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Social Capital in Silicon Valley
Social capital, on the other hand, is harder to define and relies on the creation of a “successful status game.”
Packy McCormick • Status Monkeys - By Packy McCormick - Not Boring by Packy McCormick
Social capital shouldn’t be bought—but that doesn’t mean it can’t generate liquidity
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
Social capital shouldn’t be bought—but that doesn’t mean it can’t generate liquidity
Jad Esber • A Novel Framework for Reputation-Based Systems - a16z crypto
Social capital -- the ability to call on someone who trusts you and have them do something in your interest, like e.g. recommend you to a job.
kalzumeus • Don't End The Week With Nothing
Social capital refers to a kind of capital that economists had largely overlooked: the social ties among individuals and the norms of reciprocity and trustworthiness that arise from those ties.38 When everything else is equal, a firm with more social capital will outcompete its less cohesive and less internally trusting competitors (which makes sen
... See moreJonathan Haidt • The Righteous Mind: Why Good People Are Divided by Politics and Religion
One of the reasons that angel investing in the Bay Area was such a status symbol is that it was fairly exclusive.