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0 pointsvmception4y ago0 comments

I notice I did write my opinion in a very echo-chambery way.

Sure, emotional intelligence and charisma and communication skills are important in this proposed technocracy, I’m just saying that the non-technical people with no capital should no longer be able to grift their way into double digit share ownership. We can go vertically integrated and switch the distribution of ownership, much more heavily than it already is.

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iamstupidsimple4y ago

Sorry, but this still sounds pretentious. The set of possible cofounders is a market like any other, and compensation is generally commensurate with value generated. Charisma and EQ are just as important, if not more, than generic technical skills for most businesses. There's obviously going to be exceptions such as when new technology is being created at the foundation of the business, but that is not the majority of startups.

Technical founders who don't have those skills need somebody who can handle it - and it's very valuable.

jollybean4y ago

Charisma and EQ are attributes much like IQ and curiosity - they are nice and important, but not in and of themselves hugely important. However, 'Business Competence' is a material thing that is valuable.

vmceptionOP4y ago

> Sorry, but this still sounds pretentious.

Was it the proposed technocracy part? I'm not sure how people could get that impression. /s

No, but really, I mentioned that technical cofounders should pursue businesses that don't need the other personalities. There are enough of them. So in that subset of businesses, the technical cofounders would have all the equity, and in the remaining businesses their value would be seen as deserving more of the equity than what currently happens. Just requires coordination.

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