Katherine Boyle: belief

Transcript context

…We're talking about personal displays of wealth. Yes, that is gauche in Silicon Valley, definitely in Seattle. But people are proud of the companies that they've built and the size, like my company did 100 million in revenue or I get a unicorn status valuation. People are proud of that. That's true, and it goes back to this, ‘we are creating something.’ We are creating something, and you all know this better than anyone in the number of founders that you have interviewed. Founders, especially the best founders, are so obsessed with that creation story, even the incentives that are used to align people on the mission. That's more what I meant when I said equity and what is the currency. What is the thing that is traded that makes the system go? It is equity. But why people come here, it is so much more driven to create something real. It's usually driven to right the wrongs of whatever you've experienced in a previous industry. That's so much of what is driving people. One of the things I've been pleasantly surprised with in an ecosystem like Miami is that people are not ashamed to be successful. I do think that that is a uniquely kind of American Dream part of what Silicon Valley should be, and what it is, and what it historically was. It's that people were really proud of what they've achieved, and the number of people they're employing, and what they're building. Weirdly, I think Washington, in some corners, has moved away from that story of creation. Let's talk about what I think is probably now another huge mega trend to come for the decades ahead, the exporting of Silicon Valley to the rest of the country and the rest of the world. You've been talking about it. You're there in Miami. You're not here in California anymore, or Seattle, or the West Coast. How is your personal experience been over the past two years with that?…

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