There's a real, real disconnect between the reality of what's happening, all the opportunity.
What I think is happening is this extremism. Much like our social issues where we're starting to really go in opposite directions. There's this extremism, yes, there are hundreds of 11-year-olds making a million fucking dollars a year, making slime, selling it on Instagram, yet 99% of people that raise $2 million in capital for their start-up to make the Uber a fucking pizza delivery are going to fail.
I think the thing that's grounding me is in this ridiculous change in our society, things like 15 years ago, if you dated on the internet and dated somebody you met on the internet, you were weird and a loser and it was taboo, and now every single person dates through the internet and swipes left and right 24/7, or slides into the DM.
Do you know how crazy Uber is as an early investor? Uber's insane. Uber, or Lyft, or whatever you want, literally, if I stood up here and said guys, in 15 years you're going to wan your 13-year-old daughter to go into a stranger's car, because you're going to think that's safer than her driving with her friend. Parents actually, and probably correctly, think it's safer for their 16-year-old daughter to go into strange 40-year-old men cars multiple times a day. I mean it.
But I would have never been able to sell you on that if this was 10 years ago and I'm like, let's do start-up ideas and I pitched you on that, you would have laughed me out of the room. I know because I laughed the founders of Uber out of the room when they were like, what if everybody could get a limo on their iPhone? I was like, yeah, 1% of rich people. I never saw it playing out the way it did. READ MORE |