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by graderjs 1202 days ago
VCs are like horses: easily spooked / slaves to the "sacred signals". Shouldn't surprise anyone how VCs reacted...but I think it is surprising that SVB failed. Unless you were really watching the numbers, as a few niche Twitter accounts, mostly unknown in these realms until yesterday, seem to have been. It's BS that the HN commentariat is all now Lasik Hindsight, "iT wAs ObViOUs": but this is what they are, have been and will be for every surprising thing--intellectual arrogance and inadequacy does not like being wrong. So it just pretends it wasn't. And gets mad at anything that reminds them.

Obviously not all you dear HN cuties are like this...but it's a large enough trend that it'd be misleading to say you can't clearly see it. I don't know why everyone is scared to just say: "I was wrong. I'll reflect and learn something." I mean...that's the only way anyone ever does, when they're wrong. If you just carpet over it, and forget, I mean...you're just shrinking your world. And one day your model of the world is so tiny...that all you can do is look back to the past, and say: "Those days were better." But they weren't. Cause those days set you up to fail, to head towards this inevitable present, like you did. A shrunken future. Where you're the only right thing in the world. But the real world's far away.

I think that kind of thinking is like an admission of deafeat / anathema to having a brain. But I get that everyone gets tired, and feels like they've seen it all before. And they don't want to stop, process, and integrate the new info into themselves / their lives because doing so...wouldn't be something you could just do in a 5 minutes and get on with your life. It would take time. Readjustment maybe. Reevaluation. Recalibration. It would be uncomfortable. You might have to give up some cherished beliefs. Some pet delusion. People fucking hate that. It's hard. But it's liberating.

It's the kind of thing that should be taught in schools. How to properly lose.