Everyone likes to forget this episode just because it's terrible, but we were really sleeping on inherent comedy in a unfreezing an investor 300 years in the future and having them discover we've transitioned to a moneyless post-scarcity utopia.
— Star Trek Minus Context (@NoContextTrek) January 28, 2021
The Rip Van Winkle Caper, Season 2, episode 24.
Four criminals steal a million dollars of gold bars, then put themselves in suspended animation for a hundred years to hide from the law.
he says something like "It's gold... they used to use this for money, before we figured out a way to manufacture it."
He tosses it away, and drives off.
Investor: MWAHAHAH! I LIVE! I must be rich now.
Future humans: Well, you were dead, so your will probably distributed all your money, so... no
Investor: Noooo!!!!
Future humans: But don't worry: We don't have money anymore
Investor: NOOOOOOOOO
Future humans: What is this thing you call "rich"? Like a good chocolate? You want some chocolate? This machine can make it. HEY COMPUTER, GIVE ME CHOCOLATE
Replicator: *Buzzes, Chocolate appears*
Future human: Oh, I see. Good news then: You're rich.
Investor: Yes!!!
Future human: We're all rich. We can have as many things as we want. This machine can make them.
Investor: Noooooo!
Investor: It's not fun being rich unless there are people who aren't rich to compare yourself to!
Investor: YES!
Future humans: well that's ok then, we still have that.
Investor: Oh?
Investor: oh...
Investor: Uhh... kinda?
Investor: *softly* but that's what I was good at...
Investor: Is there a best part?
Replicator: *bzzzzzzz*
Future human: You don't even have to skip the coffee this time.
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A fun fact on the wikipedia page for the metal–oxide–semiconductor field-effect transistor:
it is the most frequently manufactured device in history, and the total number manufactured from 1960-2018 is 13 sextillion.
That's 13,000,000,000,000,000,000,000.
Though this picture is a bit misleading.
Even with devices this small, we couldn't make 13 sextillion of them in 60 years.
So imagine a chip like this. It's the 555 timer, which is one of the most popular integrated circuits ever made.
In 2017, it was estimated a billion are made every year.
And at the heart of it is the die, which looks like this:
(from Ken Shirriff's blog)
https://t.co/mz5PQDjYqF
And that's fundamentally a bunch of CMOS transistors (along with some diodes and resistors), which are a type of MOSFET. How many of them are on a 555?
about 25. Not many, but it's a very simple chip.
it is the most frequently manufactured device in history, and the total number manufactured from 1960-2018 is 13 sextillion.
That's 13,000,000,000,000,000,000,000.
Though this picture is a bit misleading.
Even with devices this small, we couldn't make 13 sextillion of them in 60 years.
So imagine a chip like this. It's the 555 timer, which is one of the most popular integrated circuits ever made.
In 2017, it was estimated a billion are made every year.
And at the heart of it is the die, which looks like this:
(from Ken Shirriff's blog)
https://t.co/mz5PQDjYqF
And that's fundamentally a bunch of CMOS transistors (along with some diodes and resistors), which are a type of MOSFET. How many of them are on a 555?
about 25. Not many, but it's a very simple chip.
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1/“What would need to be true for you to….X”
Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.
Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
Next level tactic when closing a sale, candidate, or investment:
— Erik Torenberg (@eriktorenberg) February 27, 2018
Ask: \u201cWhat needs to be true for you to be all in?\u201d
You'll usually get an explicit answer that you might not get otherwise. It also holds them accountable once the thing they need becomes true.
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.
