Letters to a Young VC: Letter Eleven

A collection of letters encompassing simple insights and recognition of foundational shifts that any bright minds trapped within the old norms of a VC mindset can use to break free, whether they are just starting their journey or reflecting back on what they wish someone had told them in their early days.


From Vc to Ac.

Amplifying the delta between load and effort for more savvy cash.

At some point on every journey towards the hope of more savvy bags, one has to put aside the theatrics and mimicry of conventional wisdom and shop instead for insights, a thesis, for mechanisms that amplify gains with greater consistency and more innate coherence.

Imagine if you will, oh savvy bag seeker, shopping in an apothecary of wonders for amplification devices and the simple schematic formulas that handcraft them for market makers like you.

In these made to fit market devices, more cash comes from significantly decreased effort in relation to equal or higher productive loads, which can only be recognised by the savvy.

What do we mean by effort and load? Effort is exactly what you might think it is –– how much force you have to put into a thing in order to get something worthwhile back. Load is a lot more interesting. It’s how much the thing you are trying to do has to maintain before it collapses. It describes the capacity for gain.

Increasing your capacity for gain whilst decreasing the effort you have to put in to get it leads to a very obvious place –– more cash comes out of the mechanism that lets you do this.

And, there is even a formula for it: Ac = Load/Effort

It comes from a very similar formula for the mechanical advantage presented by any lever. In other words, how a lever is able to amplify its carrying capacity with reduced work put in.

The implications of this are not so obvious because of this, when we say that content is the new cash under very specific circumstances, it is real in a way that carries its own weight. It means more than the usual empty claim or paper decree.

The technical thing that is happening here, in devices that express this formula, is that their elastic limit, or yield stress, increases often drastically.

How we represent that as cultural creatures, is to fill the load capacity with content. The content that performs best in line with maximising the conversion of capacity into gains, is the most inherently far reaching growth orientated and catalytic content for reducing effort near or beyond 0 and spreading reach far and wide.

It is inherently free and open content that incentivises each source, each derivative, each creator and carrier of it to make more of it. That content is clearly CC0.

This mechanism secured within decentralised technology, represented by an NFT, operates through four component gear functions, from how it provides extensive room for the continuous supply of source material, to its defense of creators from malignant concentrations of power left over from decrepit and ancient legacies of outdated systems, to the the accelerated and precociously networked flourishing of derivative works with celebrated value, and to, the guest of honour for this entire letter: amplification in device form.

This simple to some, not so much to others, seeming set of mechanisms even take on more of a life of their own as they leap from screens into IRL visual projections within immersive spaces that themselves act as further amplification devices. Turn by turn, these device grinding mini apes 🙊 give everyday VCs the means to transition from entirely chance based local games to skill based non-local games in a contra-casino garden model.

The practice of these games paints through pointillism the recursive waves of our Amplification Coefficient.

But, “how do you actually practice?”, the savvy might ask.

It’s not quite “make good art”, but almost like it:

Make fabrics of the culture and principles that otherwise are lost to the void of no audience when everyone has an audience too loud to give real attention to through web2 social media.

Make fabrics of our art, culture, principles, and the code itself that enables these decentralized technological revolutions in commerce and society

Make apparel of these fabrics, physical and digital, minted as NFTs with many layers of factorial decentralization.

Amplify these made goods and the messages they carry through immersive meta-experiences, IRL & everywhere.

Make yourself a student of the game and keep studying if these schematics don’t reach a fully grokked level yet. And of course, no matter what comes, keep crafting.


Any value brought in from sales of NFTs minted through this article will be used for building out the F₃M Realm treasury, which will eventually be governed and coordinated by the DAO, furthering to decentralise the web3 fashion capital stack.

F₃Manifesto (F₃M) is a rally flag for the entire web3 fashion movement. It’s a label and realm that is built for so much than just the digital and physical threads and collections that it will spin up and release.

Subscribe to F3Manifesto
Receive the latest updates directly to your inbox.
Verification
This entry has been permanently stored onchain and signed by its creator.