Chris Dixon
@cdixon.eth
I used to think venture investing is 80% an intellectual test, 20% emotional test. Now I’d say it’s the reverse. I’d say the same about my experiences as a startup founder. Probably true of many other long-term activities.
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Cameron Armstrong
@cameron
What’s the emotional part for the investor? Falling in love too soon or waiting too long to write off?
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Chris Dixon
@cdixon.eth
Giving up too early, being overly influenced by external sentiment, acting hastily, losing sight of fundamentals, getting too optimistic, getting too pessimistic, being overeager to do something when sometimes you just have to wait, other times waiting too long…. Etc etc :)
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Sean Brennan
@seanwbren
I've been reading maybe too much LessWrong rationalism, which removes emotion. Are there mental heuristics for "I know I'm being emotional/irrational about this data or this startup so I need to trick myself to think [X]" that you've found helpful?
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Chris Dixon
@cdixon.eth
Among other things: 1) being careful about mental inputs, which in practice means primary over secondary sources, conversations with curated people, reading books over news/social media 2) try to time-shift by making (written) plans in unemotional state and sticking to them later 3) structure life to manage emotions
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