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It’s the network effects you mentioned. The reason to be here is because people are here. When a scene gets hot, there's always the danger of grouthink. There
by stcredzero 8y ago
It’s the network effects you mentioned. The reason to be here is because people are here.
When a scene gets hot, there's always the danger of grouthink. There is far too much groupthink here. Much of it now is even the toxic kind. "Fear is the mind-killer." However, fear is only the start, only the beachhead. Groupthink is the main body, and it's the mechanism whereby the mind-killing starts to result in real world consequences.
When a scene gets hot, and there's real money and power to be had, it also attracts the sociopaths.
https://meaningness.com/geeks-mops-sociopaths https://meaningness.com/geeks-mops-sociopaths
- PaulHoule 8y agoIt's all about the exits. You could never get an exit if you were based in Chicago or St. Louis or Montana, etc.
- elpakal 8y agoBased in Colorado. Just wondering if you could expand on this. Seems like what you are saying is no startups in Montana ever get exits - personally I think that's because startups seeking an exit end of moving to The Bay Area because of all the factors being mentioned here.
- chrisco255 8y agoWho cares about exits? Let's build sustainable businesses that operate profitably without insane VC money.
- borski 8y agoI know you’re asking earnestly, but the sad truth is the vast majority of startup founders care about the exit. Usually they also fail, unless it isn’t their main motivation, but the answer to your question is: most people who start companies.
- Nasrudith 8y agoYeah in many cases it is "get something cool first and then leave it for somebody else to come up with a business model". Given the fleeting nature of success it makes sense to sell the first one and get enough to retire or be able to afford to lose.
- stcredzero 8y agoBetween this, and the great-grandparent comment, this is a perspective-changing thread.
- tptacek 8y agoYou might have a hard time getting funding in Chicago. I don't see what Chicago would have to do with your getting an exit. Duo just sold to Cisco for $2.3B, and they're in Ann Arbor.
- d-sc 8y agoSpeaking as a Montanian, it’s been done before. https://en.m.wikipedia.org/wiki/RightNow_Technologies https://en.m.wikipedia.org/wiki/RightNow_Technologies