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It's kind of disheartening that an investor wouldn't recognize that having a huge gap between their utility function and the founder's utility function is a bad
by mos1 17y ago
It's kind of disheartening that an investor wouldn't recognize that having a huge gap between their utility function and the founder's utility function is a bad thing.
- rms 17y agoI assume you read Less Wrong? The median founder and VC probably never think about the concept of the personal utility function.
- mos1 17y agoNope, haven't read it. Can you give me a thumbs up/down on it? I picked up the utility concept from my financial background.
- rms 17y agoOh, Less Wrong is awesome. It's a group blog running on a rather cool hack of the Reddit source code. The founder and most prolific and frequently upvoted blogger is Eliezer Yudkowsky. My favorite single piece by him is probably That Alien Message: http://lesswrong.com/lw/qk/that_alien_message/ http://lesswrong.com/lw/qk/that_alien_message/ If you want to read more of Eliezer's writing, his book will come out eventually, but until then it is organized here. http://wiki.lesswrong.com/wiki/Sequences http://wiki.lesswrong.com/wiki/Sequences His sci-fi novella, Three World's Collide is great sci-fi and serves as a not too hard to read introduction to the general values of Less Wrong. http://lesswrong.com/lw/y4/three_worlds_collide_08/ http://lesswrong.com/lw/y4/three_worlds_collide_08/ The kinds of posts that make it to the front page of Less Wrong now are often esoteric and boring. Most of the value in the site is in the archives. Note though, that the comments on Less Wrong are interesting because the level of discourse is ridiculously high. You cannot say things that are wrong; someone will downmod you and call you out on it. It's really hard to comment on Less Wrong. Learning how to keep up with the discourse and be able to reply to comments without getting downmodded feels like it has made me a lot smarter.