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The word 'values' often has a strong connotation with bullshit. Probably because of it being used in superficial ways, counterfeited values. This is one of thos

The word 'values' often has a strong connotation with bullshit. Probably because of it being used in superficial ways, counterfeited values. This is one of those things that you cannot 'fake until you make it'. They are there or they are not. Despite these associations of subjectivity, obfuscation and vagueness, it is very important. The power of this to attract people to your banner can never be underestimated. It is something that resonates deeply in our brains, that makes us work together in a way nothing else can. Musk would be nowhere close to where he is today without having enough people believe in his company. People are willing to work harder, for less money, to be part of the story.

someguydave 10y ago
> People are willing to work harder, for less money, to be part of the story. Much of what makes "silicon valley work" is exactly this - people who grew up in Middle America and who have low time preferences managed to get a good education. They are then misled by the spirit of the times into coming to the coasts and largely working for less than a market-clearing wage. Generally they do this because they think they will "make a difference" or "get a fat paycheck when the equity comes in". Looked at this way, it seems that silicon valley is an engine running on fumes. Eventually employees with skills will demand market clearing wages.
someguydave 10y ago
> People are willing to work harder, for less money, to be part of the story. Much of what makes "silicon valley work" is exactly this - people who grew up in Middle America and who have low time preferences managed to get a good education. They are then misled by the spirit of the times into coming to the coasts and largely working for less than a market-clearing wage. Generally they do this because they think they will "make a difference" or "get a fat paycheck when the equity comes in". Looked at this way, it seems that silicon valley is an engine running on fumes. Eventually employees with skills will demand market clearing wages.

someguydave 10y ago

> People are willing to work harder, for less money, to be part of the story. Much of what makes "silicon valley work" is exactly this - people who grew up in Middle America and who have low time preferences managed to get a good education. They are then misled by the spirit of the times into coming to the coasts and largely working for less than a market-clearing wage. Generally they do this because they think they will "make a difference" or "get a fat paycheck when the equity comes in". Looked at this way, it seems that silicon valley is an engine running on fumes. Eventually employees with skills will demand market clearing wages.

someguydave 10y ago