Name another VC that wears spurs
The title wouldn't instantly tip me off, because generally I would assume it was a metaphor. But yes, Chris Sacca actually wears spurs.
Hanging up my spurs
51–60 of 195 posts
Re: Hanging up my spurs
#52Chris Sacca's background story is little known and he talks about it at length with Jason Calacanis. The part about him losing millions while still at university is as shocking as his recovery from the setback is amazing. Check out https://www.youtube.com/watch?v=6VOQnK7O2To
His Foundation episode with Kevin Rose is pretty good as well.
Re: Hanging up my spurs
#53Chris Sacca is one of the few VCs that people outside of the SV bubble and even the tech world know and associate with the valley. He, along with Mark Cuban & potentially a few others will likely be part of the few of this era remembered many decades from now when history gets consolidated into a few figures, much like Gordon Moore of Intel & William Shockley of the Mountain View of the 1950's.
I really don't think Mark Cuban will be on that list.
...but he put radio on the internet!
Re: Hanging up my spurs
#54It's interesting to think about this decision in the context of Nassim Taleb's writing. If you have a large sample of investors, some of them would be good just by chance. It's possible that Chris Sacca is not good just by chance, but we can't really know, and that is an excellent feature of walking away at this point. Most people will just tell themselves that Sacca "beat the game" and left. It could easily be that he got super lucky and realized it.
Re: Hanging up my spurs
#55Earlier quoted context omitted.
No, he's not squandering anything. He's placing a higher value on time with his kids and wife than on time with an "ambitious" founder. No one deserves anything or is required to do anything.
Yes, of course it's his right to do whatever he wants. I'm just suggesting there's a moral imperative to do something when you can. "With great power comes great responsibility." "To whom much is given, much is required." That kind of thing. It's amazing how few people in Silicon Valley make a billion dollars and then go on to do anything useful with it at all. This criticism applies to the ten thousand people, like…
From what primary facts does such a moral imperative arise? I would suggest that there is no such moral imperative at all and no one should accept that there is until the foundation of such an imperative is clearly and rationally stated. Many make the presumptive leap that morality must necessarily be altruistic with little rational basis for that leap. I disagree that genuine altruism is a moral necessity and will do so until I see substantial, rational arguments as to why altruist moral systems are superior to egoist moral systems. (note that benevolence != altruistic and exists comfortably within egoist moral systems).
Re: Hanging up my spurs
#56> As a rich white guy, being an activist/loudmouth in the #resistance often means taking up political positions that are against my own apparent self-interest. These oppressive zealots in the White House...
> You mean beyond fighting a despotic regime...
> I assure you, that’s not going to happen. Nevertheless, I am spending a great deal of time meeting with all of the beautifully spontaneous and decentralized organizations that have been popping up in the wake of our electoral calamity as well as dozens of candidates at all levels of government. I find so much hope in the new wave of leaders and builders who are standing up during these times and I want to be there to support them. I will have more to say about this in the days ahead, but, you know the drill.
I'm sure that this is a common sentiment out in the Valley, but it's really kinda distressing to see people with access to so much capital writing with such melodrama.
There's so much wrong at the local level--homelessness, education, people broke with medical problems--and yet these folks seem a lot more concerned with a strawman oppression.
Re: Hanging up my spurs
#57So smart money is leaving startup/VC/SV...it'd be interesting to see who's been swimming naked all these years when the bubble bursts this Fall
edit: oooh, definitely a touchy subject around here ;)
Re: Hanging up my spurs
#58Chris Sacca is one of the few VCs that people outside of the SV bubble and even the tech world know and associate with the valley. He, along with Mark Cuban & potentially a few others will likely be part of the few of this era remembered many decades from now when history gets consolidated into a few figures, much like Gordon Moore of Intel & William Shockley of the Mountain View of the 1950's.
Mark Cuban got rich of one deal that probably shouldn't have happened in the first place. He got very lucky.
Re: Hanging up my spurs
#59I just started listening to the Startup podcast, which features Chris in the first episode. He seems to be a very intelligent and talented guy while still remaining grounded. I wish him well with his future endeavors. Also, ten minutes after reading the article, I just realized the pun in the name "Lowercase Capital."
What's the pun?
Re: Hanging up my spurs
#60> As a rich white guy, being an activist/loudmouth in the #resistance often means taking up political positions that are against my own apparent self-interest. These oppressive zealots in the White House... > You mean beyond fighting a despotic regime... > I assure you, that’s not going to happen. Nevertheless, I am spending a great deal of time meeting with all of the beautifully spontaneous and decentralized organi…
It's not a strawman opposition when you see people you work with unable to re-enter the country, environmental leadership questioning the human role in global warming (or even the role of CO2 in warming!), members of organizations that openly identify with the Nazi movement as first tier advisors to the president, etc...
This is not a strawman, this is real and it's worth fighting.
So are the other things you mention, but everyone is free to pick their fight.