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by confiscate 2820 days ago
That is rationalization, where we try to apply "logic" to make ourselves feel better about a bad situation.

The chances are low that life is better now, after losing out on a chance to be an early part of Instagram.

That's like saying a homeless person's life may be better than if he had a home. Ya statistically that scenario is possible.

But if you had a choice, do you really want that homeless person to stay homeless and just keep telling him "your life may be better now"? Or do you want that person's life to improve so that he eventually has a home?

4 comments

It’s not at all difficult to imagine a scenario where his life is better after turning down Instagram. I wouldn’t even say it’s unlikely.

Just name one important relationship he formed in NYC. Done. (Or any of the other infinite ways events could have unfolded more favorably in NYC than in a hypothetical SF)

An engineer in America is wealthy, and has lots of opportunity to see and experience new and interesting things. The idea that his life is almost assuredly worse just because he forwent one unlikely opportunity to become wealthy 50x over instead of just 5x over is silly.

Of all the choices he’s made and will make, I doubt that was a very important one.

Ya you can imagine any scenario you want. I can imagine a scenario where a homeless person's life is better than if he had a home. It's not hard to imagine. But if you had a choice, which would you choose?

I don't think the argument is conclusively "Done" after naming one important relationship he formed in NYC.

I can name one important relationship he would have formed if he stayed in SF. A relationship with the founders of Instagram. That relationship is valuable too.

What makes you doubt that this choice is less important than other choices he will make in the future?

You don't need to consider the infinite possibility of events that could have unfolded. You really only have to consider the origin event--if you had the chance to choose again, would you make the same choice.

> Ya you can imagine any scenario you want. I can imagine a scenario where a homeless person's life is better than if he had a home. It's not hard to imagine. But if you had a choice, which would you choose?

Homelessness is a financial hardship that actually will ruin your quality of life, which stands in stark contrast to being a homeowner. Whereas making 150k/yr in NYC instead of 2m/yr in SF just means you have plenty of space on hardwood, instead of too much space on marble. The relationship between wealth and quality of life is logarithmic.

That's not the question being asked. Obviously being an early employee at Instagram is better than having an above-average engineering job in NYC, and more money is better than less money.

The question is, do all of the events that unfold throughout the rest of his life after he moves to NYC sum to a better life than the events that would have unfolded if he had taken that job and stayed in SF?

It can't be known, we can only speculate on the probabilities.

If we know for certain that Instagram will be the success that it is, that means NYC and SF present two radically different sets of human relationships and life experiences spanning decades, but in NYC he will make a lot of money and in SF he will make an excessive amount of money.

When I consider the infinite variation and possibility contained within those unforeseeable human relationships and life experiences, and think about the impact those factors have on a person's quality of life, I don't think there's even a comparison to be made between that and the difference between making lots of money and making tons of money. The relationships and life experiences will be the dominating factors in these outcomes. Since they're both unknowable, the relative probabilities of either NYC or SF resulting in a better life lie somewhere close to 50:50, even if we know he would have been successful at Instagram in SF.

I actually do think it was an important choice, just not because of Instagram. He was tired of SF and the contemporary startup scene, and Instagram's success was still very unlikely at that point. Staying would have been a bad decision.

I think the more brutal reality is that just because you had been there then instead of someone else doesn't mean Instagram would have done what it did. Maybe as a first hire you'd have jerked around more than the actual person, or missed deadlines or just made bad choices which lead to zero traction.

It's egotistical to assume that it being you instead leads to the same result

Ya I agree, but on the other hand, it's possible that if you had been there instead of someone else, you would have made better choices leading to 10x traction and made Instagram 10x what it is today

I mean, what signals lead you to believe one scenario is more likely than the other?

It didn't sound like he was a weak employee in any way--if anything, he sounded like a strong employee because the founder of Instagram wanted to create a full-time role just to keep him, despite not having much money for the startup back then. I would assume the founder of Instagram is a better judge than I am, of who is good to hire.

It's possible that Instagram would have been more successful if he was there to support it back then.

I could boil it down to a thought experiment: If you could trade being alive and healthy today, for hitting it rich 10 years ago but you have no idea if you'd still be alive/healthy/happy today - would you do it?
Actually I think the point is that the universe is vastly complex and due to chaos theory and the butterfly effect all sorts of alternate outcomes may have resulted
Yes I agree. That's my point as well.
There's more to it than rationalization.

https://www.ted.com/talks/dan_gilbert_asks_why_are_we_happy

No, it isn't rationalization

Startups still have "lottery ticket" chances. Better, but still not a guaranteed payoff.

What if instead of IG it was Theranos or Color (or that startup that nobody heard of)?