Founder status markers have progressed over the past decade as the startup ecosystem has recognized the importance of industry perception within tech. There is still an open question of how much how the rest of society perceives tech should matter. In broad strokes, these markers started off focused on financial capital via fundraising ability (amount -> pace -> valuation)1 (we raised money)...
As narratives increase in value, a new generation of companies build on the power of perception, while markets race to fill every speculative void.
I believe one of the most damaging pieces of advice to proliferate in the tech world over the past few years has been “being early is indistinguishable from being wrong”. There are many reasons why this is true in theory but as I’ve talked about for years, at this stage of technology development and penetration, whether you’re a technologist or capital allocator, if you’re not too early, you’re...
What tracking changes in narratives tells us about conviction, depth, and emotions during times of exuberance and volatility
Recent Comments