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One of my favorite OG venture blog posts is Paul Graham’s Cities and Ambition. In the essay, Graham explains that cities and communities are made up of whispers about what those cities really value and what kind of ambitions they pursue. New York’s whispers send the message that money is important, so get money, regardless of method. Boston’s message is that intellectual capacity is important, so get smarter. Silicon Valley sends the message that power is important, whatever the form (this mostly manifests in startup success). Ambition is high in all of these cities, but the form it takes comes in different shapes. He makes a couple of critical points that are worth highlighting:Thanks for reading 17,000 Credits! Subscribe for free to receive new posts and support my work.SubscribeNo matter how determined you are, it's hard not to be influenced by the people around you.Because ambitions are to some extent incompatible and admiration is a zero-sum game, each city tends to focus on one ...
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Peter G Schmidt
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