself and be seen. I command attention. It’s who I am.

You always think as a kid you will get some cool superpower like laser eyes or flying but nope you are going to get a super power like public relations or brand marketing. And honestly, when I’m not a self pitying victim I know those to be awesome super powers. You can make money and direct business and politics with those super powers. I just though I’d get something a little more aesthetic you know? It’s dope but also like adult superpowers are a letdown for your inner child.

I just need to remind adult me that I am seen. That even my normal personality not exerting her will force onto the universe is actually still quite visible. I can just exist and I’ll be holding space for myself. And it’s a good space with plenty of room for all of me. And still intimate enough to feel the love around me.

Categories
Internet Culture Media

Day 111 and The Attention Economy

I like media. When I first moved to New York I had big dreams of getting hired to work at Condé Nast. This was almost immediately crushed by the reality that I was of average financial wealth (I moved to the city with about $500 and lived in a women’s SRO), not from a noteworthy family and notoriously poor at respecting authority.

But I was lucky enough to arrive in the media capital of the world just as blogging was turning into a cultural phenomenon. So it turns out I didn’t need to work for some bitchy queens to get a toehold in the industry! I was also wise enough to realize there was absolutely no fucking money in media early on so I watched many of my peers climb the ladder in new media jobs without being a member of the media myself.

I found ways to make money on marketing, branding, e-commerce and new media businesses. It was a lot more lucrative. Consequently I now have a large number of media friends (disclosure time) without any of the cultural baggage of being in media. Unless you count the time I was the first person to livestream fashion week. Which I didn’t technically have credentials to do but it got covered in Women’s Wear Daily.

I’m really grateful I never got suckered into actually being in media as I’d probably be broke, miserable and exhausted. And then if I admitted I was exhausted I’d have a bunch of the older generation of media folks dunking on me for saying that. Which is how I got into a shitposting thread with Glenn Greenwald today. Who I think might actually be in on the joke about grifter click culture.

If you don’t work in media I think you’ve got an inflated sense of their power and independence. It’s actually hard to make any money so you are always living at the whim of executives and editors. Most of them got into the business to tell crucial stories (naive but like good) and are stuck living at the mercy of a business that isn’t that lucrative.

A lot of bad faith arguments get made equating institutional power to individual power, and while it’s true having the power of the New York Times behind you matters, it’s also true that any random blogger like me has more freedom to pursue ideas than a staffer at a newspaper. So I think it’s sort of a reflection of insecurities anytime anyone gets worked up about media power. Especially if you know better as some of the older media folks like Greenwald do. These beat reporter exist in hierarchies with bills. They don’t have the freedom to shitpost like me or Glenn Greenwald. We are wealthy and independent. Beat writers are fighting constant turf wars just to stay employed.

It can also be true that beat reporters have to fight a constant battle for attention and clicks in order to stay employed. This means we get culture warriors and posturing. But both sides of each debate are engaged in a kind of elaborate attention grift. So when Taylor Lorenz or Glenn Greenwald or Matt Taibbi sucker you in with a position on who is most virtuous the answer is whoever pays them. And guess who is paying? You and me. Our attention is getting monetized into all kinds of nifty revenue streams. I know this because that’s how I make my money. So next time you get worked up about the evils of media asking yourself why you are paying attention and who is benefiting.

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Chronicle Internet Culture Media Startups

Day 84 and The Thursday Styles Problem

The Thursdays Styles problem is about zeitgeist, wealth, perception and power. The New York Times publishes its “styles” section on Thursdays and Sundays. Generally speaking if you work in media, public relations or culture, you are aware of the general trends that will emerge on Thursday ahead of time. For the sake of argument let’s say I know directionally on Tuesday in private what will be featured on Thursday in public.

If you know “what everyone knows everyone else knows” ahead of time, there is a lot of money to be made as Tuesday person. For more on the second derivative issues in zeitgeist I highly recommend Epsilon Theory. If you can sense the zeitgeist ahead of time & move to take advantage of it you can be a Tuesday person.

Alas it’s not as lucrative as you may imagine to be a Tuesday person. A Thursday person who lives exactly on the zeitgeist can take advantage of “in the moment” culture moves. Good entrepreneurs do this well. Most consumer companies hit “right on time.”

This is why venture capitalists will ask “why now” as they may have invested in a Tuesday Person who hit the zeitgeist too early and couldn’t capitalize on it. It really pisses off the founder who knows “but I was first.”

As a Tuesday person, I hate when this happens. I loathe seeing people I perceive as less capable or intelligent than me hit a zeitgeist moment exactly on Thursday. The trouble is they are right. They won. They got the timing right. I didn’t.

And yes being a Thursday mover is good. But it’s crucial to understand who can win this game. The only way to win the Thursday Styles problem is to be in finance, media or culture work that can place a call option on the Thursday future on Tuesday. You have to be able to hold an opinion on the future zeitgeist long enough for Thursday to get published.

If you cannot hold your zeitgeist long enough for Tuesday to become Thursday when “everyone knows everyone knows” being right early serves no benefit. You need diamond hands. And yes, you will be wrong 9 times out of 10.

So you need to ask yourself if the New York Times cuts a piece and it takes another week to run can you hold out? If the markets don’t make a Tuesday idea hit, can you wait till it becomes common knowledge on that metaphorical Thursday? It’s a question for all long holds to ask themselves.

It requires patience to be a Tuesday person. And it takes resources. Knowing you will look wrong for a bit. Knowing that you will lose money when Tuesday knowledge takes longer to become Thursday Style’s common knowledge. If you can hold it’s the ultimate form of future leverage. That’s alpha.

And better yet, it’s “possible” to influence. Publicists make their clients on Tuesday shine on Thursday. And capture the upside. Folks who are extremely online spot how market makers make zeitgeist hit. Cathie Wood at ARK Innovations has been playing the media in exactly this way. The largest experiment in making Tuesday thinkers hit before Thursday is Margit Wennmachers at a16z.

Centralizing zeitgeist and monetizing it with future calls with narratives they tell on platforms they own stakes in has massive potential. The smart money is turning their Tuesday zeitgeist into Thursday Styles and taking it to the bank.

Categories
Chronicle Media Politics

Day 83 and Tribalism

For what are probably obvious reasons (a mass shooting inside a grocery store a few miles from my home) I’ve been trying to keep off of political media the past day or so.

I’ve mostly succeeded but it’s a challenge when my primary relaxation space, Twitter, is saturated with commentary on a topic I don’t want to discuss with anyone that isn’t also living through the trauma personally. It’s not even that I don’t want to hear from folks it’s more that even if you have had a similar tragedy in your community your reaction may not be the same as ours. Every trauma is unique even when cultural circumstances may not be.

I bring this up only because I realized today when a new app claiming to analyze your news bubble filter went viral I didn’t know what folks “thought that I thought” about politics. The app said I was 100% leftist in my filter. My immediate reaction was “bullshit” in that I probably tweet once a day “as a libertarian” and regularly discuss my views on small government. So I asked folks what direction they thought I leaned. There is not a lot of consensus so far.

I follow and am followed by a very diverse group of people. I probably follow everything from alt-right fanatics to avowed socialists. I socialize with bro-science masculine fitness folks and queer chronic disease and disability advocates. So I’m not surprised I am hard to place. If you are a trad life carnivore on a homestead your opinion on my politics is probably pretty different than if you are a healthcare for all anti-ableism urbanite. I work with Silicon Valley folks and venture capitalists and the New York media establishment. Finance and the press corp are not generally politically aligned so unsurprisingly those two groups may also think I’m in a very different place on the spectrum. To someone at war with the media I may look left wing. To someone in the media I may look right wing. And yes this comes out in the wash as centrist.

The reality is that I have fairly nuanced views and your take on my leanings may say more about how much you like me and thus how much you want me to agree with you. This is for a nice reason. We tend to like the people we agree with more.

So it’s possible if you want me to like you then you may assign me views that are more aligned with yours than I am in reality. Don’t fret though we can strongly disagree and I will still like you. If we have fun together on social media I don’t need you to agree with me on social or political issues. I spend time on social precisely because I do like all kinds of people and I want to enjoy that incredible diversity of humanity. And we are all here because in the end the only thing that keeps the loneliness at bay is each other.

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Chronicle Internet Culture Media

Day 78 and Media Panics.

Skepticism of media and its value isn’t exactly new. The powers that be have disliked letting the masses have a say since we got uppity enough to print and interpret religious texts on our own. The Catholic Church really hated Martin Luther. Yeah, fuck you clergy! Reformation forevah!

The history of moral panics about the negative influence of media is long and we are consistently skeptical of any new medium. From Gutenberg’s printing press, to social media. Even America’s founding fathers were all media skeptics despite being avid users of the eras hottest new medium the pamphlet.

But the skepticism comes at a cost. It’s after we’ve lost our history that we bemoan that more effort didn’t go into saving the Library of Alexandria from Julius Caesar’s troops or celebrating the good fortune that western civilization’s canon was maybe preserved thanks to Irish priests saving books after the Germanic hordes sacked Rome. It cost a fortune to find everything we lost from Roman and Greek antiquity during the Renaissance.

It just seems to me that if we are going to have a panic about the loathsome interests of media to preserve power and harm progress, we should maybe look at the history of who was usually interested in resisting literacy, libraries, and the free flow of information. Popes and Caesars that’s who.

I get it, neo-reactionaries want to burn down the cathedral of soft cultural power, but are sure you aren’t actually Julius Caesar shoring up your literal power? Jeff Bezos bought the Washington Post. A16z is the nexus of Silicon Valley power after just a decade investing and they are going hard against institutional media by becoming a new media power. Sure, they are historically new powers and think of themselves as scrappy upstarts, but consider for a moment that maybe they are the barbarian hordes about to be in power in our New Rome. The Germanic hordes also won, by the way.

It generally looks like the winners of these media panics are the ones who actually hold the power, even if they perceive themselves as being upstarts. Caesar, the Barbarians, and our founding fathers won and became the entrenched interests. Something about becoming what we once fought against eh?

It turns out archives are important. And it’s expensive to rebuild them during enlightenment eras. So maybe don’t be a fucking derp lord and rather be clear eyed of the motivations you have for “hating media” and desiring to lay seiege to the cathedral. At least Curtis Yarvin is actually honest about wanting non- egalitarian systems, unlike the majority of media skeptics.

I am open to critics who think the media is one-sided and self serving to their interests and political alignments. I also agree that the progress demands excellence from everyone. But how we determine excellence is very much up for debate. Media has generally been the forum through which we reach cultural consensus. And yes, it’s an ugly process and those with distribution usually win: Guttenberg died penniless, the poor entrepreneur didn’t have enough readers, and search engines without users died when browsers picked winners. A fact which I’m sure the team at a16z is aware of given how the browser Netscape made Yahoo a winner in the search wars for a time through distribution.

I don’t actually give a ton of fucks about the motivations of venture capitalists, Dark Enlightenment proponents, or skeptical rural conservatives. I think they all have a point and I’m old enough to remember when the left and labor was the dominant skeptics of media power. Back to Guttenberg, I kinda dig the narrative that he was just a hustler doing speculation, which just proves motivations and actual impact are not as morally crisp as history suggests so judging who the actual “good guys” are may be impossible in the present moment.

So what’s the path forward?

I’m generally on the side of skepticism and decentralization because distribution and archival is crucial to innovation and progress. Decentralization is hardier and less prone to sackings. I am utopian about the value of informational access in the history of achievement. That means more people having more access to information and being allowed to research, weigh in and distribute without fear so we can achieve breakthroughs in technology. That means more media not less. And yes that means significant tensions about truth and facts.

If I’m picking sides I think Balaji Srinivasan is directionally correct about the role of ledgers and citations in the media’s decentralized future. He and I don’t always agree on which players are doing good work and who are most dangerous, but we share a common goal of access to excellence.

Finally, we need to be clear eyed about our motivations and the history of how this has panned out in past media panics. There is a good chance we aren’t Martin Luther or Guttenberg. We want to be Julius Caesar. Or at very least the Germanic hordes. Which is ok. Power is good. Organizing around power can further valuable interests and anyone who has worked at a startup is familiar with the joys of banding together behind one visionary to achieve it. We should admit it. And get on with the future of information and human progress.

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Chronicle Internet Culture

Day 65 and Shitposting

Being emotionally vulnerable in public is one of best things I’ve ever done in my life. The second best is easily shitposting.

If you are not extremely online (how did you get here) shitposting is the deliberate act of soliciting a response online. It’s traditionally used as a lower effort way to shape engagement and discourse. Partially because social media has made sharing opinions so easy, the act of crafting a nuanced argument and presenting it to an interested audience has become equally weighted to attracting supporters and advocates.

This isn’t as terrible as it sounds. Audiences can be built by anyone now. Shitposting allows creators who have a firm grasp on concise and comprehensible language to get across their point to anyone. Rather than suffering through pontification by elevated voices protected by institutional gatekeepers, we can hear bursts of truthful hilarity from nobodies. Think of it as somewhere between “the emperor has no clothes” and “from the mouth of babes.”

Having a firm grasp of the shitpost has elevated my voice in a way I’m not sure any amount of power or prestige could have done. Sure on the internet no one knows you are a dog but also don’t know you are a woman either (avatars aside). Quick bursts of wit can penetrate in a way that centuries of systemic bias simply can’t do.

The shitpost is always provocative but generally the best ones are in service to an obvious truth. This is culturally a part of meme sharing. Memes gain traction because they are immediately comprehensible despite containing layers and layers of deep context. In this way they resemble our richest multimedia experiences. It isn’t quite “a picture is worth a thousand words” because shitposta can often be Tweets but there is something to the truth that descriptors and adjectives just can’t reach. Meme and shitposts are often quite funny as humor is the fastest way to be legible to a large audience. But it isn’t necessarily a prerequisite.

Shitposting is also inherently anti-authority. It makes no calls to justice or power. It implodes sacred cows. I suspect one of the reasons I don’t believe in cancel-culture as a massive threat is because any anonymous asshole can put out the fever of a mob.

I highly recommend doing more Shitposting. Start in your private chats if you aren’t brave enough to do it on named profiles. Or create an anonymous account. Just start getting your truest stupidest thoughts out there. You won’t regret it.