4 ms·
As a fellow aspiring essayist and man of letters, please greet this comment with a bit of forgiveness for I assure you I have the utmost empathy for anyone task
by sharker8 7y ago
As a fellow aspiring essayist and man of letters, please greet this comment with a bit of forgiveness for I assure you I have the utmost empathy for anyone tasked with writing an essay in the genre of "generalizable advice for startup founders and investors" or "observations on capitalism and the role of startups therein". But let my gripe also be recorded as follows. Why must we continually imbibe to the dogma of successful angel investors with such utter disregard for critical thinking? Upon first glance I noticed the recycling of the old trope the iPhone, which I've seen before in this essayist's prose. Steve Ballmer pointed out that it was the bundling of the iPhone with AT&T contracts that allowed it to expand, not some merry band of first generation iPhone lovers. I recall with equal love and loyalty my Creative Zen Mosaic mp3 player, circa 2009, which led to no such outcome for Creative, not for lack of my extreme love and admiration. And let it also be known that the essay commits no shortage of fallacies, most notably the straw man fallacy, in which we are led to believe that most investors think only about the current size of the market. Either we are supposed to believe that those in positions of wealth, power, and influence, have no concept of how markets might change in size over time, or might not have a concept of time altogether. Both equally unlikely. Instead, we tell ourselves smugly, that investors must all be robber baron caricatures like the oilmen of yore or the real estate tycoon who now inhabits the white house, completely unaware of the changing and dynamic nature of the world, and that we, though we may be poor, might be able to create fabulous wealth with this secret knowledge.