Tag: Social Capital

Categories
Reading Startups

Day 1510 and Turning It On

Almost two years ago I sent a Twitter DM to a young founder named Isaiah. He was intellectual, curious and humble and I was impressed by his authenticity.

He was strong enough and driven enough to ask for hard feedback. So I told him the truth when he asked. I hated his first idea, gave a prediction about how it would go and said I’d invest in him on whatever he did next.

Lucky for me that feedback turned out to be accurate. We talked for months as he worked through a plan for his true passion for abundant clean nuclear energy.

I was blessed to be put in a position where I could commit as his first investor. His progress since then been extraordinary. Their goal is to make the world’s energy by building nuclear reactors at planetary scale. Today Valar Atomics announced they raised a 19m seed round.

When I say extraordinary I really mean it.

First, we have completed the construction and pressure certification of our thermal prototype, Ward Zero, at our Los Angeles facility—the fastest in history a thermal test unit has been developed and built. Ward Zero will be unveiled next week at an exclusive event in LA. Isaiah Taylor

We are in an age of acceleration. To be able to design and test a prototype this fast is a sign that we can expect better solutions to arrive and quickly if we should so will it. I wouldn’t be surprised if they are able to turn on a working reactor in the near future. If you are interested in Valar (working for them or investing in their growth) hit me up on DM.

Reading

Leading Edge newsletter “What Woo Works?”

Spooky, scary, technology is witchcraft

Media

Want to see an android art direct as if it were in the cremaster cycle? The Protoclone is a faceless, anatomically accurate synthetic human with over 200 degrees of freedom, over 1,000 Myofibers, and 500 sensors. Clearly they are doing this just to scare us into giving them attention so here you go. I hope they don’t execute as swiftly as Valar.

Protoclone, the world’s first bipedal, musculoskeletal android
Categories
Media Politics Preparedness

Day 1492 and The Blob in The West

I am unsure how to feel about some of the shock and awe tactics being used in American politics. Well, it’s happening globally but I care more about how it happens here.

Being from the American West, and in particular being a townie of one of the land grant university towns, I have found we have two orientations to federal power in “real America” that can be contradictory.

There is extreme skepticism of how Washington inserts itself into everything fron local land issues to education & regulatory policy. Taylor Sheridan has made a whole cinematic universe out of these issues. The West doesn’t want the long arm of the law reaching onto our land.

But the West also has its own power base. We are tied to the wider industrial and defense power run by the blob by supplying manpower and resources. Land grant universities like CU-Boulder have trained a cadre of science and engineering workers who run important programs like NIST and NOAA.

Federal scientists and their work runs everything from the atomic clock to tide reports. This doesn’t even account for the Air Force Academy and Cheyenne Mountain. The military industrial complex and its funding of the sciences is well integrated into the American west.

It makes for some interesting politics as the land grant towns. They owe some of their wealth and economic base to the training delivered by a university system that is local and regionally powerful.

And yet funding for its surrounding apparatus relies on a complex set of funding arrangements from the Blob from science grants to defense contacts.

If the money is under threat I’d expect regular people are going to have a bumpy ride. And systems will certainly break. Maybe all the burbling in the Blob as it recognizes this threat an opportunity for the western states to assert their own independence. That is a more optimistic outcome than many expect.

Categories
Media Politics Startups

Day 1485 and A New Pogue on Technology

The paper of record just doesn’t know what to make of a political constituency that it has been determined to view as a billionaire bad boys club. And so after almost a decade of hostility between media and Silicon Valley, it is clear the vibe shift has come in the house style at the New York Times as it is dedicating a lot of ink to “Tech Right” and how it views the world.

A new narrative of technology is emerging. Veterans like Maureen Dowd alternate between mean jabs and fawning over “the high school oligarchy.” Ezra Klein’s podcast this week worries over tech’s relationship to Trump 2.0.. The right leaning institutionalist Ross Douthat interviewed Marc Andreessen on how Silicon Valley came to leave the Democratic Party.

The editors appear to sense the shift of power. And with new beats come new talent. The Grey Lady has hired an opinion columnist James Pogue who actually does reporting with these elusive new right and tech right figures.

Old timer readers might appreciate that this new talent shares a name with a past technology columnist. Pogue. David Pogue reviewed gadgets from 2000 to 2013.

Despite being millennial, James Pogue is an old school reporter. His popularity derives from his deep reporting. He picks up the phone and talks to people. He shows up to events and reports on what he sees. He does it with verve and style but lets his subjects speak for themselves.

James Pogue’s author photo

James is having something of a moment judging both by my group chats and the most shared analytics. Not only is his New York Times opinion column going gangbusters but he is also going viral for his long form gonzo essays in Vanity Fair.

If you enjoy learning how the media sausage gets made Isaac Simpson has an interview with James Pogue on his newfound status, his reporting style and how he ended up at the center of the political and cultural moment.

It is here I do full disclosure myself and say I’ve been interviewed by him twice and we have social relationship that includes being on a very similar professional and social circuit. Because he actually goes to report on things in person we’ve seen a lot of each other over the years. A reporter grows with their beat.

If you are interested in what establishment media has to say about this new power base of new right, tech right and a rising counter cultural elite and prefer your news to be deeply reported then make yourself familiar with James Pogue and his work.

He has a nuanced understanding of the personalities, always his homework, and incredible access to his sources. I guess this is what happens when you ask questions and then let your subjects speak for themselves. If anyone has the secret to the media rebuilding its trust with readers my money is on James Pogue.

Categories
Culture Politics

Day 1457 and Cultural Values

I really tried to stay out of discourse on Twitter over Christmas break, alas being only human I stupidly decided to wade into discussions about American talent and our disgracefully broken immigration and visa system. It was a mistake.

A debate over type of work visa called the H-1B kicked off days of horrific anti-Indian racism which then created a bizarre backlash insinuating white Americans of having a culture of under-achievement. All over a broken program that brings in 65,000 workers in a country of 300m.

Naturally people are pissed. The whole thing feels like it was designed to manufacture a schism between factions of the Republican Party as it touched some very raw nerves.

The “precariat” of lower middle class professional Americans took sucker punches from anonymous account and also Vivek Ganapathy Ramaswamy for having bad cultural values which has affected our willingness to compete for excellence.

Maybe someone else will remember this but I recall an incident during my childhood when Bill Cosby got canceled (no not for that) over statements suggesting that some portions of poor black American cultural values were not promoting success and achievement.

If we had a similar cultural figure in white American that said something equivalent we’d probably get the same backlash as no one likes to hear told that they need to work on themselves. And in general people definitely don’t want to hear their flaws from someone who acts like their betters.

I think the bigger question is how is it that we found our values of hard work and achievement degraded. What has happened in our schools and in our workplaces that we are not aspiring to better ourselves. That’s where the heart of the issue is most tender and for good reason.

Categories
Aesthetics Culture

Day 1453 and Shopping Malls at Christmas

I partook in the time honored tradition of going to a mall before Christmas. My family was inconsistent in its treatment of the holiday when I was growing up and consumerism was not a value we celebrated.

And yet now I think it’s a wonder America has exported the triumph of the American consumer at its most intense and made Christmas shopping a mentality globally. Consumer debt is a marvelous when it’s priced in American dollars.

Our holidays are now times for displaying status and taste in so much of the world. I think it’s reasonable to say we’ve been post scarcity since the mass commercial fertilizer and it’s all been status signaling since then. We all live materially better lives. Arguments for the impoverishment of our souls are still quite valid.

Yet here I am buying stuff before Christmas. Nothing makes me feel more like a piece of the capital markets like buying consumer electronics at Christmas.

The prices are better only because we’ve been trained into a consistent purchasing pattern. We can predict consumer sentiment and meet those demands partially as a function of training the consumer when to shop. The propaganda of the markets.

So I get to enjoy the overstimulating existential horror that is the wall of televisions ready to be Christmas gifts. The high fidelity color and intense noise is an assault on the senses. No wonder reality is a disappointment. I’ve never seen so crisp a picture. It’s all just a bit too much.

Categories
Aesthetics Culture

Day 1451 and Kiki Boot Bust

One of my resolutions for 2025 is to use LinkedIn. I know it’s a little weird, but a whole swathe of professionals simply don’t Tweet, shit post or blog.

Many professionals brand themselves with polished post on more poised platforms. Their branding is less about authenticity or raw insights and more about composure.

As I’ve been popping in to my old “work” networks and encountering long lost colleagues from my past life in the lifestyle trenches of fashion, beauty and luxury I’ve noticed a grim trend amongst the composed and polished.

These professionals were concerned that in the wider style industry, quality has all but disappeared while costs are way up.

Katharine K. Zarrella an editor with long standing has a scathing opinion piece in the New York Times about the state of the business. Obscene Prices, Declining Quality: Luxury is in a Death Spiral.

Like my sad Kiki boots, much of old-school luxury — the kind that was so glamorous, lush and exquisite that everyone understood it, many craved it and few could have it — is beyond repair. Once-revered establishments that prided themselves on craftsmanship, service and cultivating a discerning and loyal customer base have become mass-marketing machines that are about as elegant and exclusive as the Times Square M&M’s store.

Everyone has their own style and preferences naturally. When everyone from the tried and true heritage heads to the nouveau grunge appreciators complain that everything is crap and there is far too much of it then a we’ve got a problem.

Ms Zarrella’s Marc Jacob platform boots may be more Doc Martin Hot Topic than my own preference but I doubt I could replace my beloved kitten heel knee high Gucci boots either. We are both stuck with expensive choices that won’t last.

I’ve simply stopped shopping anywhere but a few select unbranded stores like Italic. Repairs are the only option if you have existing pieces you love. There are no replacements available. Even if you are willing to pay the new prices the quality is terrible.

Freshly repaired by LeatherSpa after seventeen years of service on the mean streets of New York
Categories
Community Culture

Day 1438 and the Circuit

Cool is as scarce as a resource as our species has ever encountered. We plunder and horde cool like the spice in Dune even though absolutely anyone is capable of becoming cool.

I know you probably want to argue but Julie I’ve never been cool or no one I know is cool. Well I’m sorry but that’s actually a skills issue and you can be a part of culture.

Anyone can become cool by not giving too many fucks about the rules. Notice I didn’t say “no fucks” as obviously there are rules and gatekeepers and all kinds of ways to modulate what I’ll call cultural capital.

It’s not too hard to become a polite participant in the unwritten rules of culture. If you are additive to any of ways we create, propagate and monetize culture you will be welcomed in once you learn to contribute.

Looking for a toehold? One of the ways we decide on who and what is cool is simply by showing up to the various nodes of wealth and power I’ll call the circuit. An artist mutual of mine calls it the city with legs.

If you are curious and want to participate the the circuit roughly encapsulates the vacation and social calendars of our global elite class. And it’s quite public and often reasonable accessible if you are curious enough to research. Read the styles section and you notice the repetition.

It’s a more diverse group than you might think. It’s certainly more open to than when society was run by a hereditary aristocracy. Yet it’s still contained enough that anyone on the circuit jokes it’s the same old thing.

Sometimes folks complain that you never meet anyone new on the circuit and it’s true you encounter the same people over and over again. You will probably see me from time to time. Power likes cool because cool is a powerful determinant of wealth and status.

If you attend the main fashion weeks, the world economic forum, the Met Gala, Art Basel, Formula 1 races, the awards seasons, or the main conferences you have encountered the circuit. If you have met someone who winters or summers somewhere then you have seen the circuit.

Maybe just as a townie but you’ve seen it. Even a cat can look at a king. If you’d like to hop on the circuit be sure to bring something to the table. The thing about culture is we are always looking for new faces. You too can try out being cool just for fun. Break a few rules but maybe ask someone on it which ones they follow to get a feel for it first.

Categories
Internet Culture Startups

Day 1434 and Density

There is always a debate in startup life as to how the density of a given ecosystem impacts outcomes. A tight network of well connected communities and individuals helps founders, investors and talent connect.

Before the pandemic it was considered fairly normal to be within a major hub as the common knowledge was that “density” matters. You wanted to be in the action of a scene.

There are great startup cities. New York has an incredible scene. My hometown of Boulder has a great technical core. But as much as cities and companies compete over status the one with longevity is Silicon Valley. Heck it was a debate when that even encompassed San Francisco until Twitter moved in.

Then everyone spread to the four winds during the pandemic. I like to think of this as the era in which Silicon Valley got back to its digital roots. Being extremely online became a behavior that worked well for anyone if you communicated well with words. Being on the right coast was about being in the right online communities. The network state is online.

I’d say that was as pure a return to source culture as there ever was. Different people value signal across different networks and the open web of words has been home to software and hardware developers for generations.

The world that builds companies lives virtually as much as it does in the real world. We like to meet up but we also know it’s the tools that connects us that make the difference.

Every subculture that has emerged with a breakout hit did it through the digital commons we built together. I’ll always appreciate coming to the source culture to replenish but I know the density of the network is at its swiftest when our extremely online communities communicate.

Categories
Culture Internet Culture

Day 1431 and Faking It

I’ve heard this multiple times across enough demographics in the wider “startup” ecosystem that I’m afraid I’ll have to accept it is happening. People are faking being weird. In some cases they are faking being autistic.

I find this to be an almost laughably unlikely thing to want to imitate. And yet I’ve heard it three times in the last week. The new poser is faking being a neurodivergent weirdo.

We regularly joke that at chaotic.capital a part of our deal sourcing relies on “Julie being professionally weird on the internet.” My pinned tweet from three years ago is a ramble on this ethos as it’s been true for decades. Unique fixations often undergird problem solving.

Being weird, or more specifically autistic, has now taken on a specific connotation of an intelligent but socially strange or oblivious character who sees the world differently. This means you are special somehow and can be forgiven for being a dick (that’s a lie be nice).

It was probably a source of pain for many millennial kids who were awkward the more oblivious you are the less it bothers you. Marching to the beat of your own drum. We’ve got a whole set of social tropes around smart nerds in popular media and most of them were negatively coded.

Despite this history, revenge of the nerds occurred. The power and dominance of technology (and its cousin nerd) culture means the spergy truth telling autist has cachet. We live in a post Sheldon Cooper world. Once something involves capital it collects social capital as well.

I have clearly underestimated how much this affects Zoomer behavior and incentives. Millennials experienced this archetype negatively but in a softer “everyone is special” culture your quirks can lead you to money and prestige. So there is now an incentive to act like a weird asshole to fake being weird and a little socially anxious.

If autism can have stolen valor then we might be in that era. It seems to greatly annoy the actually autistic (a tag on social media used by many poorly socialized entirely normal people) to have the symptoms of autism faked.

Authenticity is actually quite hard to fake and anyone with a decent social radar can usually spot it. Whether all autists have that capacity to read social cues is up for debate. It’s probably why anyone tries to fake being a genuine weirdo.

I’m inclined to say skills issue as the internet has made class, manners, and social cues much more accessible to everyone. And good news being every social class values being chill, real, and passionate. So there is no need to fake anything. Just vibe. Be cool.

Categories
Politics Startups

Day 1430 and Realignment

American politics has become center of gravity for culture. I’m not thrilled about this as I have utopian high mindedness in my bones and that never pairs well with the real politic of a nation.

I felt being open to change was a part of my cultural upbringing as an American. Reagan Revolution babies enjoyed Clinton neoliberal growth. Optimism meant being interested in technology.

I have never been satisfied with reality because “we can do better” was both the regional culture of frontier Western civilization but America in particular.

We can imagine better which means we can do better. Somewhere between the neoconservatives forever wars, liberalism’s tolerance of intolerance and the growth of an expensive permanent state bureaucracy we lost some shine.

Losing our can-do spirit to fear and zero sum thinking led to strange institutional outcomes. Watching fear spread over years of pandemic and institutional failures did not help.

I’m not a novel voice in this discourse but most of the startup world and technologists in general had sincere affiliations with American institutional liberalism and even in particular the flavor of Democratic neoliberalism you might have associated with Bloomberg. The Obama administration certainly acted as if we were part of the coalition. The sincerity of that alliance is a question of course.

I don’t know where the realignment lands as we go forward but I hope as many people as possible sincerely embrace wanting more optimism.