When The Family was just 24 hours old, we were making a pitch deck to introduce ourself to the world.
If you go back and look at that pitch deck today, you’ll see that almost nothing in it actually happened.
But that’s the difference between hype, which is useless, and hope, which is useful.
In Europe, our perspective on hype can get even worse when we look out at what’s happening in the United States.
There’s something so specific about our environment and its relationship with innovation that makes it very difficult to be an entrepreneur.The common factor is that all toxicity encourages you to waste your time.That’s what a toxic ecosystem is, a machine for wasting time.Nobody sells you the horrible things going on with the company (at least not until after the company is well on its way to being dead).The second is that you miss critical information filters that can help you understand which parts of that information are useful in your context — because it is not the same ecosystem.