Letters to a Young VC: Letter Seven
A collection of letters encompassing simple insights and recognition of foundational shifts that any bright minds trapped within the old norms of a VC mindset can use to break free, whether they are just starting their journey or reflecting back on what they wish someone had told them in their early days.
Letter Seven in the Letters to a Young VC series is now live.
I just watched Rounders for the first time, catching up to the insider linguistic tricks feels long overdue. Like how loan shark copycat financiers saving so much fictional wealth for the swim back are long overdue.
Gattaca, The Gambler — don’t want to give too much of a playbook — but the common thread is knowing which game you’re playing, and who you’re being played against.
Is it enough to run the table with a study heavy game, and check, check, check on inflationary ego easing in mirrors made for humble and hungry reflection? Hedge those bets against all the talk circuit anxious for clickbait peacock bros.
Vitalik, that’s a bit of an antidote to the all that false priors squawking, and another great set of threads purveyed. This week he dealt premium hands for tale tellers that know how to spot the right tells.
An away team aboard the Kobayashi Maru message reminder: It’s far more interesting to build mechanisms which generate new options with each flop, turn, river revolution — for wealth of the kind created by primary means of production in the hands of a self-sovereign networked all, not needing to be borrowed as hand me down promisaries laden with bluffed burdens. Nothing personal — yet — just don’t have time for anything less.