Willis: The "sunlight paradox" explains why public pessimism grows despite progress
Tyler Willis · 20VC: Tyler Willis on How To Be Innovative With Customer Acquisition and The Future Of Innovation · Feb 17, 2016 · at 17:48
Tyler Willis, angel investor, explains why media coverage and public perception of societal and technological progress skew negative despite objective improvement.
0:00 / 0:10exact quote · 10.3s
720p mp4 · rendered on demand · StarZero watermark
“You get this kind of sunlight paradox, which is the way you cure darkness is by shining light on it. But by shining light on it, you show everyone that the world is dark and people get very scared and very nervous.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Tyler Willis
Willis: Value investing does not work in private company markets
“Value investing doesn't work in, in private company markets.”
Willis: A 10x return target is too low for seed-stage winners
“You know, the rule of thumb here is you want to have at least a 10 X, you know, path to, for the winners. And I think that's actually low, especially at the seed stage.”
Willis: VCs and angel investors cannot save a failing startup
“Angel investors and VCs can be very important, can be very valuable, but I don't think they do much of the work, and I really don't think they can save a ship from going off the wrong course.”
Willis: Hiring a growth hacker fails unless founders are obsessed with growth
“It's not something where you go, I'm going to hire a growth hacker and they can figure it out. But it's instead something where the founder is obsessed with growth or, you know, a big part of the team is obsessed with growth.”
Willis: Active angel investing requires a 20-year commitment to see real returns
“Active angel investing is something you should not do unless you want to do it for the next 20 plus years of your career. Because you're not going to see the big benefits of it for 10 or 15 or 20 years.”
Willis: Media focus on trivial, overfunded startups obscures real technological progress
“We've got this massive trend that is pushing towards increased innovation But we don't believe it because the stories we hear on a day-to-day basis are about the person who undeservingly got, you know, ten million dollars for their stupid idea or who, you know…”