Venture Capital Monoculture

 

 

The Gell-Mann Amnesia Effect

Briefly stated, the Gell-Mann Amnesia effect is as follows. You open the newspaper to an article on some subject you know well. In Murray’s case, physics. In mine, show business. You read the article and see the journalist has absolutely no understanding of either the facts or the issues. Often, the article is so wrong it actually presents the story backward—reversing cause and effect. I call these the “wet streets cause rain” stories. Paper’s full of them.

In any case, you read with exasperation or amusement the multiple errors in a story, and then turn the page to national or international affairs, and read as if the rest of the newspaper was somehow more accurate about Palestine than the baloney you just read. You turn the page, and forget what you know.”

— Michael Crichton

via Quote by Michael Crichton: “Briefly stated, the Gell-Mann Amnesia effect is as…”.

The Not-Com Bubble

As a semi-editorial/territorial aside, I’ve been calling the current frothy public/private technology market the “not-com bubble”. It’s mostly companies & investors saying that they’re/this/we’re/that’s different, mostly by not being like the dot-com bubble. I hereby christen this the not-com bubble.

Greenlight Q2 Letter

Qlet2011-02

Stanley Kubrick’s Boxes

 

The Jon Ronson article that led to the documentary.

Twitter Digest: 2011-07-09

  • .@jeff correctly explains that venture shouldn't be a career, but what some do after they've had a career http://smartr.mobi/u/81e8i ->
  • Some day I'm bringing a ham radio on board a plane like this one. I live to be told I can't use it. ->
  • Anyone left in the twitterverse who hasn't posted on last week's jobs report? Now's your chance. Full amnesty for bloviators. 10 min only. ->
  • One of the only piece of useful advice, so I over-give it: "Don't be afraid to ask". http://nyti.ms/pGL3UA ->
  • Eating more fat makes you want more fat – http://t.co/gjK4znK ->
  • This American Life does hydrofracking and shale gas. Great listening. http://bit.ly/ptluAx ->

The Patent Protection Racket

Good piece on PaidContent about the mobile patent protection racket, and how things are getting much worse in mobile:

…. modern patent litigation isn’t really all that different from a protection racket: you pay, or you get hurt. If Google wants to keep the Android miracle rolling, it’s going to have to find a way to offer its own brand of protection before its partners opt for peace of mind over loyalty.

More here.

Twitter Digest: 2011-07-08

The Art of Talking Funny

A discussion (in four parts) on the art of funny, with Jerry Seinfeld, Louis CK, Chris Rock, and Ricky Gervais. Some great stuff here on observation, humor, and craft.

via Barry

State of Global Mobile Industry, 2011

Good data-rich deck on mobile.