Been thinking about labor organizing, in tech etc., and what it means now.
TLDR: Many CEOs have been able to ignore the skill of working with organized labor for a long time. No more.
And labor organizations will have to get better at being a boon to a company’s performance. ⤵️
Why labor organizing matters: It’s hard to see a good way for working people to get better outcomes (like turning bad jobs into good ones) without organizing.
It’s also hard to see how we provoke people to be more engaged in elections without organizing.
(Some may say “UBI!” or “education!” -- except that the votes required to move government organize in other ways before they vote. Enter… labor organizing.)
On what I’m learning working on a get-out-the-vote project, as a tech person...
71 days ago, a friend and I who have already been active in work on this election were talking about what else we could do…
The season for fundraising is mostly over, and of course we’d phone bank and such…
Was there more?
We noticed a new need… with the mail becoming unreliable, and voting in person plagued by lines and an, um, almost plague. Ha: bloomberg.com/news/articles/…
I once believed, when I got screwed in a negotiation, it was because I was powerless. Small. Not important enough to be respected.
Then I learned from some powerful people that they feel screwed a lot, too! A respected angel said "one out of three deals."
On getting rolled⤵️
I myself get screwed now and again, and always try to speak up. (The first step is paying attention! most people miss it when others take from them.)
I then hold the line — until it would cause more harm than good. (When investing, "does it serve the founder" is my byphrase.)
As @DanDoctoroff once told me from a deal when he was a young banker and the other side pulled a fast one, his boss said to call the other said and say, "You can win this one, but life is long."
Whether it's M&A, a legislative compromise, a sales deal, an investment, any transaction at all... the faster it goes the faster it goes.
Specifically:
What is momentum in a deal, exactly? Speed of responses from the other side, speed of progress toward agreement with each exchange (which is why overloading with too many asks, even if you have leverage, is often a mistake, #hocusfocus works in deals, too).
Gonna be live-narrating the California Future of Work Commission today, and you can watch the stream here...
Everyone on the Commission now sharing their first influences on how they work -- a person who influenced htem. And again the only word I keep hearing is "immigrant immigrant immigrant immigrant immigrant"...
Having worked in government and with governments, I want to share a point of view on how government works -- apparently very different than what some other leaders in our industry believe.
(Already responded to him separately, so this is more to share my thoughts.)
I worked in NYC government once upon a time, and have worked over the years with many elected officials (e.g., on our fund's visits to small cities with VCs and members of Congress, to which Paul, you'd be welcome to join). Based on personal experience...
1. People in government leadership work more hours for less pay with higher stakes than their peers in the business world. My boss in city government, @DanDoctoroff, got to work every day at 5.30am.