On Friday, 12/13, @nabeel and I recorded our latest edition of Hallway Chat.

Show notes:

  • Review of the new Nest Protect, Xmas drones & our surveillance state
  • Fred Wilson’s post & the future of capitalism
  • Twitter’s #1 ranking on Glassdoor & the nature of building a world class company culture
  • And a question for everyone on a company communication tools we should try

As always, thanks for listening and feedback welcome!

The idea that the market will solve such things as environmental concerns, as our racial divides, as our class distinctions, our problems with educating and incorporating one generation of workers into the economy after the other when that economy is changing; the idea that the market is going to heed all of the human concerns and still maximise profit is juvenile. It’s a juvenile notion and it’s still being argued in my country passionately and we’re going down the tubes. And it terrifies me because I’m astonished at how comfortable we are in absolving ourselves of what is basically a moral choice. Are we all in this together or are we all not?

What a read. I could have picked out any paragraph to quote.

this is a good read.

David Simon: ‘There are now two Americas. My country is a horror show’ | World news | The Observer

(via fred-wilson)

Compassion + capitalism

My friend Fred Wilson has authored a great thought piece on the role of capitalism going forward

This line in particular grabbed me from his post:

That said, we do need to recognize that technology is taking massive costs out of our collective P&Ls and creating a large surplus for many of us. At the same time, the people who made up that cost structure are out of work and struggling to put a roof over their head and feed their families. Shouldn’t that surplus, at least part of it, go to assisting those people?

Fred and Joanne Wilson are walking the walk on this important topic. They are generous and dedicated philanthropists while at the same time committed to backing new technology, new jobs and new ideas. 

We desperately need to support compassion in our community while we push for capitalism in our markets. 

There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.

a quote without a source from a comment on A VC: The Limits of Capitalism (via fred-wilson)