[Dartanion7]

I'm also curious what inputs they use to evaluate the founder. Surely there's some objectivity to that element of the decision tree beyond "great guy, articulate, firm handshake" --- I'm thinking probably quality of undergraduate / graduate schools, past exits, years in industry, etc.

[seiji]

"great guy, articulate, firm handshake"

You can tell a lot by the first five seconds with a person. That's why so many founders today are the cool kid/hot guy variety and not the Bill Gates/slovenly nerd variety.

VCs won't take seriously a guy who shuffles-when-walks with zero eye contact and stares-at-floor-constantly habits unless they come with someone vouching for them.

VCs will take seriously someone who can project all the right social signals, act strong, and not let anyone see into their weakness.

[mattgreenrocks]

This is precisely why VCs will miss truly disruptive founders. Tech entrepreneurship is still fairly young, but in that short time, we've already invented our own unique brand of cool: young, credentialed, hot, saying the right things.

Oh wait: those are the values of society at large.

We've already abandoned all pretense of disruption. This is just the next iteration of the elite, where your value as a person hinges on how well you project your own narcissism.

[michaelochurch]

Tech entrepreneurship is still fairly young, but in that short time, we've already invented our own unique brand of cool: young, credentialed, hot, saying the right things. Oh wait: those are the values of society at large. We've already abandoned all pretense of disruption. This is just the next iteration of the elite, where your value as a person hinges on how well you project your own narcissism.

I had a chronic illness in my teenage years and 20s, hit a nadir around 24, and recovered by 27-28. I'm healthy now, but didn't have the start that's "expected" of people with +4 sigma talent. It's obvious, since I'm 30 and not earth-shatteringly successful, that I have some kind of health story... but I prefer not to get into the details with people I barely know. I don't want it to be the first conversation, but in the contemporary Valley, it would be. ("If you're so smart, why aren't you rich?")

Silicon Valley used to be for weird people. It was about second chances (and third, and fourth) and outer-range creativity and acceptance of weirdness. People were too busy building for the cool-kids shit and high-school drama that dominates now. That Silicon Valley was worth defending, and protecting. This iteration, this Disney-fied new one, is worth attacking, humiliating, and bringing to its undignified end.

[oceanplexian]

Nail on the head.

We live in a bizarre world where everyone that founds a startup is often a credentialed, healthy Stanford grad re-implementing an unremarkable idea in network effects. Is it mobile or social? No? You might as well get on the next flight out of here.

To me, it seems utterly remarkable that our industry has grown up from kids running computers in their basement to a new breed of slick, Macbook-toting framework programmers that couldn't set up WiFi or SSH to save their life.

The things that I moved here for have been gamified and manipulated. In the process we've not only damaged our own industry, but destroyed San Francisco's cultural identity and pushed out the artists and misfits that make this such a special place.

[seiji]

("If you're so smart, why aren't you rich?")

I wonder that of myself all the time. I don't have any medical problems other than the tragedy of living inside my own fucked up head.

I find the cheap ways of getting rich untenable (abusing users, SEO affiliate ad crap, stealing personal information, facebook viral shitfests), and the hard ways are too much for my unconnected self to tackle alone (remaking credit card processing, remaking flight finding, anything requiring network effects to get off the ground).

But, for now, I'm not homeless and I have a view of Manhattan from my window. It could be worse.

[mattgreenrocks]

So did I.

I felt that if I wasn't 'great,' then I was squandering my life, and that I always had to hustle more. I'd internalized a bunch of toxic messages (some from well-intentioned family), lived in a fast-paced area that focuses on power (DC), had impostor syndrome, and was a nerd when growing up. It was easy to think that once I reclaimed my 'rightful' place, that life would be as it should be.

It should be little surprise that I was well on my way to predicating my identity on my career. I placed enormous pressure on myself to succeed, and rapidly started viewing many facets of life as inherently zero-sum. I became reductionistic in many areas, and my interests narrowed, as I pursued only things that I was good at.

It was all an enormous lie. I'd bought wholesale into a weird, Nietzsche-Darwinian belief system where I had to become the ubermensch before I could allow myself to be human. I had to become someone so I could see myself as someone worthwhile. I had to achieve so I could rest. I had to be the best, lest I become undesirable.

In short, I believed I was not worth loving until I'd received a certain amount of external validation. I'm still being broken of this, but the break/repair/rebuild cycle is much better than the desperate grasping. Fuck status. We think we have to waste our lives accumulating it, when it's really borne out of fear of the future.

[AndrewKemendo]

Very interesting writeup because I see shades of that in my own personality. So how are you overcoming this?

[ktd]

>It's obvious, since I'm 30 and not earth-shatteringly successful, that I have some kind of health story...

What?

[seiji]

If you're in SV/SF, over 26, and haven't made at least a million dollars for yourself through an exit yet, you're not in the cool crowd. Bonus points for an Official Exit and not just an acquihire.

Your street cred can wain though. The Powerset acquisition by Microsoft was okay for the time, but now it shows up as essentially an acquihire. If that sale was going through today, it would probably be a $200 million to $500 million acquisition instead of the $50 million bauble they got at the time.

[ktd]

I'm in SV/SF, and this attitude is completely silly. That isn't to say that it doesn't exist, but I would say it's far from the norm, even in tech circles.

[ig1]

From my experience it's much more individual than that "what makes this person exceptional ?" - which tends to be a combination of track record (what have they achieved previously) and individual traits (are they super-smart, charismatic, etc).