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
Emotional Work

Day 842 and Sucks to Suck

A lot of folks are suffering right now. And I’ve got all the empathy in the world for just how rough it is to live in this modern moment. So I want you to really hear what I’m saying knowing that I do it out of love.

It’s sucks to suck

I’m currently sucking at a bunch of stuff in my life. Because I’m learning new skills and expanding my horizons. I am just sucking big hairy balls as I go about the process of embarrassing myself becoming competent through failure.

Thankfully I am surrounded by a family who loves me and wants me to improve. They don’t mind if I suck because sucking is the first step in success. If I don’t suck at something I’m probably not pushing myself to learn. And just because I’m afraid of sucking is no excuse. Everyone sucks sometimes.

And I get it. It sucks to suck. I hate how uncomfortable it makes me feel to fuck up. I am regularly failing at lots of shit on what feels like a daily basis.

And I do often want to crawl into a hole and stop doing new things so I can enjoy the feelings of power and competence at things I am already successful in.

And yet I don’t want to stay in my comfort zone. Even though I am intimately familiar with how much it sucks to suck. I hate the feeling of having not tried even more. I’d rather shoulder the risk of the fuck ups than live with the crushing anxiety of not shooting my shot.

Because more than it sucks to suck, it really fucking sucks to not even try. It eats away at your soul. You wonder if your life could be better. And I am here to tell you yes it can be. My life is fucking awesome right now. And it’s awesome because I tried. I spent a lot of time being embarrassed.

I didn’t get everything I wanted. But like those damned boomers said, you might find that you get what you need. So go ahead and suck. The path to happiness is on the other side of it. Don’t give up just because it sucks to suck.

Categories
Medical Travel

Day 833 and Industrial Romaine

I packed my day a little too full so I found myself ordering a salad from popular New York industrial salad chain Chopt at 8pm right as they closed.

The order was placed on an app so it was a crapshoot and I knew it. And sure enough I got something that wasn’t what I ordered but I’d been running around for 12 straight hours so I just said fuck it I’ll eat this weird burrito of industrial romaine and mayonnaise because I’d really rather be passed out.

Incredibly poor decision making on my part. I was up early and I was up often performing ablutions and praying to the gods of intestinal fortitude that this please pass swiftly.

I appear to have stopped with the worst of it and had about an hour or so before a meeting I really didn’t want to cancel. It’s not as if food poisoning is catching. So I groomed and put on something that would withstand the 88 degree heat of…checks notes… early April in Manhattan? And then I got on the subway.

Shockingly heat and the subway aren’t a great combination, but I was determined to gut it out. I’d left early so I could find my way to a drug store. Naturally nothing was available to purchase without someone unlocking a cabinet. Nothing more humiliating than asking if one could have a key to acquire GasEx, Tums and Imodium. A really stellar look all around.

I’m now comfortably in a lovely office of a venture capitalist hoping it all kicks in before I need to attempt socializing. Naturally I’m taking the time to write about it as I wait as it’s keeping my mind off the discomfort and misery of it all.

This isn’t the first run in I’ve had with agribusiness greens that’s gone awry for me. Many moons ago I got food poisoning from spinach I bought at a Trader Joe’s. A few blocks from where I am now. I had Gucci insurance (literally Gucci the luxury house I do not mean that it was particularly fancy) and spent the night in the emergency room. So maybe this is just a full circle experience. Ashes to ashes romaine lettuce to romaine lettuce to romaine lettuce.

I can feel the drugs kicking in and maybe I’m at the end of it. And hopefully this will just be an amusing anecdote that I recount on why we need to be more careful with food safety and industrial run off. But also I am loathe to cancel a commitment during a business trip. Showing up matters too.

Categories
Travel

Day 832 and Julie in Motion

Objects in motion tend to stay in motion. Newton’s laws of motion work for people in motion. I swung into my day and once a Julie is in motion she tends to stay that way.

I want sure how I would feel being in New York City. I’ve technically been back to the city since we left but this felt like my first real trip back to the city. And I remembered what it felt like to have my days packed. Full of things to do and people to see.

I felt energized. Maybe even just a little bit optimistic. Like being in motion was a worthwhile state to maintain. I enjoyed it. I expected things to feel maybe busier or louder or overwhelming and instead it felt normal. Like I’d always lived life bouncing from one thing to the next.

And to be fair a lot is happening. Balances of power are shifting. Plans are being hatched. People are planting seeds. There is a palpable sense of springtime hope but it’s a bigger than that. People are excited to see what happens next. And a city is a place of serendipity when the weather is good. And I could see some joy in being at old haunts.

We’ve got change on the horizon and some of us are excited to be players in the great game. Which is always a nice feeling. A lot is shifting and changing and we bandy about words like apocalypse and disaster. But maybe we have a hell of a good time finding our way out of this mess. I felt like maybe I could see a sliver of how it might play out while strolling in Manhattan.

Categories
Startups

Day 826 and Alignment

I think there is this persistent fantasy in startup life that people will always agree with your bets. We forget the discord of every hype cycle but it’s not always clear who is winning and what outcome is certain. Only hindsight is 20/20.

You do get occasional moments of vindication but it’s rare that they ever clearly overlap with a trend or a moment that everyone is paying attention. Media hype cycles and innovation hype cycles are not the same thing. Trust me I’m a pretty good publicist for a hobby.

Your deals aren’t always going to get attention though and a lot of founders want to keep things quiet so you can’t always talk your commitments.

This is a problem that investing has in common with fashion. I earned my stripes making shit cool for money. It’s actually hard. I call it the The Thursday Styles. The problem with tend forecasting is knowing what’s going to be trendy is a temporal bet as well as a cultural adoption one.

It’s a thing happening over time that is unevenly distributed. I learned that from William Gibson. Some of us live in the future but you can’t be too far out because then it’s just you speculating. You got to be right on the thing and on the timing to make any money.

It’s honestly way harder than it looks and anyone who is any good at taking a bet on what the future looks like has to take some variant of this bet. It’s probably why Dune is such a canonical text for nerds. He predicts the future dimly and is also a messiah time lord? Sign me up that sounds like venture capital to me. The sheer hubris of this comparison is honestly nauseating.

Like fuck all the way off you ain’t Maud’Dib. You’ve got to be very skeptical about the charismatic pull of a messiah my friends. That said I bet you’d believe me if I told you I was a Bene Geserit right? Anyways. My point is you don’t always get it right and you don’t usually get to take credit till the end. And mercenaries can co-opt anything. Your shit might hit the skids.

But sometimes one of your deals looks hot and everyone is paying attention and you get to feel like you were cool. You spotted the band. You saw the runway show. The media is hyped about it at the same time and your friends noticed on Twitter. It’s a nice feeling. And yes I invested in the Chroma seed round. I think Jeff and Anton are cool.

Categories
Emotional Work Startups

Day 825 and Papered

A bunch of stuff that has been in the works for me for a while all got papered in the last couple of days. If you read any of my zen poasting (misspelled for internet reasons) you’ve probably gleaned that I’ve had a lot going on. Stuff got resolved on time horizons as long as lifetimes and as short as a narrative cycle.

I’d like to celebrate some of the papering (two deals I worked particularly hard for over a long time horizon) and I’m sure I will do so at some point but everything is going by fast and I’m just so drained from the dance. I suppose it’s how you really know if you are living. It’s a lot to live through everyone’s ego death drives and I’d be lying if I said it didn’t take a huge toll on me. I don’t yet know how to pay these costs in anyway but energy yet but I’m learning. If I put hard costs on it motherfuckers wouldn’t like the bill.

I’m modestly less sympathetic to everyone else’s bullshit as someone in my extended family passed away (not getting into it as it’s not my loss) and that invariably makes every other problem look inconsequential. Who care about your feelings and your ego and your petty obsessions in the face of death. But also maybe you should care about them even more? Not my call to be honest.

I’m not really able to mourn with them directly but I feel the energy of the loss reverberating for my loved one. And I wish I didn’t want to discuss it at all but I do. Somehow death is the lowest drama aspect of my week. Actual death.

So if everyone else can tone the energy down a little I’d appreciate it. I will absolutely make sure shit is inked, wired, soothed, smoothed and otherwise handled. It will all get papered. Whether it gets celebrated or mourned is a matter of personal discretion and I’m all out of fucks as to what you chose. Just gimme a beat or two to breath. This isn’t what you’d call a nine to five job.

Categories
Emotional Work Finance

Day 824 and Ego Loss Aversion

One of my favorite cognitive biases is loss aversion.

The pain of losing is psychologically twice as powerful as the pleasure of gaining. The loss felt from money, or any other valuable object, can feel worse than gaining that same thing.

The Decision Lab

Isn’t it wild how much we hate loss? The pain of losing $100 is worse than the joy of finding $100. In behavioral economics “loss aversion refers to a phenomenon where a real or potential loss is perceived by individuals as psychologically or emotionally more severe than an equivalent gain.” I guess we don’t like to win as much as we hate to lose.

But we have to train ourselves to tolerate losses. Otherwise you’d never play a sport of any kind. And you’d be an absolutely terrible investor of money. So it’s clearly possible for some of us in some situations to get over loss aversion as we have professional athletes and money making fund managers.

But what if we have to address loss aversion in our own ego? How much do we hate to lose a part of ourselves? What if we stand to gain something significant by letting go a part of ourselves. I don’t think we can always predict where in our own sense of identity our ego will fight against loss.

They say the therapeutic process is just mirrors. You have no real sense of what anyone sees except as a reflection. Everything else is just our faulty sensory equipment. And imagine what a colossal fuck up you could make by ignoring what the mirror says and only relying on the faulty sensory data from your ego.

Stew on that a little bit and decide how much you really want to win and get back to me. Could be you need to see how much you hate to lose before you can see what you stand to gain.

Categories
Emotional Work

Day 822 and Increased Load

Maybe I should lay off the space opera as this is the second blog post this week in which I’m tempted to use a metaphor about gravity. I’ve been recalculating fuel costs and orbital mechanics for all the journeys in my life as of late. Just to see if I can go the distance.

I’m feeling good about the increased load of an accelerating life. I like that so much is happening. But I do feel very like it’s a bit by the seat of my pants. Various things aren’t tightened, shit is flying everywhere, I’m finding out who gets sick to their stomach.

I am finding that my adjustment to the increased load is a bit uneven as well. For a couple days I’m flying and then I realized I need to recalculate my fuel inputs and it gets a little bumpy.

Categories
Finance Startups

Day 820 and Ripped Off

I like doing favors because I don’t care for being overly transactional. I’d rather cultivate something over time to build trust than put a firm price and set of boundaries on what I’ll deliver up front.

And I’d prefer a similar stance from you. Intangibles are hard to price and I’d usually prefer a little time before I settle on them. It’s a trust thing. Everyone gets a fairer deal that way and I only do business if I think it’s win-win.

But once I trust you I generally assume that you won’t fuck me over because I’ve shown that I won’t fuck you over. I’ll value your resources as my own. And I expect you to value my resources similarly.

It sounds a bit old school but I believe we should respect people’s unique styles and contributions. Doing so requires trust and delicacy. We must believe others use us well and we shall use them well.

I find this trust necessary because if I do business with you I’ll use my social capital. Because spending social capital is what gets things done. You make think it’s money, but I can assure you fiat is just a convenience.

Capitalism’s wheels are greased by social capital. If there is too much tension in the system you will never achieve the necessary momentum with only one type of capital. The money is just a stand in for trust. It’s one reason some parties yearn for trustless systems. Because everyone is setting different prices for different currencies and no one likes getting scalped on a forex favor trade. It’s a dick move to undercut social capital.

I’ve found crypto people are some of the worst at understanding this basic social rule as they are the ones most desperate to make all markets legible. The indignation you see across much of technical cultures in general is dismissal of forms of capital that are harder to make legible.

I recently felt ripped off by a transaction I thought I’d priced appropriately to an incentive alignment. It turned out the other side of the deal didn’t have the same understanding of the intangibles. It made me feel like they don’t value my time and work. They’d asked for something, I trusted someone, and then another actor they had vetted spent it in such a careless way I was briefly incensed.

Now you can argue it’s my problem. I priced it wrong. And I had pricing signals coming in negatively from everywhere. I told my counter part this and they took it in stride. And then they went and demonstrated to me exactly why I was getting negative signaling. So I know it’s a risky use of social capital.

Now I’m not sure if it’s a bad trade yet. Maybe I have the tolerance for the volatility. But I’d be remiss if I didn’t look at what the numbers were telling me. Someone ripped me off. Reality says it’s probably just as much me as it was them. Which is, I believe, what you call a lose lose. And that means I’ve got to change the odds if I want to run the trade. But it’s hard to justify it to yourself after you feel like you got ripped off.

Categories
Community Media

Day 819 and Calculating Gravity

When astronomers discover a black hole they don’t get to it’s position by observing it directly. They calculate the position of it by its gravitational force on other bodies. We only know it’s there because of what it is doing to others.

I like this as a metaphor for a lot of things recently. I can calculate the gravity of a media narrative by calculating the gravity of all the players. Sometimes what you are being shown is simply the gravity of other players being acted on by something larger.

A good reason for owning a media property of any size, from Twitter to the New York Times, is that you can exert your gravity in ways that are much larger than your surface area might presume. A black hole is super dense. Please insert the required Elon Musk joke.

I’d like you to take this metaphor into your own life. See where you exert more gravity on life than someone might presume. You will discover a lot about your power in relation to individuals, your family, and your professional & personal organizations.

The center of gravity of a situation may not be apparent on first blush. But if you calculate out the positions and their orbits perhaps you can find a path that serves your needs. And most crucially one that serves your resources. If you can’t escape the event horizon you tend to get sucked in. So be sure you have done your fuel calculations too.