Categories
Chronic Disease Emotional Work

Day 931 and Open Calendar

I am about to sunset a long-standing weekly appointment that has been on my calendar for literally years. And I was surprised to discover how much getting back that time made me happy.

The block on my calendar was for something I very much loved doing and valued highly, so the sheer joy was unexpected. But as it turns out I loathe having a consistent obligation on my time.

This isn’t to say that I don’t like being responsible, reliable, or on time. But rather I like knowing if something comes up that I have some flexibility. And I don’t like to disappoint people by needing flexibility.

My suspicion is that this represents some lingering guilt I have about having a chronic disease. While I rationally know that I did nothing to deserve being sick, I do carry a self limiting belief that being sick is a weakness.

I’ve always prided myself on being a “mind over matter” person. I’ve shown up to countless events, meetings, pitches, and other obligations while in pain. I’ve been known to repeat “Michael Jordan, Game 5” as a mantra to remind myself that I can perform in even the worst physical circumstance.

Michael Jordan famously played and won with the flu. And the logic in my mind was surely I can do the same when something is on the line. So I always have. If someone expects me to show up and perform I do it even if I am struggling.

But as my season of no has begun I think it’s time I stop romanticizing my capacity to work when sick. I love having my time back on my calendar and I love the flexibility that I have to work whenever and wherever I want.

Maybe some people would chose to work less under these conditions. For me though, having more flexibility in when I show up means I’ll find even more time to put into my work. Because I love showing up for me. And sometimes it’s easier for me to show up when it’s not a damn calendar block.

Categories
Emotional Work

Day 924 and Backlog

It’s such a challenge to keep up with reality. Modern conditions have well overmatched human biology.

I’ve tried to keep my own physical biology from being overruled by competing inputs and attention competitions but it’s a losing battle. Sometimes the best you can do is ride the wave and be sure you know when to get up on your board.

I have a little bit of a backlog of inputs to work through. I should probably use the next few summer weeks to pull back and push through it. I’ve got a lot of sense making to do. A lot of inputs to be distilled.

I’ll do what I can to put things up as I see them and have a thought but I’m feeling the need to be a little more guarded. Can’t be out in world and accessible all the time.

Categories
Emotional Work

Day 923 and Spicy

Lots of reasons to be optimistic in America that our wheezing economy has been goaded into forgetting that money shouldn’t be free. Again. We imploded the banks and a number of international allied economies but we achieved a soft landing for some Americans. I don’t even know how I feel about that sentence.

It just really feels like shit is going off the rails all over the place but you can’t quite make sense of all the things coming at you because it’s coming at you so damn fast. And everyone is being dramatic about it. As if we didn’t have all kinds of fair warning that the ride was going to be bumpy.

I recently had someone not handle a professional (but somewhat personal) transaction as anything the way I’d hoped. It wasn’t s big deal. I recalibrated something in my life in the face of grief and some personal realignments. Everyone is fine. Everyone has their own shit going on and it’s never about you.

But it does seem like a lot is going on for everyone and whatever the fuck else is exploding that hurts your life and your people. A lot of people are very reactive and it’s all being shown in real time on Twitter.

And yes it’s making me feel like yup however this next world war 3 thing it is going to go is overlaying on your personal life. It’s reminded me that I need to protect myself as I’ve got a job to do no matter how spicy the market gets.

Categories
Politics

Day 922 and Inconveniencing Americans

I’m enjoying a tiny moment of schadenfreude as I hear more stories of Americans being inconvenienced by our systemically fucked federal bureaucracies.

Every time a reasonable person encounters a petty injustice in the renewal of their passport I see hope. Because our immigration, visa, State department sundry consular services are so fucked. Like if you haven’t experienced the cruelty with which Uncle Sam treats it’s least favored citizens consider your luck. Well you must have a lot going for you.

And I’m grateful for your faith in American systems. We need to aspire to treat everyone as well as we have treated our most favored citizens. Our most privileged are an aspiration for us all. The American dream is working towards allowing a fragile peace of mutual freedom.

But you’ve got to remember that in big enough groups everyone is fighting to preserve their status. And that always comes at a cost. And until that cost occurs to more people with power we tend to let it slide. So I hope we inconvenience more Americans soon so we can get back to the business if welcoming the world to our aspirational ideals.

Categories
Biohacking Community Emotional Work

Day 918 and My Attention Budget

I wrote about the realignment of attention budgets as social media experiences a walled garden fear response to artificial intelligence’s looming tsunami of low cost content.

I myself am going through an exercise of ruthless prioritization of my own focus and find. As in any portfolio, write downs are inevitable. It’s easier to write something down when it’s money. Investments of time, energy, social capital and presence are much harder to let go. A sunk cost never boils? A watched pot never catalyzes? Sometimes a group or a movement chooses to remain outside their power.

I have so much less capacity to be present than I’d like. Others may prefer to be distant and still shower up but I find I’m happier with boundaries that are firm and great remove. That means when I do show up you have my full and intimate attention. It’s only right.

You have to prune in order to blossom. One commitment I’m excited to see blossom is the exceptional work of Jonny Miller. He and I will be hosting a Cultivating Calm Workshop for founders and venture capitalists interested in how to apply nervous system regulation techniques to their startup journey.

August 10th at 11am MTN join myself & Jonny Miller for cultivating calm.

As more of us rise up the acceleration curve of artificial intelligence and must maintain our capacity to sense-make, this will help your mind and body function in a chaotic world.

I myself have taken Jonny’s Bootcamp, intend to be in the next cohort (my code JULIE gets you a discount), and I’ll be sponsoring a founder to attend the September cohort so consider this a chance to see if these tools are right for you. My revealed preferences tell you what you need to know.

Categories
Emotional Work Politics

Day 910 and The Chessboard

You can feel it. I know you can. The chessboard is being reset. Pieces are being moved. Gambits are unfolding. Absolutely everyone you know is going a little bit nuts.

I would not be surprised if these small informational disruptions will be recognized as part of a global conflict in a hundred years. I hope my heirs recognize that their mother fought as an information resistance fighters in The Great Dislocation Wars. Or World War 3. Just spitballing.

It’s humorous to me to talk in such a grandiose fashion because the reality on the ground is much of life is just a little bit harder and a little bit worse. But we still presume the world is basically still abiding by the same rules as yesterday.

I often forget how much people don’t want to hold power. The current moment shows a strange ambivalence about wielding anything yourself. Anyone with power is bad right? Well, it’s nuanced.

I want to assure you that your instincts in this matter is largely correct. You should distrust anyone that wants power. Be skeptical of the impulse.

Because being in charge sucks. It’s a shitty job. Anyone who has wielded any power from parenting a toddler to being a CEO probably intuitively knows this.

But once you have been given any legitimate form of authority, choosing to ignore that you wield power is a dereliction of duty.

The trouble with all reactionaries is that they assume once they take over, that their experience of power will somehow be different from the current horrors in charge. If they had bothered to crack open their minds while reading Shakespeare (or Thucydides or the Artashastra or literally any Great Book) they would know all men are subjected to the laws of power.

We lie to ourselves about how power functions because it’s very energetically easy to hand over your power to someone else. To be aggrieved is to have power over those you hold in contempt for exercising their power over you. Don’t be tempted by this trap no matter how righteous your cause.

Once you have picked up the mantle of power you must see through. If your people have given you authority you must see it through or hand it off to someone who will.

It’s very hard to own power. You most likely will not enjoy it. And you will be tempted to shunt off your agency. Just remember that you never carry power alone. It is always in concert with those who have consented to give it to you. Good luck on the great chessboard of life.

Categories
Homesteading

Day 909 and Uninterrupted

I’ve got two uninterrupted months in Montana ahead of me. Maybe I mention this as significant because I spent so much time on the road this spring. I’ve also had multiple catastrophic level dislocations professionally and personally in the front half of the year.

Catastrophic dislocation seems to be the new normal for everyone. I hate to consider that I may have some bargaining & denial about my own thesis at chaotic.capital. But I find myself wishing to be wrong about where I see the future heading. Wouldn’t it be better if our modern lives were getting simpler instead of more complex?

I know that’s a childish fantasy. The complexity in our world has brought about so much good. The costs have been high but the benefits were tangible.

And yet here I am hoping to have some uninterrupted time in a quiet corner of the American empire so that I can cultivate my own strengths. I want to reconnect to myself and recovery from the effort, pain, and grief of living. I want to live and work and build without the chaos of history turning back on again. I dislike how much I now believe ignorance to be bliss.

Categories
Politics

Day 907 and Unaccountable Bureaucrats

We’ve reached a point in America where the consular visa services (for tourism, business & academic visits) as well as the wider immigration services (for people intending to work here, become permanent residents or citizens) have made finding a clear legal path for any type of visa non-viable. The Cato Institute describes it as nearly impossible.

I haven’t been able to get so much as a tourist visa granted in 2 years despite guarantees that I’d be financially and legally liable for the actions of my people. Even when we agree on bringing people in via our refuge system has become an opaque unaccountable path.

Just today the Wall Street Journal reported that we are headed multiple crisis points in health care because there is no way to get into the country legally for nurses. We want nurses.

Our systems feels petty and vindictive to anyone that encounters it including American citizens like me. We treat people who aspire to American life’s like shit. And it appears as if the only paths that work are a system of bribes, fixers, scams, and favors as our immigration systems are opaque and deliberately obscured.

An unaccountable bureaucracy is breeding a system in which only the criminals are rewarded because the only way in is to go around the system.

We have two immigration systems that operate under the same “legal regime” but have totally different administrative regimes and authorities which further confuses the issue.

I can’t believe that I’m the one saying this loudly but a good start to a policy position is simple clear rules based immigration and visa policies that operate with consistently reviewed inputs and yield consistent outputs so both American businesses and its workforce is capable of planning for growth instead.

The doctrine of consular nonreviewability needs to be replaced with a standard of reviews that is clear, legible, and subject to open review so visa applicants and their stakeholders (families, employers, & lawyers) can understand and take action on consistently enforced norms.

Clear judicial review is the basis of any free market economy. This doctrine leaves our economy & families at the mercy of an unquestionable black box capable of life altering irreparable decisions which no one is obligated to explain or even disclose. And it’s not the fault of the consular officers. We are putting folks with little training into situations with unimaginable power (while being tied to confusing criteria which only leads them to cover their ass and reject more people. We can’t have a system of immigration where an unaccountable low level bureaucrat is able to reject an application based on vibes with no recourse.

– A visa for entrepreneurs. Currently we have imperfect workarounds that encourage people to go elsewhere (as it’s now clear the costs are enormous & the timeframes extend into multiple decades) meaning if you want to start a business, even one with funding, there is no clear reviewable path to getting the entrepreneur legal status to run the company in America.

The idea that our economy can’t handle more immigrants. tourists, business or academic travelers from non ESTA countries is simply not based in any reality. We have record low employment and shortages in crucial industries like healthcare which is fueling inflation.

Canada and Australia are letting in 2.5-3x the number of immigrants per capita per year as America. We could easily be smarter and more generous about how we recruit talent instead of encouraging a black market of border crossings for the desperate and ruined.

And we should absolutely be allowing in more visitors for the benefit of our tourism industry as well as our educational and business institutions.

I’ve had people denied entry for family reunions and conference keynotes. Startups now hosts all hands company meet ups in Mexico as they cannot guarantee that their employees can safely get in and out of America. That neither political party wants to address this in a meaningful way is appalling. We are pissing away our lead for partisanship and we can do better.

Categories
Finance Startups

Day 906 and Resilience Tech

I enjoyed a little moment in the sun yesterday when Axios’ Pro Rata featured my pre-seed venture fund chaotic.capital as part of a deep dive on resiliency technology investing. Or if you prefer disaster tech. It was a proud moment for me.

Because I’ve been trained to never miss an opportunity for reasserting who you are and what you stand for I thought I’d publish a portion of the market insights section of my investor letter for the fund. If you want to see the bets, the behind the scenes (hands on is an understatement), and the founders we back I’d welcome accredited investors to see if we’d make sense for you. Slide into my DMs or for the time conserving decisive HNI hop onto AngelList and apply to be an LP in 2 minutes flat.

What is Chaotic Capital?

In an era of institutional distrust, social change, and global instability, we invest in ideas that adapt humanity to our new chaotic era. What does that mean? We like things that help small groups have the impact of big groups and big groups have the agility of small groups. Enabling resilience in the face of unexpected & rapid change is our lodestar.

I publish an investor letter every quarter and you can always visit jfredrickson.com, where I write every single day about whatever I’m thinking about. You are also welcome to DM me on Twitter @AlmostMedia or text me on Signal. My email is julie at chaotic dot capital.

Market Insights on Q223

The rise of cryptography, machine learning, and artificial general intelligence are overlaid onto a geopolitical reality of resource competition in an increasingly multi-polar world. To use an entirely different metaphor, chaos is a ladder that we are here to climb.

Our thesis at chaotic.capital centered on identifying, investing in, and supporting companies that adapt our lives, businesses & systems to the opportunities and challenges that chaos brings. We call it resilience technology.

We believe these companies will generate outsized returns over the next decade as individuals, companies, and societies look to become more flexible, independent, and sustainable. But it’s bigger than that.  

Most builders remain deeply skeptical of Noble Lies, “for your own good” safetyism, regulatory capture, oligopoly control, and the centralized nation state control as the most effective methodology of innovation for a dynamic pluralistic human future. We are having cultural and financial reformations at a frightening speed. It’s beyond future shock now. 

Twitter critics can stroke their chin with practiced skepticism, but if you believe in American Dynamism as I do, you know that our history has shown that it is resilient, flexible, brilliant individuals coming together which defeats the totalitarian and slays the no-win scenario. You have to enable the brilliant weirdos and trust them to solve problems.

Like Captain Kirk once said to Spock, we must make the best guesses we can.

Spock: Mr. Scott cannot give me exact figures, Admiral, so… I will make a guess.

James T. Kirk: A guess? You, Spock? That’s extraordinary.

Spock: [to McCoy] I don’t think he understands.

Leonard McCoy: No, Spock. He means that he feels safer about your guesses than most other people’s facts.

Spock: Then you’re saying… it is a compliment?

Leonard McCoy: It is.

Spock: Ah. Then I will try to make the best guess I can.

Star Trek IV: The Voyage Home

My best guess? As your chosen doomer-optimist, crypto-libertarian. American-patriot, dynamic futurist, pre-seed emerging fund manager, who has plenty of facts but still has the responsibility of making decisions without full information? Tools for everyone wins the future.

It will take all of us coordinating in freedom to defeat Moloch from sacrificing more of us. Uncle Screwtape wants our egos to believe we can deliver safety and control, we know it is a lie. The Ring of Power tempts us to consider “why not me? Don’t I deserve this power?”

Choose your franchise my fellow nerds and chosen ones; because you know the crown is heavy, the ring perverts, and absolute power corrupts absolutely. So what do we do? We band together. And we enable more of us to join our merry band of future builders.

To balance out centralizing forces, institutional preservation and “we had no choice” moralizing malfeasance, we must give the people tools to build because sometimes our best guesses are demonstrably better than other people’s “facts”

Categories
Media

Day 905 and Shilling Myself

I should be shilling myself in today’s installment of writing everyday. But I’m a little tired to pull off the full bragging I’d like. One of my favorite financial news and analysis sources, Axios Pro-Rata, featured my little pre-seed fund chaotic.capital with an in-depth look at resiliency technology.

It’s a big deal to me because in-depth trade reporting is where the nuts and bolts of an industry are discussed. Anytime I’ve built something of value it was always the beat reporters who recognized it first.

Women’s Wear Daily was my big break in e-commerce and social media for my first startup Coutorture. Beauty Packaging’s company of the year award was a huge win for my cosmetics brand Stowaway. CoinDesk recognized my work on corporate governance structures and financing coordination. The trades matter more to outcome than glossies in the early days.

I’d like to think the LPs who will appreciate me as an emerging fund manager will find me from Axios Pro-Rata. And I sure would like for them to see my expanded viewpoint on the space right here on my daily essay.

I even had the good luck of preparing my quarterly investor update the day before this article hit everyone’s newsletter inboxes. So I’ve got all the materials ready to go.

Alas I’m wiped from a week of life happening (a death in the family) and the general excitement of the global summer solstice mania that’s gripping all the timelines.

So I don’t want to shill and flak myself right now. I just want to enjoy the feeling of pride that comes from seeing your work recognized with a proof-point all your peers respect. I’ll make sure to copy over the investor letter tomorrow. Stretch out my own little news cycle.