Two cluster of events in 2024, so far, have changed my mind about the nature of the entrepreneurial firm: The post I shared in March, 2024 titled Honesty, Error, Deception, Fraud was a direct response a part of what I experienced in January. It represented the most coherent summary of what I thought I saw and heard. The post in May, Non-fictional intent in fictional contexts was a follow-on about belief, make-believe, deception, and self-deception. July’s post on The nature of secrets – a secret having a component of deception and often a non-fictional intent was in part a response to re-reading prior material with new eyes. The nature of belief, self-belief, self-object-belief, deception, self-deception, make-belief, belief-speaking, delusion, performance, performance[…]
Tag: startups
It took a lot of effort reconcile two forms of order: letters and numbers. Numbers had identities because they had names. Just as I was picking up the sound of names fourteen, sixteen, seventeen, eighteen, nineteen, and the mysteries of numbers that began with twenty, I became quite frustrated with eleven and twelve. Here were two sets of two symbols with distinct names that didn’t fit. They broke the pattern, the beautiful symmetry, between place and place value. And how I ever despised thirteen as a concept because there was not only was there no firteen nor seconteen. Where was thirteen anyway? It wasn’t on the clock. It wasn’t on any packaging. Good things never came in packages of thirteen.[…]
Perspective coordination can be a need, skill, solution, or a problem. Dawson (2020) defined perspective coordination as: “…a dynamic set of skills that supports human interactions by fostering mutual respect, nurturing creativity, expanding our minds, generating and developing ideas, leveraging conflict, and supporting healthy relationships. Robust collaborative capacity skills are a prerequisite for the development of perspective coordination skills, but you will also find that practices for building perspective coordination skills build collaborative capacity skills. Wheels within wheels.” Dawson, Theo (2020) “VUCA unpacked (3)—Perspective coordination” https://theo-dawson.medium.com/vuca-unpacked-3-perspective-coordination-13e722981ce6 Retrieved 1 Jan 2024 And Dawson provided a helpful concept map: Why might perspective coordination might be a need? It’s because you need people. If you had total independence, total freedom from dependents and their dependencies,[…]
I want to believe that the current generation of applications powered by Large Language Model (LLM) don’t represent the height of the state of the art for prediction machines and that no single firm will reach 80% market share and go onto dominate the generative era. I want to believe that the future is quite open, and that these early returns we’ve made in applied machine learning can compound. It’s because I want to believe so much that it’s worth questioning the assumptions. What might cause the future to become closed? Does OpenAI scan its API logs for good ideas? In 2023, a surge of founders developed skins for OpenAI’s ChatGPT. Some based their startup on enabling a user to[…]
I’m sorting out much of what I read of Gregory Bateson (1904-1980). And in his tradition, I’m going to make connections and then try to stand above it. Come and play. My entry point was Steps to an Ecology of Mind (1972), then I shot off into A Sacred Unity: Further Steps to an Ecology of Mind Edited by Rodney E Donaldson (1991) and then Nora Bateson’s Small Arcs of Larger Circles (2016). I’ve been thinking a lot about the question David Graeber and David Wengrow asked in The Dawn of Everything (2021): why do groups of people differentiate? Bateson’s observation of schismogenesis – a combination of the word schism and genesis – is “a process of interaction whereby directional[…]
Why is it easier for an individual to identify a valuable problem and solve it in a startup than it is in a business? Will be the same in most Decentralized Autonomous Organizations (DAO)? In this post, I’ll argue that information is a key enabler that makes it all the easier for an individual to identify and solve valuable problems. If we’re in the age of information, then why does information seem so scarce? The reasons for information scarcity are many and emergent, including status-quo preservation and self-identity protection. To understand the resistance to solving a valuable problem, it’s useful to think of Lock-In [1] and to mark the distinctions between startups, businesses and DAO’s. A startup is not a[…]
It’s quite astonishing to think about just how much human knowledge exists, and just how diffuse its distribution is. It’s hard for any individual to tell. There are clues though. Knowledge is a major way that people create distinctions among one another, so it stands to reason that you can get a sense for how knowledge is distributed by looking at the distinctions people make amongst themselves. The knowledge of French and the knowledge of English creates a distinction between two rather large groups. The knowledge and application of ancient stories is another. The knowledge of how to shape a piece of wood, or stone, or glass used to be a pretty huge distinction. There are entire identities put in[…]
This is post is the fifth in a five part series on Capital, and You. Previously, I defined capital as potential power, and argued that the primary optimization objective of the venture capitalist is to acquire more capital. Further, the board is the embodiment of the Corporation, it is made up of people who represent the Venture Capitalist, the Founder(s), other shareholders, and by proxy, Capital, and it is obligated to behave in a manner that increases capital accumulation. If the Board and the Founder are aligned in the pursuit of increasing capital, great capital may be accumulated. If they are not, doom. This fifth and final post expands on the relationship between Capital and the Citizen. Should citizens of[…]
This is post is the fourth in a five part series on Capital, and You. Previously, I defined capital as potential power, and argued that the primary optimization objective of the venture capitalist is to acquire more capital. Further, the board is the embodiment of the Corporation, it is made up of people who represent the Venture Capitalist, the Founder(s), other shareholders, and by proxy, Capital, and it is obligated to behave in a manner that increases capital accumulation. This fourth post expands on the relationship between the Board and the Founder. Noam Wasserman, in his book, The Founder’s Dilemmas, makes the case that a Founder has one of two optimization objectives: to be a king or to be rich.[…]
This is post is the third in a five part series on Capital, and You. Previously, I defined capital as potential power, and argued that the primary optimization objective of the venture capitalist is to acquire more capital. This third post explains the relationship between the Board and the Venture Capitalist. The Board is the embodiment of the corporation. Put a bit more strongly, the board is the corporation. It’s the Board that discharges the power of capital. It exercises oversight. It is the body that all the employees are accountable to. It can fire anybody it wants – including the CEO. It can hire anybody it wants, including the CEO. They approve or disallow compensation plans. They approve or[…]