An article came out today in Businessweek about arrogance and Silicon Valley. I thought it was good, but there was one more point I wanted to make.
People often accuse people in Silicon Valley of working on things that donât matter. Often theyâre right. But many very important things start out looking as if they donât matter, and so itâs a very bad mistake to dismiss everything that looks trivial.
The problem comes when people building something claim itâs going to change the world when it still looks like a toy. That just pisses people off.
Facebook, Twitter, reddit, the Internet itself, the iPhone, and on and on and onâmost people dismissed these things as incremental or trivial when they first came out.
I have a thought about why. Thereâs the famous observation that the value of a network grows as a function of the square of the number of nodes, and also many of these services/products double their userbase every N months, with N decreasing as the service gets more valuable. So the value/importance of the service grows hyperexponentially. Iâve never met anyone in my life that has a good intuition for hyperexponential growthâmost of us even struggle to comprehend exponential growth.
There is all sorts of emergent behavior as something grows in importance a millionfold in a short period of time. If some users really love what youâre building, engage with the service or product as an important part of their daily lives, and interesting new behaviors keep emerging as you grow, keep working on it.
As an aside, pay no attention to market predictionsâsome of the worst predictions in the history of business (a market for 5 computers, a market for 900,000 cell phones) have been the most costly.
There are two time-tested strategies to change the world with technology. One is to build something that some people love but most people think is a toy; the other is to be hyperambitious and start an electric car company or a rocket company. Most of the âintermediateâ companies, although it would take a separate long post to explain why, end up not having a big impact.
In closing, I have two pieces of advice for the âarrogant fucksâ who make the world go round. One, donât claim youâre changing the world until youâve changed it. Two, ignore the haters and work on whatever you find interesting. The internet commenters and journalists that say youâre working on something that doesnât matter are probably not building anything at all themselves.