…ism isn’t a European issue. Sure we’re pretty good at it; but it’s a rather international gangrene. Aiming to bring back coal jobs is a form of cynicism. It’s a depressing vision of progress to use our grandparents’ jobs as the only ones imaginable; especially since they worked hard to give us other options.
… won the easy battles — it’s accepting a form of cynicism as our starting point to think like that. We’re losing them because it’s actually become more emotionally and socially costly to take real risks. People are increasingly being pressured into homogeneous paths and our lives are so scrutinised and publicised that mimetism and signalling are consuming ever more of our focus and energy.
…t’s described as an addictive threat rather than an amazing opportunity. I’m increasingly convinced this lack of optimism is depressing our prospects for growth and innovation. Cynicism really has a big human capital cost. It makes people feel justified in their risk aversion and makes it harder to picture a radically different world.
…exist. Wing VC put together a fantastic report highlighting this major shift. The report found that in 2010 under 10% of seed companies at the time of their raise were generating revenue, by 2017 over 50% of seed companies raising were generating revenue. This is not #fakenews and increasingly becoming the new standard at seed.
Just as we can invent new objects but we can’t invent new laws of physics, we can invent new things that have value, but we can’t invent new reasons for things to have value. For all intents and purposes, things can have financial value for one of three reasons: it’s a claim on a cash flow, it’s money or it’s a collectible.