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"Broad diffusion is really important. I want Fable – and better models – in the hands of all sorts of people. That's how you keep the balance. Odds of really bad outcomes like nationalization go up if diffusion is not as broad." Dean W. Ball, on the eve of...

30,661 views • 2 months ago •via X (Twitter)

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🎥| “Well, for starters, it's not the first time I've heard a story like that, you know, of people kind of being inspired to work in the industry. Um, and I think that's really cool, you know. I've always been a big believer that the more fans that work in the music industry, the better for the music and the better for everyone, really. You know, they're definitely the most passionate people. Um, you know, especially the likes of like managements or record labels, these kind of opinions are vital. [Fan: We live it, like, quite literally.] Absolutely, absolutely, yeah. There's not really, you know, it's not about kind of guessing, it's, like you say, you guys kind of live that life. So, I think it's really, really important, it's really cool that it seems to be happening more and more, um, which I think is great. Um, in terms of the relationship with the fans, something I really, really cherish. it's a really funny thing, you know, when you've grown up together, but that ‘together’ to me is, you know, a decent chunk of people. It's a funny concept to me, really, in general. But I feel very, very lucky to have it, and I feel really—I think I've always felt quite protective over my fans as well, and I think... that is a nature of kind of growing up together, you know? I feel like we've got each other's back like that. [Fan: I feel like you have a unique relationship with your fans that is not common amongst artists today, so we really appreciate that, the effort you put in and the care.] I like to, yeah, I like to think so. I mean, I feel very, very blessed that wherever I am, you know, wherever I am, there's a certain kind of level of support and passion, you know? And that... there's a friend, exactly, that's lovely.” via Jesslyn Downey

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The founders of Stripe and Pinterest on how to convince people to join your startup Stripe CEO Patrick Collison argues that part of the reason startups resonate so much is because the outcome is not guaranteed: "If it were guaranteed, it would be boring... Whether or not you're the best person in the world at what you do, you're probably not going to alter Google's trajectory. But if you really want to benchmark yourself and see how much of a contribution and impact you can make--which is a really compelling prospect for a lot of the best people--a startup is a much better place to test that." Pinterest founder Ben Silbermann emphasized this as well: "No smart person that you're hiring is under the illusion that you have a crystal ball into the future and that joining is a guaranteed thing. In fact, if you're telling them that and they select in, you shouldn't hire them because they didn't pass a basic intelligence test. I think it's important to tell them what's exciting and where you think the company can go. But also tell them where it will be hard and chart your best plan. And then tell them why their role can be instrumental--because it will be... What I would discourage doing is whitewashing all of that. If people are joining your company because they want all of the certainty and safety of working at Google but also the perks of working at a small startup with lots of responsibility and transparency, that's a really negative sign." Apparently in the early days of PayPal, Peter Thiel and Max Levchin would tell people after they interviewed all the reasons that the company would fail: "Visa and MasterCard want to kill us. We also might be doing something that's illegal. But if we succeed, we'll redefine payments." Don't whitewash the risks. Instead tell them how your startup will change the world if you succeed and how their role will be instrumental in affecting that change. Video source: Y Combinator (2014)

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