, 10 tweets, 1 min read Read on Twitter
I’ve noticed that many people compete in games they don’t understand because they are modeling the behavior of people around them. Most common is the competition for wealth as a proxy for happiness.
Prevalent in the valley is the competition for rev/valuation/users as a proxy for impact/making the world a better place.
Successful tech founders would have far better lives and legacies if they competed for happiness and impact instead of wealth and users/revenue.
I’m waiting for the day that the top 25 tech CEOs start competing for impact.
They already have all the money/things they could ever want... if they measured themselves by how much they made the world better every year... watch out! Needless to say these folks are pretty competitive.
We need to change to model from build a big company, get rich, and then starting a foundation...
To build a big company, get rich, and use the company’s reach and power to make the world a better place.
CEOs use their shareholders as an excuse to compete in a meaningless game. Their legacies are sacrificed in the name of creating shareholder economic value. They will not appear in history books.
Imagine being a shareholder of a company because you were proud of the positive force they had on society. You’d probably be the type of shareholder every CEO dreams of.
Btw - in my experience wealthy people convert money into happiness extremely inefficiently. It’s actually embarrassing compared to their other obvious talents.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Michael Seibel
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!