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The Gang Has a Mid-Life Crisis

chris-martin.org

291–297 of 297 posts

Re: The Gang Has a Mid-Life Crisis

#291

Earlier quoted context omitted.

Knowing when the problem is fully solved is hard. But we currently have a President who described participants in a white supremacist rally as "a lot of good people on both sides" so I think we are very far away from needing a precise definition of "done".

[flagged]

Casual mentions of “IQ gaps” are flamebait and thus offtopic on Hacker News.

Eschew flamebait. Avoid generic tangents. Omit internet tropes.

https://news.ycombinator.com/newsguidelines.html

Re: The Gang Has a Mid-Life Crisis

#292

Earlier quoted context omitted.

Can't you just as easily make the opposite argument? Founders that have a safety net have less drive and motivation to give it their all, because they have a safety net. They simply just don't have the same pressure to not fail, because if they do - no biggie. The founder with no safety net, no real backup, needs to give it his all, because he's doomed if his idea doesn't work out.

I’m not sure you really can, at least not in the way it’s often portrayed. Founders usually need a high level of skill or a clearly transferable capability in something already valuable. That phrase gets repeated a lot, but the more I think about it, the more it feels like an oversimplification. Maybe there’s a version of it that works, but it’s probably more about reframing or uncovering hidden leverage than startin…

Money, education, powerful parents, safety nets, a good upbringing: these things are levers that multiply the work you put into things. I think a lot of people put the maximum effort into their work and lives, but these levers mean that existing privilege will usually result in amplified results for the same input level of effort.

Re: The Gang Has a Mid-Life Crisis

#293
post #291

Earlier quoted context omitted.

[flagged]

Casual mentions of “IQ gaps” are flamebait and thus offtopic on Hacker News. Eschew flamebait. Avoid generic tangents. Omit internet tropes. https://news.ycombinator.com/newsguidelines.html

Sorry, not my intent to flamebait. I'll drop it.

Re: The Gang Has a Mid-Life Crisis

#294
post #148

Earlier quoted context omitted.

> They clearly did something different Survivorship bias that results from looking back at the winners. If we asked 1000 people to flip a coin 10 times, probability says one will end up flipping heads 10 times in a row. Looking only backwards after the fact, what did he do different? Is he just a better coin flipper? There is likely a person in their 20s right now who in 40 years we will look back on because they fou…

I think the point is, most people don't even flip the coin, you're making a false equivalence.

I think the false equivalence is in your very comment, the point GP is making is that everyone is flipping the coin, just that one guy will get heads 100 times in a row, and the vast majority of people won't.

Re: The Gang Has a Mid-Life Crisis

#295
post #25

I didn't agree with everything, but I did with a lot; in particular this: > As Julie says when someone repeats that Amazon was started in a garage: Ain't no garages in the trailer park. Not sure who Julie is, but I think she's spot on.

[deleted]

Re: The Gang Has a Mid-Life Crisis

#297
post #25

I didn't agree with everything, but I did with a lot; in particular this: > As Julie says when someone repeats that Amazon was started in a garage: Ain't no garages in the trailer park. Not sure who Julie is, but I think she's spot on.

Ain't no garages in low rise apartments either. I'm really believing now that the lack of hard science startups in the past decade+ is a byproduct of the US housing crisis. No single family home with a garage, no space to physically put a server.
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