"[Music] humans suck at making predictions like they really really suck at it the only constant we are ever engaging with is change Tech and Magic are just separated by layers of abstraction Joseph Cam..."

"accordingly well hello everyone it's Jibo shasi with another episode of infinite Loops I have been waiting for this one because I get to talk all kinds of weird stuff uh with my friend Julie Frederick..."

"origin origin story is I'm a second generation Silicon Valley person my family moved from Colorado to California and uh wanted to participate in the glories that are changing as fast as you can so I g..."

"Capital specifically uh you know we we really Vibe on a lot of things together that's why I invested in your fund uh and one of them is humans stuck at making predictions like they really really suck ..."

"difference so I will bring up one of my favorite props my whole life philosophy is summed up with the fdii really and truly uh and I know that sounds really dorky but this is like the landmark transla..."

"not plan accordingly and if that's all I got from a university education I think it was worth the time and the money because the only constant we are ever engaging with is change while at the same tim..."

"not and that's been true since athensville yeah it's one of my favorite lines is the last sustainable Edge in markets is uh arbitraging human nature because markets Chang millisecond by millisecond hu..."

"debates which I admit means parties at my house are probably not that exciting but I think it's fun uh is to debate whether or not Pericles the sort of great general of an leader of Athens was wrong t..."

"age this is terrific and then I realize that that's my own turning as to understanding what am I in charge of what am I taking from the generations ahead of me and saying hey let's not have the same m..."

"it's especially scary to people in power I'm I'm currently reading uh a book about one of my favorite uh Mystics William Blake it's called William Blake verse the world and uh the author uh brings up ..."

"lived through this uh series of riots in uh London in 1780 uh it was essentially the biggest week-long of rioting in London's history they called it the Gordon riots and what the mob and it started pr..."

"information and I think that the complexity of information that's being conveyed is so fundamental to how we think about any kind of and I mean investing in the broader sense of investing our time our..."

"changing environment circumstances change Humanity doesn't plan according yeah yeah and uh that's another area where we really resonate uh because you say uh you don't want chaos but listen uh we're g..."

"reality is like paper money it has no value at all except uh that everyone believes it does and then he had another quote that I thought was great which is crazy is a numbers game uh like if enough pe..."

"uh I believe another guess on infinite Loops uh venites raal uh I frange because I'm such an internet person in my head I'm like at vgr uh he he described the great weirding as this moment in which th..."

"how things are going to be um and in in in um I'm just going they at beer and at Beer's approach the great weirding uh was harambe being killed the uh gorilla where it was just such a weird uncomforta..."

"he writes near future science fiction um he's known for you Neuromancer um Johnny neonic is the one movie he really got made of the peripheral has been made into a TV show alas canceled but the first ..."

"journey is hitting up against every other hero's journey it's just getting weirder everyone now has the chance to push up against reality and change it which like how cool is that I never thought we c..."

"human so for all of us right and and so it it also Spurs like uh uh Nostalgia for example uh and and Nostalgia is is basically uh you know I remember a a time where I was not it wasn't then it isn't n..."

"world really was yeah and to the point where we have pastoral um pastoral literature goes back thousands of years that uh there there is a a Greek myth called dhis and Khloe about uh this you know bea..."

"you know everything was taken care of for us and you know beats Will C and then bam bam yeah and it's like b b everywhere I think that my whole approach on on on Founders on investing on life in gener..."

"make it because uh there's been this whole conversation about non-player characters over the summer uh partially because as artificial intelligence has been able to give more more um probabilistic thi..."

"Savannah and then it turns out a lot of that programming wasn't particularly useful I had to go through and learn a whole set of histories and experiences and I had to become a playable character in m..."

"and that's the question is who alignment who agency who's programming as I don't think those are easy questions no they're like I'm fascinated by all those questions and spent a lot of time thinking a..."

"thread on on Twitter called The Thinker prover uh which uh worked on uh a guy named uh or's idea which was popularized by uh Robert Anton Wilson that like we once the Thinker can think anything he wan..."

"real and all it wants to do it basically you know that the old saying uh seeing is believing well really it's the other way around believing is seeing and and if you you literally in many instances ca..."

"were your biggest surprises uh when you came into Venture Capital because one of the reasons we became an LP is you are very very different than other funds so let's talk about that for a little bit w..."

"just really really like the grind I I picked doing things that I thought was fun and there's nothing that I think is more enjoyable than talking to someone who's really passionate about what they're b..."

"connecting you to people if you are capable of broadcasting who you are other people who want what you have are going to find you so I have the tendency to think of myself as being a lighthouse that I..."

"money I had some startups that did not successfully make money and I was able to come out the other side of it with 15 years of this is what it looks like this is what it looks like to just objectivel..."

"other people I'm here I want to hear how your reality is going to affect my reality such that everyone's reality changes yeah we Again by uh on that as well we sort of look at all of our uh internet a..."

"this I think we're still in in the reality tunnel many people are still in the reality tunnel of you know am has to be huge no actually it doesn't uh if you can find the the right fit and what you sai..."

"batting average right yeah and and so what do you look for though okay so we've got the beacon we've we're vibing on on the current view of the world which changes dramatically if you are a probabilis..."

"of the reasons that I didn't write any checks is that some of the basic parameters of what I thought was going to be necessary because like you're still dealing with reality right like there are start..."

"Valley is that you spend all of this time around people who really are these s tier crazy they can have the outlier of it but because what I'm doing is usually before companies even formed before they..."

"superpower in particular is I'm really really good at getting attention I kind of came up through marketing and comms and have many Dark Art wit uh chaos magic around that because you know attention i..."

"little bit of progress think people so underestimate the value of compounding if you just do a little bit show up do something show up the next day it changes everything and that's why I say linear pr..."

"reality tunnel uh to to even like H how do you disambiguate like when you're talking with the founder for the first time how how how do you sus out that they are truly uh weird to use uh the term that..."

"little bit dated but one of the sort of helpful approaches that it has is that everyone has an expectation of how things are meant to be and uh what signals mean and you know who you are and I noticed..."

"usually the first step and once they've stopped trying to impress me like oh it's like it's so chaotic I'm like yes yes the world's chaotic let's one more down uh I'll try to pick a problem that they'..."

"it and I don't necessarily want them to always know right because it's possible that the customer doesn't exist yet that the market doesn't exist yet and for me those are always the most exciting ones..."

"Street I had any number of people saying you are insane don't publish that like that's that's incredible proprietary IP why would you ever publish that I would just laugh and I would say I could take ..."

"step of agency that people forget that people don't care they're so wrapped up in their own world because it's yeah it's a weird time right like we're all just trying to survive and being able to show..."

"happened it you'll love this story because it all happened accidentally as you know here in New York there's a lot of creatives who are they want to be the next big play right or director or actor or ..."

"said well what did you learn today and he goes oh I heard a story and the mother looked a little floxed right you heard a story and then uh our founder said show your mom how the piece is move how doe..."

"but you know worldbuilding communication again something you're really good at I always think of my friend Lulu uh mxi mury uh who is I love her because she's like guys you're the insurgents here you'..."

"I feel really um just in my heart had that there's this generation who was so convinced that woke speak means they can't say what they want yeah because I think of it as just being a little bit of an ..."

"share your context you have to lose it the founder has got to learn to be brave enough to go out and be cringe fail be embarrassed because you're going to be embarrassed all the time if you're doing i..."

"have the same needs I still need to be able to get online I still need to drink clean water I still need to eat like those are all really basic things and so I kind of think that if you're not living ..."

"because you are Tona But but so we do all of us again I always include myself because I'm not saying you have it wrong over there you human I'm a human too and I probably even have it more spectacular..."

"life possible can you do it because during Hurricane Sandy I still had to go to work there was no power in lower Manhattan but one of my clients Uptown Ralph Len still had power and they still had Del..."

"Montana although I would love to because that would be very cool uh but one aspect of I think the social and political and uh economic muu of Silicon Valley is that it has become an idea and not a pla..."

"there's a lot of lights out of it also great place to for billionaire LPS you know if that's something that you know you have to concern yourself with which you know I do kindly recommend coming out f..."

"go there right away let's kill it in its cradle because you know what they knew how much better it was and you know so like uh Balmer Linx is communism and all of these types of things and look I if I..."

"unknown unknowns you'll never know you're just an N of one no matter how good you are and of one exactly and you know you here's a book you might like because Genius of the Beast the radical revision ..."

"contribute that we're all actors in this system you can choose any lens through which to figure that out like the fact that I found it out through Vogue and fashion is like oh well that's kind of cool..."

"P all these little changes I just think it's so much fun I'd meet to again that and I couldn't agree with you more I am I am so happy to be alive at this particular time in history because it is so fi..."

"you're on run that down exactly well listen Julie I am watching my my clock here I could talk to you all day long and I will right here and right now invite you uh again to come back because there's a..."