Social Capital

“Pretend a devil came to you and said, you can either give up all of your cash, like all the money you have or your identity, which do you give up? Right. And what's interesting is very poor people, right and very rich people generally say they'd give up all th…”

“One of the reasons there's always, like, a new social product historically that comes out for a new generation is because the social capital structures of the old products get stratified and stuck, and so the new people don't want to play the rigged game”

“They actually introduce new features, right. In a way that opens up new distribution to allow effectively new economic growth. It's like a game. You have to keep playing and adapting. Like you might've been really big when Instagram was about posting, but like…”

“No, but clout, clout was so fucking stupid. Like clout always annoyed me. It was like such a, like misunderstanding of how social capital works. Like so fundamentally, but people liked it because people liked scores.”