Content
@
https://warpcast.com/~/channel/midwits
0 reply
0 recast
0 reaction
basil
@itsbasil
this one will get a lot of hate & disagreement but i think one of the biggest mistakes this industry has made is funding yappers, ie., VCs funding thinkbois & founders thinking they need to post multiple times a day & have an opinion on everything to remain relevant this leans somewhat into the overblown concept & emphasis surrounding attention do you think zuck or bezos or jobs or whoever where posting over intellectualized opinions & daily learnings in their early days still to this day, the vast majority of our most effective ceos & founders do not do this—most don’t even want to provide opinions on earnings calls: they want to stick to operations, they want to be black & white outside of one or two 30-minute conference chats a year, which from my experience, most tend to loathe anyway, leaders do not yap; they run companies not until these leaders have successfully exited a multi decade run do they even entertain a book or sharing their learnings this industry conflates the two
9 replies
4 recasts
43 reactions
basil
@itsbasil
moreover when they do yap, they yap internally: they yap to lead, to motivate their socials are dead or ran by others & they care not about external acceptance or popularity they let their numbers speak for themselves & the best investors seek them out they post a succulent quarterly or even yearly note & then return to operations the best operators simply don’t care about anything else; they don’t listen to external noise, only to their stakeholders, only to other operators who have executed before them this is more apparent in their first 10 or 15 years of their journey but in tech, and specifically crypto, this is the norm: leaders must yap this is part of the grift; this is how you get funded; the VCs need to feel “inspired” forget about a good idea or lean executor; regurgitate old fred wilson posts mixed with current feed slop or hit me with an aphorism on how no one knows what they’re doing alas, here i am as a wannabe founder… yapping away :)
0 reply
0 recast
22 reactions
