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This (both the post and the comments here) are very interesting to me from a "some people are intrinsically optimistic and some people are intrinsically pessimi
by visakanv 11y ago
This (both the post and the comments here) are very interesting to me from a "some people are intrinsically optimistic and some people are intrinsically pessimistic" point of view.
> Homejoy and ‘fail’ have gotten tethered together in the tech headlines recently but for myself and many of my colleagues Homejoy will always be more synonymous with success than failure.
Rationalization is a hell of a drug And I don't mean that in a snarky way– synthesized happiness every bit as "real" as "genuine" happiness. The brain doesn't discriminate.
Dan Gilbert did a great TED talk [1] about this:
> "Who are these characters who are so damn happy? The first one is Jim Wright. Some of you are old enough to remember: he was the chairman of the House of Representatives and he resigned in disgrace when this young Republican named Newt Gingrich found out about a shady book deal he had done. He lost everything. The most powerful Democrat in the country lost everything. He lost his money, he lost his power. What does he have to say all these years later? "I am so much better off physically, financially, mentally and in almost every other way." What other way would there be to be better off? Vegetably? Minerally? Animally? He's pretty much covered them there."
Startups are often started by wildly optimistic people, while Internet messageboards tend to be populated by wildly pessimistic people. I'm not saying that either is better or worse, but it's an interesting phenomenon to witness.
So the interesting thing here is... while Homejoy is obviously a failure, I legitimately believe that OP feels good about himself, and probably better than some successful founders feel about their successful startups.
Rationalization is a hell of a drug. [2]
PS: Another lesson I think the cynics and pessimists could take away from this (but, by definition, probably won't) is that you can get away with a lot more failure in this world than you imagine, and still probably end up on top. OP is still probably better off than a lot of us career-ily and in many other ways.
I wonder, if blind optimism could be sold in a drink like coffee, would it be worth buying (in terms of net impact on well-being?) Seems like it might be. Curious for your thoughts.
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[1] https://www.ted.com/talks/dan_gilbert_asks_why_are_we_happy https://www.ted.com/talks/dan_gilbert_asks_why_are_we_happy
[2] https://www.psychologytoday.com/blog/dont-delay/200912/downside-manufacturing-our-own-happiness https://www.psychologytoday.com/blog/dont-delay/200912/downs...
- danieltillett 11y agoIt is fine for the team from Homejoy to be wild optimists, but not the VC investors. They are supposed to be a fiduciary with their limited partners money.
- visakanv 11y ago> It is fine for the team from Homejoy to be wild optimists, but not the VC investors. Hmm... I don't know if I agree or disagree. I think a VC's experience must be pretty unnerving– she probably turns down seemingly lousy deals and then watches them go on to be staggeringly successful. And that makes her wonder if she's too conservative, maybe. I don't know. I believe that the partners also expect their VCs to take risks, and would rather burn money (which is difficult for common folks like us to relate to) on 100 bad startups than miss out on 1 home run. After all, if the VC screw-ups are not tolerated, the partners will just cut off their money supply. This isn't happening, or hasn't happened yet. Which signals to the VCs to continue taking risks.
- danieltillett 11y agoI would love to be a VC. Someone gives you 100s of millions dollars which you don’t have to give back for 10 years and which you can spend on whatever crazy ideas you like. Just follow the herd and no one will blame you if you lose the lot and if the herd is right you make out like a bandit. It is a game of heads you lose, tails I win.
- mbesto 11y agoExcept categorically is an awful business to be in. You might not have a job after your first LP, if your LP fails to return. It's an extremely binary business model - you either succeed in the top 10% of all VC funds available or you simply pack up and do something else. That's why you typically see people get into the VC business when money is not an issue for them...fund failure is much easier to stomach.
- 11y ago