Tag: Silicon Valley

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Community Startups

Day 967 and Good Moods

Everyone in my social circle was in a terrific mood yesterday. A small company that was widely supported by angels in my ecosystem was acquired by a larger startup that we all like. Happy investors that we were, Alex and I read the cap table over dinner and celebrated each co-investor that we liked.

It was a jubilant moment across my group chats in a darker wider climate for startups. The federal reserve’s inflation fight has meant tighter dollars. And that means less funding for early stage companies at lower valuations.

The focus has been good for the industry. A reminder that we can’t spend our way to innovation. We’ve relied on bigger companies, weaker talent, and unsustainable growth policies while the cash spigot was on.

I enjoyed the win. I’m happy for the founder and the team who will be going to such a great company. I’m happy a lot of investors got a win. But I know that the good mood will have to sustain us through some rough patches. So it’s good we are all banding together and the wins are shared.

Categories
Culture Politics Preparedness

Day 943 and Glimmers

I find myself filled with optimism today, even as I’m quite sure we are ramping quickly into the era of chaos I’ve been prattling on about for nearly a thousand days. Everything feels a bit “hold on to your hats” as we collectively experience the fear and joy of an illegible moment without any dominant narratives.

And yet today inside this chaos without clarity, the internet is filled with enthusiasm as a small niche of enthusiasts try to replicate the results of a chemistry paper that claims to have made a superconducting at room temperature material LK-99 produced with common materials like lead and red phosphorus.

Add that on top of fervor over Congressional investigations “aliens” program whistleblowers while we all collectively wonder at the potential for artificial general intelligence to be accelerated and the zeitgeist is a fever pitch of vibe shifts from doom to foom.

All of these glimmers of joyful uncertainty and hopeful chaos are emerging from a youth culture that is quite sure it has been abandoned by its own past as it is bombarded by a dystopian future by its own geriatric elite. Is it any wonder it feels like the social contract is hanging on by a thread?

Historian Peter Turchin is taking a victory lap with the accuracy of his theory of cliodynamics

When the equilibrium between ruling elites and the majority tips too far in favor of elites, political instability is all but inevitable. As income inequality surges and prosperity flows disproportionately into the hands of the elites, the common people suffer, and society-wide efforts to become an elite grow ever more frenzied. He calls this process the wealth pump; it’s a world of the damned and the saved.

Peter Turchin “End Times: Elites, Counter-Elites, and the Path of Political Disintegration

The broader popular rediscovery of historians Neil Howe and William Strauss is no coincidence. They wrote the The Forth Turning twenty five years ago.

Looking back at the last 500 years, they’d uncovered a distinct pattern: modern history moves in cycles, each one lasting roughly eighty to one hundred years, the length of a long human life, with each cycle composed of four eras—or “turnings”—that always arrive in the same order and each last about twenty years. The last of these eras—the fourth turning—was always the most perilous.

The Fourth Turning Is Here

Clever Simon and Schuster realized it was an opportune moment to point out that the fourth turning had arrived with a new book from Howe.

So perhaps these glimmers are here to show us that the churn is here, the fourth turning is now, and Turchin’s race to become an elite to outrun the effects of dislocation may already have its winners.

Amidst all of that there are those of us seeking to believe that we might find a way forward. I’d rather be looking for the glimmers of hope. I’ve already done what I can to warn about the need to prepare for hard times. If you haven’t yet come to terms with the doom then I certainly won’t convince you of the need for optimism either.

Categories
Culture Media Politics

Day 932 and Schisms

Most of my social circle is caught up in various internecine dramas. This is really saying something as I have a lot of people in a lot of different demographics across every continent except Antarctica. Which is a pity as I’d love a friend down there.

I am convinced that everyone is losing their fucking minds because we are in the middle of what I believe will end up being recognized as an information war. Maybe one day we persecute memetic crimes against humanity at The Hague.

I realize this sounds modestly hysterical but really you probably don’t appreciate how much your opinions are being courted to different interests groups. It’s not even particularly menacing. We want others to see our humanity and we leverage every tool we have from Twitter to the New York Times.

And it’s important that we fight these wars. You are probably right about a lot of things and I am wrong about them. It’s important that you and I provide participation and consensus to the rest of society so we can come to some form of agreement. If you think something should change own up to it.

I genuinely think it’s a mistake for anyone to pull away from these obligations to society and by extension political and social opinion. I have watched Silicon Valley pull back from participation in its own self advocacy in the wake of the American media coming down so hard on it. I think this is a mistake.

I believe that the technology industry and startups in particular owe it to ourselves and to the rest of the world to remain engaged. I promise it’s not that hard to speak to the media or the general public. If you are a founder or someone participating in this community and need help just send me a DM on Twitter. Consider me a diplomat to the fourth estate.

Categories
Culture

Day 877 and Punch The Nazi Nerd

I want to rant a little too much today, as it’s a holiday weekend and it’s all sunshine, apfelsaftschorle and pretzels but I need to rant a little bit. For a treat.

Anyone with too much focus on the esoterica of life; the nerds, the dorks, the dweebs and the outcasts, has some baggage. I never felt particularly uncool as a kid because I moved around enough that I didn’t have a lot of past embarrassments to hold me back. Odd when a childhood trauma ends up being protective.

But I’ve met plenty of genius in my time and a lot of them carry deep hurt from how they were treated as kids. The trauma isn’t always healed. And hurt people hurt people.

We used to expect an even trade from our nerds. You’ve got righteous technical skills and understand how those changing tools will affect the culture of the world. You see a future and hack at it because you’ve seen the rules of the game.

We need those rule breakers because they keep us honest. But we’ve got to keep them honest too. Life is a team effort and it takes all kinds of skills to pull off something great. The hacker nerd archetype is just one member of the team.

But if you are playing on easy mode, and the nerds have been on easy mode since we needed whiz kid scientists to fight the Nazis, then you don’t handle rejection too well. Everyone thinks they are owed something on the internet for being barely above a midwit. And they are probably right as we are living Idiocracy out there right now.

But you’ve got to have boundaries. Nowhere is that truer than with someone with a deep hurt. Probably why we have company politics, project managers and deeply angry startup mommies who spend their whole ass lives managing the feelings of man-babies who produced code. It ain’t great for moral.

I don’t know why nerds are such children. They say you stop growing at the age of your first trauma. Maybe. Or maybe if you had someone to clean up the hurt for you as a child you don’t know how to clean up your own messes as an adult. Mommy issues everywhere I enjoyed being a spoiled bitch more when I didn’t realize the enormous cost. Rationalize and reconcile what you can.

I don’t mind the hurt when nerds deliver us energy and weapons and the stars and whole new ways of self organizing. I’ve sided with nerds my whole life. Nerds are my ancestral people. Witches and rocket scientists and trailer trash chemists.

But if a nerd pretends the consequences of living with others doesn’t apply to them because they are so much more special, well you better be skeptical. Nerds can be bullied too. Sometimes you do in fact need to punch a bully. Punching Nazi nerds in particular is rarely a poor choice. The nerd bullies may need it the most. Remember it’s dweebs with delusions of grandeur who commit genocide and raise armies for fascists. Banality of evil and all that. Happy Memorial Day weekend everyone.

Categories
Aesthetics Community Finance

Day 863 Abstract The Pain Away

When I was a small child I attended meditation retreats with my parents. Hippies amirite? The particular branch practiced was some variant of Kashmir Shivaism, but I’ve got to imagine it was heavily edited for the consumption of white Boomers.

Who else would take a vacation to sit in silence, chant the Bhagavata Gita at 5am and practice sevā, all while having six year old children? Silicon Valley’s syncretic culture produces some weird hybrids. Seventies counter culture gave us some of the best religious revivals in American history.

If you didn’t catch the word sevā earlier it’s actually going to be the anchor of the post. Sevā as it was explained to me as a child at the ashram is selfless service. It’s work you do without expectation of reward. It is a dedication to others.

Practically it meant that anytime we lived at the ashram everyone contributed some set of work, mostly unskilled labor but not always, in the form of sevā. I did everything from food preparation and dish washing (working a commercial kitchen dishwasher is actually fun) to caring for some donated horses. I had fun summers as a child.

But the point was that everyone participated in some way to the functions of the ashram no matter who you were. And we did have some weird celebrities but that’s not the point. Sevā applied to us all. Though I’m sure glad I never looked too hard at the politics of finances of these ashtrays. Childhood innocence. As a child I just thought it was fun to contribute to the adult world.

But what I remember now is a sense of connection. That no aspect of these retreats was ever abstracted to far from me. The service was meant to bond you to an experience of a world bigger than yourself. And by recognizing that, you’d somehow connect more with others.

I try to remember that now when I am in lonely cities where every aspect of living with others is transaction. A food delivery service whisks you a meal in an hour in a country where you are an outsider without ties, bonds or service beyond the basic civilizational contract of capital markets.

The global cosmopolitan gloss of mobile applications have abstracted service away to the point where we can have an entire day of discourse about a man being sad a house cleaner washed a cast iron skillet but we can’t admit that we all pay for service as it cracks the facade.

We’ve got no sevā because that’s an expectation too great to hear. We can barely manage to pay a fee for service anymore. Imagine if we had to operate without intangibles. We can barely make Uber Eats function with taxes, tips, and services fees. Bless the markets for this freedom and curse it in the same breath.

Fuck the pain away? No, we abstract the pain away. No need to see who contributes anything. You can complain to a faceless chatbot cum customer service artificial intelligence about how some man on a bicycle didn’t deliver your order on time. The service lives below the machine now and has patience for frailty.

And yes I’m writing this because my Korean fried chicken and kimchi order got lost in a side street in Frankfurt for an hour or two.

Don’t worry the corporate entities that intermediated between me, the restaurant and the courier decided in my favor. The customer is always right as long as they have paid the fees to pretend that are lords.

All pain in the above transaction was abstracted away into some governance structure that decided it was worth 25 euro or so. One presumes some public market agreed on the price. I guess I did too. We all did.

Categories
Community Startups

Day 854 and Silicon Diaspora

Silicon Valley is a place in Northern California. It’s also accurate to say that Silicon Valley is also a mindset that knows no geographic boundaries. If you will indulge me I’ve coined a term for this syncretic network state. I’m calling it the Silicon Diaspora.

While my family is from Boulder Colorado and I was raised there, because of my father’s startup ambition I ended up being born in Fremont California. It was a low rent neighborhood in Silicon Valley back then. Now it’s got a Tesla factory.

But we didn’t stay. My family and many others. Silicon Valley was such an inspiring landscape we sent missionaries to other cities and our diaspora took hold.

There are many types of nodes of varying sizes cities that include the Silicon Diaspora. And these nodes have a few key ingredients in common which attract the diaspora to them.

It’s worth getting to know some of elements that have allowed previous diasporas to thrive as it tells you how tight knit Silicon Valley social capital systems remain even in decentralized form.

BOULDER

I will start with Boulder. In the 90s, a movement was afoot to turn my hometown into a startup hubs as it was already benefitting from its proximity to several defense & aerospace industry players like Lockheed but also crucially was home to federal science labs like NIST, NCAR and NOAA.

The technical talent was then nurtured by investors at home. Boulder owes a great debt to Brad Feld and everyone at Foundry Group for this community. Boulder was and remains a crucial node in the diaspora.

MIAMI & AUSTIN

We’ve seen Austin and Miami rise during the pandemic years as founders and venture capitalists scrambled from Silicon Valley. Keith Rabois and Mayor Suarez willed Miami’s tech scene into existence almost overnight.

Austin’s history as a startup hub has its roots in semiconductor and hardware like Dell and Texas Instruments. Watch Halt and Catch Fire’s excellent depiction of Texas as a nexus for the Comdex years.

NEW YORK CITY

And lets not forget New York City as the hub in the late aughts and teens. This is where I spent most of my entrepreneurial career. We associate New York with more financial technology but it was a consumer company Foursquare that put New York on the map for venture. They also has a hometown hero fund Union Square Ventures’s theory of network effects. We had political support too. A very helpful mayor in Michael Bloomberg facilitated the growth of the New York node.

NEW NODES

I’m even seeing it now in Montana. Bozeman has a thriving startup scene buttressed by its popularity with some unique demographics like ex-military founders and retired venture capitalists. My husband goes to the weekly Bozeman Startup Slack meetup every Thursday.

Silicon Diaspora has many of its citizens in the mountain west (both Wyoming and Idaho have scenes) as those values align well with crypto, privacy and defense startups. I hope to be a part of nurturing Montana as a future node of the Silicon Diaspora.

Categories
Community Startups

Day 847 and Erasure

I hosted an interactive town hall for Consensus this afternoon. The topic was the path forward for building communities online, offline and IRL with cryptocurrency, decentralized autonomous organizations and maybe even network states.

I’ve been working on this town hall for several months. I worked with Marc Hochstein to refine the thesis question, build the flow and topics, bring together speakers from unique ecosystems and projects, and horse trade the various bit of social capital required to get interesting content out the door. I worked hard on it. I felt I was one of the owners of the panel.

Builders of new types of communities – online, IRL, and hybrids – roll up their sleeves and discuss how they’ve addressed challenges from 60,000-foot strategy to immediate on-the-ground tactics in a zero-trust world with high trust expectations. Topics include: governance and accountability; organic scaling through consensus (who and what decides on whether it is achieved); the architecture of sustaining and driving loyalty; navigating regulatory hurdles; uncertainty around novel governance structures; and managing information and workflows around who and what is trusted.

I was proud of my first question as I felt qualified to ask having once been the founder and leader of an organization. Conway’s Law is a familiar adage in software design. Simply put, what we build is a reflection of who we are and how we communicate with each other. So I opened the town hall with this as the thirty thousand foot view.

If what we build is a reflection of the organizations that build it, then crypto is a reflection of this room. Assuming you believe our goal is economic and monetary solutions for everyone willing to align with our reformation, are we living up to this ambition?

We had a lot of ground to cover. Issues of institutional distrust, transparency, governance, and decentralization’s promises for inclusion. But reactivity means we go to base emotions. An older woman asked the panel (not me though) why there weren’t more women on the panel. Needlessly to say I took that personally. Ain’t I a panelist?

I just brought the hammer down on this poor woman who wanted to call my panel a “manel” because lady it’s fucking erasure I worked for months to bring this group together, I’m on the stage as an expert, and you think don’t I count?

She said I was the moderator. Which like yeah it’s my fucking show because I have the expertise to bring the leaders together as I’m a peer. I shut it down as we had deeper questions on what inclusion means than Boomer feminism or Girlbossing woke-ism can manage.

The beauty of Bitcoin and Ethereum and the ecosystem of L2s like Stacks is any of us can validate what’s going on. There is no “man” or patriarchy or systemic oppression keeping you out of learning and using the tools. Maybe they reflect their builders who haven’t always been inclusive but now all of us together can earn and build like anyone else. We can make our tools reflect us by insisting on being seen.

I regularly have my background and expertise and existence questioned by everyone. And I just keep showing up. So I’d like to say sticking a girl on a panel does nothing for inclusion. But being a woman who organized a serious (ly) weird town hall on community should also mean my experience counts as much as anyone else’s.

I want everyone to count. You count. I count. Your gender or sexual orientation doesn’t discount you unless you discount yourself first. I regularly make sure I’m seen and I want you seen too.

The way to count is by speaking up and making sure that men aren’t the only ones who contribute. Don’t want to make your gender or sex a thing?

Go ignore gender & sex and & identity entirely and be an anon with a Milady pfp. I came to crypto to be a sovereign of my own body and choices. It’s your choice. None of us are victims.

I was amused as dozens of women came up to me after with enthusiasm about how we do inclusion in crypto because we don’t need to be restricted by Girlbossing or Boomer feminism. We include ourselves as the system is inclusive by design.

Decentralized systems include us all. And that’s a future they can’t exclude us from. Do you want to categorize every identity into perfect little corporate identities and slogans? I don’t. We can build a future where we are free to be you and me. Ok Boomer?

Categories
Startups

Day 846 and Serendipity

Last night I arrived in Austin for my favorite annual cryptocurrency event called Consensus. If you are participating please consider coming to my interactive town hall on Thursday at 1:30pm where we have an hour of panel & audience discourse on the future of trust & community.

I am excited for this panel as I feel like I’m ready to own my experience as a professional community builder. It’s been a job in the social media era for a bit. But it’s only recently that we’ve realized the ecosystem of builders is tightly knit together by a tapestry of overlapping passions and competencies. It’s lots of different kinds of nerds.

We arrived earlier than expected which enabled us to go to an event with Jon Stokes (I was slightly more excited to see his wife Christina but Jon knows I adore him too). While we had lots of folks discussing heady issues like the network state, it is most joyful for me to discuss the more human aspects of life in a community. Who was looking after the kids and which one of our neighbors is housesitting. Practical daily living things felt like the natural connection of humans beings working together.

From there we went to a dinner with one of our most cherished real ones Ben Huh. The man knows food so I was thrilled to be feeling healthy enough to stay out and enjoy a meal with a table of deeply weird unabashedly themselves people. When we did introductions the question was “what is something you are obsessed with right now?”

The answers were wide ranging. High temperature cooking, textile pattern making, reality dating shows on Netflix (not for the record me but I am also obsessed), showing up as you are, sewing the perfect custom dress shirt, raising goats, riding tractors, reading science fiction mind bender The Three Body Problem, and mastering nervous system regulation (this one is me).

I felt like everyone I saw that night was one of my fellow travelers. The serendipity of overlapping passions and curiosity showed me so many ways I connect with diverse humans. I encountered politics as disparate as reactionary fascist and shitlib standard as everyone comes to grip with a future that feels as yet unwritten. There is a lot of serendipity on the frontier. It’s nice to be reminded that the future is built together.

Categories
Internet Culture

Day 831 and Apocalypse Meow

I’m starting to enjoy the AI doomers. It’s a relief to have someone else be calling chicken little. It’s usual my job to be a Cassandra but for once I am not aligned with an apocalypse. I don’t think we can stop the future from arriving. And I am a fuck around and find out type. It’s just my nature. I think we need to build for optimistic futures. But that doesn’t mean bad shit won’t happen even if we halt all progress. I wish.

When people say “apocalypse” you get the sense that it’s a one time event for most people. That bad things happen all at once and life is in an instant forever changer. Looks like it does in the movies. But I’m not sure the future changes like a bankruptcy. Slowly and then all at once. I think the future is what we make of it and it takes an enormous effort to make things better.

Maybe your people already survived an apocalypse. Maybe your ancestors wiped someone else out. Who knows what apocalypses your people lived through that others didn’t. I’m an American.

I bet if you could talk to your great grandmother you might find that real life is complex and she lived through hell. So why would you assume you’d even know if you were in an apocalypse right this moment.

To assume we can make things better is an ambition humanity shares. It’s kind of a wild leap into the unknown own and yet we have to do it all the time. Maybe it’s not the end of the world.

But what I do know is humanity comes from a long line of survivors and we often figure shit out and leave behind history. And even if this time we don’t well I’m sure some bit of humanity survives in one form or another.

Maybe I’ll be better adapted to this future. Maybe I’ll be dead. Either way I’m ready to get on with living my life even if the apocalypse is right meow.

Categories
Startups

Day 817 and RIP SVB

I hadn’t expected to grieve the death of a bank. It sounds so preposterous. Who the fuck feels sad about a bank failing? But I am genuinely sad that the Silicon Valley Bank name doesn’t appear be living on with its new owner First Citizens Bank.

I guess I look forward to banking with First Citizen. They seem like nice enough folks. And maybe a bank is just a bank. But as I look back on the firsts that Silicon Valley Bank gave me I realize I will miss it. I’m sad they are gone.

The first check I saw with more than one comma was from Silicon Valley Bank. My very first company was acquired by a startup that banked with them. Ironically, right before the 2008 crisis was beginning to come onto the scene. I had a small window of fleeting security where I enjoyed a steady paycheck every two weeks with payroll done by Silicon Valley Bank. I remember thinking I was so rich. Even though I was super pissed my cofounder had a better salary than me as Silicon Valley culture dictated at the time that engineers make more.

If you are a fan of history then you will enjoy knowing that yes I did get fired during the infamous RIP good times affair. Thanks Sequoia! They were our main investors. Still I appreciated the opportunities as I was so young I wasn’t very good yet. I’ll forever have loyalty to my CEO for having treated me much better than I thought I deserved.

I also I also really loved the steady paychecks from Silicon Valley Bank. Now I think to myself why didn’t I take any pictures of it? Why don’t I have that moment recorded anywhere but my memory? Why am I now recounting this fifteen years later.

I’ll never get another check from Silicon Valley Bank again. I just didn’t have the expectations in life that I’d be the sort of person with a bank account with more than a million dollars. Let alone that I’d be in control of one and entrusted to do something responsible with it. Which has now happened multiple times at Silicon Valley bank over the years for me. Guess no one wants to have more than $250,000 in a bank right now though huh?

So goodbye Silicon Valley Bank. I’m so sad I’ve got nothing to remember you but. I didn’t take a screen shot of the bank app on the day Stowaway’s first round closed but I should have. I spent a lot of time in their banking application over the years running my cosmetics startups P&L. I remember being so proud to be the sort of person that even needed to deal with the bank. And I trusted Silicon Valley Bank with my employees because I’d seen it treat me well when I was an employee.

It seems so silly to mourn not taking a picture of a check or a screen shot of a mobile banking app but I don’t really know how to mourn a bank that failed. We failed them. They failed us. And it’s dead and I’ll never ever get a chance to do it all over again, and even if they are a villain, I remember when they were the hero in my life.