Twitter, Basketball, LEX discussed on Venture Stories

Venture Stories


Humans, and by the way, the most potent leaderboards are ones where you have tribal familiarity with your peers in the leader board. So it's one thing to get likes from bots nothing to get likes from like people, you know. And of course, the most amazing things to get lex from people, you respect just why I think everyone immediately when they get likes tries to look at immediately or any of those accounts verified because what does that telling you that that's telling you that you got approval from people higher up the leaderboard. But, but what happens is you issue that tweet you get some positive feedback. And then I think your brain is doing the right thing which was like, well that was a pleasant experience. I think we should do that again. And then it reshapes your thinking. And and I don't know to what degree, you know, everyone kind of feels. The more frenetic these days and a little bit slightly more ADD. I believe Harvard publicist pacer paper about attention deficit syndrome. It's not a disorder. Now. It's just like a thing you have. And I wonder to what degree a lot of this is a byproduct of y-. You are literally training your brain to think in the shortest version communication as possible all the time or your training, the brain to to have the most the ideas that will create the most kind of reactionary content the one final variant on this. And I don't spend too much time on Twitter. His actually think one, you know. So one thing people will say is like look Daniel, thanks for that idea. But ultimately Twitter is just used amongst the, you know, Silicon Valley, you know, media Lee sexually not used broadly by the world, which is somewhat true. But the twist here is it's used by journalists and journalists create information that spreads throughout the world. So if you've you Trump as an you know, again as a as a kind of a property that emerges from Twitter. It's not because your average kind of NRA card-carrying American. Our reading Twitter. I don't think so the journalists are and journalists are trying to create, you know, now journalists are in this mindset, where they're trying to maximize likes and that is really changing the types of articles they read and the conversations they have at their offsites at FOX or CNN or CNBC. And so not since I think it has a second order effect where it's really changing global psychology. But it is a game alternately, and this why this why think it's so important to be careful what you reward in what you measure. We'll optimize for it. You have my friend sent me the site where you could see who and followed you. Of course, I see if you follow me utterly dead to me. Now, I'm taking care. Of course. You know, why do you care? It's a very interesting. I think you care for a very important reason. So here's a here's another slightly contrarian thing for us. We are. I think the Silicon Valley mindset is you should not care. What other people think about you? You are weak. If you care what other people think about you. And you know, Bob, Keegan has actually done a lot of work on the psychology of adults has it's interesting framework reaction views people who have. What's it called what he calls? The socialized mindset is somewhat neat Neanderthal. Eq you want to evolve you want to be beyond what people think about you. It's not clear to me that that is true. Because what other people think about you, especially the people you respect think about you is a very important signal as to whether you are doing the right thing or not. And I'd imagine it has a long standing million year tribal history of gosh. If the elder don't think this is good. It may not be good. It could very well. Be that. I dunno. Everyone's upset at you. Because you're like walking around naked. It could be that that is a bad idea. If you believe in the concept of decency and went up to go down that rabbit hole. You get my point. So you do care who on follows you. Because those people have basically decided to vote and say, your idea's are bad or uninteresting to me on you should learn from that now, maybe you should take the opinion that those people are just of a different tribe. You know, and and there's no need for your ideas to connect or maybe the wrong. But I don't know. Maybe they're right. Maybe you should learn from it. So actually think it's prob. Wrong for us to not care. What people think about us? Now, you can care too much. But actually think the right framework here is a balance as opposed to complete and utter rejection of what others think about you. Because then again, you end up like Japan, which is great, but very alien to the rest of the world in a global. It's an exercising compartmentalizing. Yeah. So thinking about games in Broadway of perhaps game design was they we're talking basketball earlier basketball some sense zero-sum game like there's winner, and there's lizards, and I have to be you pioneer feels and other games more positive. So I can win you can win. You'll sue I'm curious in life. What types of games were types of things even are positive some Rivera. So for example, you know, giving someone credit is at positives on when you give someone you respect recognition or award. Or when you have a lot of friends like what types of things, you were you having more of it takes away specialness for someone else. Maybe that's related to the book infinite games, which I know you're fan of but has it landed on you. So so one important thing to note about pioneer. There are multiple winners every month. So it is not like fortnight in the sense that there's one person left standing there multiple people that can win. And I think that's a very fundamental component. If players kind of sense a limited amount of oxygen in the room. Then it's really hard to engender cooperation amongst players and people. Tend to start playing have kind of a very short mind mindset in terms of cooperation, helping others. So you definitely do on a figure out how to craft something that is expansive enough. So that it feels like, yeah, we could work together. Here we could cooperate because we can kind of all win and you see this like a to exit the gaming world. You see this happen in markets. We have different managers. So for example, in the venture world because there's limited amount of oxygen to go around you'll often see funds compete, and it's not actually a very collaborative environment say between sequoia Andriessen, and they may respect each other at a very high level, but it's very competitive. Whereas it's quite interesting. If you look at it in the hedge fund world, especially when they're trying to figure out what calls to do because you know, we can put in a ten million dollar trade. You guys can put into ten million dollars. There's much more sharing of ideas, and it's a much more positive world. In fact, hedge funds have these like off sites where different fund managers go, and trade ideas that would never you would never see an offset in bed. Yeah. Here's the companies. We're looking at what do you think? So so the key here is you have to have the sense that we can all kind of win together another way to, cultivate, that sense. And this is where finite and infinite games as quite helpful reference is to try to make the case that this thing that we're doing let's imagine there's there is a limited amount of deal flow this investment in the company that we're doing I'm happy to split it with you. Because the game on maximizing in life is not making a return on this investment. It's having a relationship with you and having a relationship with you will mean ten thousand other investments down the road. It'll mean our kids can play together. It'll mean, we'll have a great life. We're playing an infinite game where it's not really clear what the end is. We're just rolling it over over and over and that occasionally happens in the angel investor world, right? Where you have like a small allocation in you'll split it with someone because you kind of want to build a longstanding relationships that kind of fold over and over. So so another approach is to try to engender, infinite gamesmanship amongst people. Where you're not really worried about like is this thing gonna work out. You kind of have faith that it will work out, and you want to very long term time horizon with that person to other quick thoughts here on Gleich. Zero-some versus non zero-some. The other thing that I think you have to do to engender healthy competition on the we kind of touched on earlier is and we care about this a lot with pioneer at something. We actually need to do a better job at the matchups between players need to be exciting. And interesting needs to be novelty.

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