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Ride It to the SkyDon't Die of Heart Disease
During my "hiatus" I've been doing research in a variety of different areas that interest me. After a personal experience with basal c...
Ride It to the SkyThe Deal
Founders have little to no diversification. They are all in on one idea, company, and mission. It's an insanely high-risk, high-reward endeavor. As founders become increasingly wary of this level of risk concentration, they begin to think about ways to mitigate it. One idea I've heard repeatedly is the notion that a group of founders can self-assemble and contribute a percentage of their equity in their company to a shared pool. That way, if they fail and one of the other founders in the grou...
Ride It to the SkySequoia Wants It Hard
I have seen a lot of young first-time founders play it fast and loose in their fundraising processes the past several years. It’s been frothy times, so I think it brings out a lot of strange behavior. It got me thinking of when I was a young founder and the things I’d do, particularly one specific story that I tell people when I get asked “what not to do” when fundraising. Back in 2010 Steve and I launched GroupMe to much fanfare. It got a lot of attention out the gate because we built it at ...
Ride It to the SkyDon't Die of Heart Disease
During my "hiatus" I've been doing research in a variety of different areas that interest me. After a personal experience with basal c...
Ride It to the SkyThe Deal
Founders have little to no diversification. They are all in on one idea, company, and mission. It's an insanely high-risk, high-reward endeavor. As founders become increasingly wary of this level of risk concentration, they begin to think about ways to mitigate it. One idea I've heard repeatedly is the notion that a group of founders can self-assemble and contribute a percentage of their equity in their company to a shared pool. That way, if they fail and one of the other founders in the grou...
Ride It to the SkySequoia Wants It Hard
I have seen a lot of young first-time founders play it fast and loose in their fundraising processes the past several years. It’s been frothy times, so I think it brings out a lot of strange behavior. It got me thinking of when I was a young founder and the things I’d do, particularly one specific story that I tell people when I get asked “what not to do” when fundraising. Back in 2010 Steve and I launched GroupMe to much fanfare. It got a lot of attention out the gate because we built it at ...
Several years ago I was listening to a podcast where someone mentioned how change happens slowly, and then all at once. The phrase has stuck with me. I looked it up and the quote is attributed to John Green by way of Ernest Hemingway's The Sun Also Rises where he wrote, "Gradually, then suddenly" as an answer to the question, "How did you go bankrupt?"
I think about this concept a lot with regards to how we experience things. Within technology, we are beginning to see how AI is permeating our daily lives in small ways. Search results are changing with Google Bard, auto-complete populates our emails and documents, recommendations about what content to watch or read are surfaced to us in every nook and cranny of the internet, and we are beginning to engage with new chatbots to ask questions, get answers, do work, save time and get inspired. These changes have been happening for a while, but they are beginning to compound and rapidly accelerate, becoming omnipresent in our lives.
It feels something like an exponential curve.
Several years ago I was listening to a podcast where someone mentioned how change happens slowly, and then all at once. The phrase has stuck with me. I looked it up and the quote is attributed to John Green by way of Ernest Hemingway's The Sun Also Rises where he wrote, "Gradually, then suddenly" as an answer to the question, "How did you go bankrupt?"
I think about this concept a lot with regards to how we experience things. Within technology, we are beginning to see how AI is permeating our daily lives in small ways. Search results are changing with Google Bard, auto-complete populates our emails and documents, recommendations about what content to watch or read are surfaced to us in every nook and cranny of the internet, and we are beginning to engage with new chatbots to ask questions, get answers, do work, save time and get inspired. These changes have been happening for a while, but they are beginning to compound and rapidly accelerate, becoming omnipresent in our lives.
It feels something like an exponential curve.
A Midjourney image from the prompt: "A simple graph of an exponential curve with no labels on the x and y axes"
More than ever, it seems we are experiencing this type of change across so many different vectors.
The social networks that defined our digital lives over the early 2000's and 2010's have morphed into algorithmically controlled media channels. It happened slowly, and now it's pervasive.
Adoption of electric vehicles was a slow slog for decades and has now hit an inflection point.
Solar power was a blip on the energy map and now is a leading form of energy production.
The erosion of democratic norms and personal freedoms happened slowly, and now these issues dominate the agendas of state legislatures across the country and the Supreme Court.
The climate crisis went from something some people experienced and talked about to something everyone experiences through widespread floods, heatwaves, and fires.
The list goes on and on, and the pace of change in our world continues to accelerate. These are changes that are hard to recognize in the moment, but are always abundantly clear as they inflect and in retrospect. The thing that's helped me most in navigating these times is practicing mindfulness (I really like the Waking Up app by Sam Harris) and finding the time to slow down and observe things as they are. When it comes to building and changing things, a nice complement to "Gradually, then suddenly" is the Bill Gates quote: "people overestimate what they can do in one year and underestimate what they can do in 10 years." It's hard to change the way things work quickly, but grit pays off in the long run.
A Midjourney image from the prompt: "A simple graph of an exponential curve with no labels on the x and y axes"
More than ever, it seems we are experiencing this type of change across so many different vectors.
The social networks that defined our digital lives over the early 2000's and 2010's have morphed into algorithmically controlled media channels. It happened slowly, and now it's pervasive.
Adoption of electric vehicles was a slow slog for decades and has now hit an inflection point.
Solar power was a blip on the energy map and now is a leading form of energy production.
The erosion of democratic norms and personal freedoms happened slowly, and now these issues dominate the agendas of state legislatures across the country and the Supreme Court.
The climate crisis went from something some people experienced and talked about to something everyone experiences through widespread floods, heatwaves, and fires.
The list goes on and on, and the pace of change in our world continues to accelerate. These are changes that are hard to recognize in the moment, but are always abundantly clear as they inflect and in retrospect. The thing that's helped me most in navigating these times is practicing mindfulness (I really like the Waking Up app by Sam Harris) and finding the time to slow down and observe things as they are. When it comes to building and changing things, a nice complement to "Gradually, then suddenly" is the Bill Gates quote: "people overestimate what they can do in one year and underestimate what they can do in 10 years." It's hard to change the way things work quickly, but grit pays off in the long run.
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