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This is called countersignaling. Basically, if everybody else invests into doing X and somebody conspicuously does not, it's taken as a signal that they're so
by rippercushions 4y ago
This is called countersignaling. Basically, if everybody else invests into doing X and somebody conspicuously does not, it's taken as a signal that they're so good that they don't need to.
https://en.wikipedia.org/wiki/Countersignaling https://en.wikipedia.org/wiki/Countersignaling
- bachmanity1212 4y agoThere is an episode of the Silicon Valley series where the team tries to increase their VC funding by becoming increasingly toxic and abusive with the VCs they meet, and they end up signing with the biggest offer they got, after one of them literally puts his genitals on the table during negotiation. Turns out this was hitting very close to the truth. That show was great to show how much a clown world SV can be.
- rippercushions 4y agohttps://youtu.be/N6Zz-Nkkaxc https://youtu.be/N6Zz-Nkkaxc