Founders should follow their own direct experience and unique knowledge rather than chasing what's hot or what investors say is cool.

2:24>> Yeah, it was smart and you know, I mean this is true now. Um you know, in in front of all these people at Startup School, uh you know, I sort of started this don't LARP >> Right. >> um meme. >> I saw that. >> Uh but I think like that's that's embedded in this idea that like you should just be earnest >> Yeah. >> and then you shouldn't follow what the

2:45crowd is saying, right? Like at that moment people said the web was dead, but that was sort of the perfect time to work on web and social and things like that. Um and you know, I didn't do it. I I ran off and said like "Oh, well, the next hot thing will be mobile." So I wanted to work at Windows Mobile, which was true, but um why I

3:06give up like the thing that could have been the next thing. >> What I love about what you're saying though is often when we hear earnest, we think naive, but actually what it sounds like you're saying is there's like earnestness is a sort of result of maturity and courage. >> Courage is actually I think the right thing. >> Yes. >> Like if you know something that's sort

3:25of if someone just like comes and contradicts you or even if like a blog post or like someone on Twitter uh contradicts you, >> Yeah. >> you're like, well, I I don't I don't agree with that because I believe my own direct experience. >> Yes. >> I know that I'm not a time traveler because if I was a time traveler, I would have I would have sent a message

3:45back to myself and said, "Just stay on working on web stuff." Like you literally have um 5 years of experience on top of everyone else. Like you could do an end run around everyone. Like you could have built like any kind of social software. >> Yes. >> But instead I was, um, you know, I was 22. So I was like being whipped around by, uh, whatever I could read in The

4:06Wall Street Journal. And, you know, I the the classic question I'm sure you get that, you know, all investors get all the time is, "What's hot and what should I work on?" >> Right. >> And that's the wrong question to ask. Like the right question is like, "What are you interested in? What do you know uniquely?" And so I was that's like, you know, one of a great many mistakes I

4:28made in my career. I feel like I'm a little bit, uh, doomed to be the first principle storyteller of, uh, all the mistakes that I made >> Well, I think that it's it's very inspiring for founders to hear your own journey and your own mistakes. And then not feel so bad about the ones that we've all made along the way. >> I mean, maybe talk about the culture of

4:48Silicon Valley today. You know, on one hand maybe it was despondent 20 years ago. It's crazy to think that was just 23 years ago that you're talking about. Um, now you think we would all be incredibly elated, yet there's this undercurrent. Maybe it's the LARPing thing that you mentioned. You know, it's being outside of the light cone, the permanent underclass. Where does that come from? Do you think there's any