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FoundersApr 7, 2018

#23 The New New Thing: A Silicon Valley Story

Summary, books mentioned, transcript quotes, and timestamps for #23 The New New Thing: A Silicon Valley Story on Founders.

Notable books mentioned: The New New Thing, A Silicon Valley Story by Michael Lewis, The Engineers and the Price System by Thorstein Veblen, Let My People Go Surfing by Yvon Chouinard

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The New New Thing, A Silicon Valley Story cover
Mentioned at 1:13
The New New Thing, A Silicon Valley Story
Michael Lewis

The host mentions 'The New New Thing' to highlight Jim Clark's unique personality and impact on the tech industry. Michael Lewis's storytelling is…

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The Engineers and the Price System cover
Mentioned at 7:38
The Engineers and the Price System
Thorstein Veblen

The host discusses Thorstein Veblen's insights from 'The Engineers and the Price System' to illustrate the evolving dynamics of power in the econom…

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Let My People Go Surfing cover
Mentioned at 24:54
Let My People Go Surfing
Yvon Chouinard

The host mentions 'Let My People Go Surfing' to highlight a quote from Yvon Chouinard that connects entrepreneurship with the experiences of juveni…

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#23 The New New Thing: A Silicon Valley Story
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Episode summary, books & quotes

#23 The New New Thing: A Silicon Valley Story mentions The New New Thing, A Silicon Valley Story by Michael Lewis, The Engineers and the Price System by Thorstein Veblen, and Let My People Go Surfing by Yvon Chouinard with timestamps, quotes, and episode context.

The New New Thing, A Silicon Valley StoryThe Engineers and the Price SystemLet My People Go Surfing
Episode summary
What I learned from reading The New New Thing: A Silicon Valley Story by Michael Lewis --- He grew up poor, dropped out of high school, and made himself 3 or 4 billion dollars (0:01), New Growth Theory (8:00), "Growth is just another word for change." (11:15), "The notion of what constituted useful work had broadened." (15:00), "If everyone was patient there'd be no new companies." (18:00), Turning his life around at 38 (21:00), Jim's idea to avoid the Innovator's Dilemma (30:00), The beginning of Netscape (33:00), The fast eat the slow (38:00), The people you don't want (40:00), The difference between a pig and a chicken /"They had wanted to be chickens; Clark forced them to be pigs" (43:00), All chips on 00 / Diversification is for idiots (48:00), Moving the goalposts / "Mama, I'm going to show Plainview." (56:00) ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast
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What is #23 The New New Thing: A Silicon Valley Story about?

Summary, books mentioned, transcript quotes, and timestamps for #23 The New New Thing: A Silicon Valley Story on Founders.

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What are the main takeaways from #23 The New New Thing: A Silicon Valley Story?

These are the strongest takeaways surfaced by the transcript, summary copy, and linked mentions for #23 The New New Thing: A Silicon Valley Story.

  • The conversation centers on engineers and economic power.
  • A second recurring theme is entrepreneurship and age.
  • Referenced books include The New New Thing, A Silicon Valley Story by Michael Lewis and The Engineers and the Price System by Thorstein Veblen.
  • The strongest audience signal points to Readers interested in technology and entrepreneurship and Individuals interested in economic theory and the role of technology in society..
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Which books are mentioned in #23 The New New Thing: A Silicon Valley Story?

The New New Thing, A Silicon Valley Story by Michael Lewis, The Engineers and the Price System by Thorstein Veblen, and Let My People Go Surfing by Yvon Chouinard are the clearest linked books in this episode, each tied back to transcript timestamps and quote cards.

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engineers and economic power(1)entrepreneurship and age(1)Jim Clark's eccentricity(1)
Mention sentiment
Deep Dive(1)Highly Recommended(1)Passing Reference(1)
Audience signals
Readers interested in technology and entrepreneurshipIndividuals interested in economic theory and the role of technology in society.aspiring entrepreneurs and business leaders

Books Mentioned

The New New Thing, A Silicon Valley Story cover
The New New Thing, A Silicon Valley Story
Michael Lewis
Best for Readers interested in technology and entrepreneurshipOften cited around Jim Clark's eccentricity

“The book discusses Jim Clark's eccentric personality and his impact on Silicon Valley, detailing his journey from poverty to becoming a billionaire and the creator of Netscape.”

View mention details
Sentiment: Highly Recommended
For: Readers interested in technology and entrepreneurship
Key quote: “Oddly enough, this character was at the center of one of history's great economic booms.”
The host mentions 'The New New Thing' to highlight Jim Clark's unique personality and impact on the tech industry. Michael Lewis's storytelling is praised for capturing the essence of such eccentric figures, making the book a compelling read.
ASIN: 0393347818
Buy on Amazon
The Engineers and the Price System cover
The Engineers and the Price System
Thorstein Veblen
Best for Individuals interested in economic theory and the role of technology in society.Often cited around engineers and economic power

“The book is mentioned in relation to Veblen's theories about engineers seizing power from financiers, predicting that engineers would rule the economy due to their understanding of technology.”

View mention details
Sentiment: Deep Dive
For: Individuals interested in economic theory and the role of technology in society.
Key quote: “Back in 1921 veblen had predicted that engineers would one day rule the US economy.”
The host discusses Thorstein Veblen's insights from 'The Engineers and the Price System' to illustrate the evolving dynamics of power in the economy, particularly the shift from financiers to engineers. This context is tied to the narrative of Jim Clark, highlighting how engineers are increasingly recognized for their role in wealth creation.
ASIN: 9811746699
Buy on Amazon
Let My People Go Surfing cover
Let My People Go Surfing
Yvon Chouinard
Best for aspiring entrepreneurs and business leadersOften cited around entrepreneurship and age

“This reference to, now he's on the path for juvenile delinquents, it's always amazing how books are the original hyperlinks and these ideas that we read in one place we keep seeing pop up in another one.”

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Sentiment: Passing Reference
For: aspiring entrepreneurs and business leaders
Key quote: “you want to understand the entrepreneur, study the juvenile delinquent, which is from Yvon Chouinard, the founder of Patagonia, and in his book, Let My People Go Surfing.”
The host mentions 'Let My People Go Surfing' to highlight a quote from Yvon Chouinard that connects entrepreneurship with the experiences of juvenile delinquents. This reference serves to illustrate the unconventional paths that can lead to success, as exemplified by Jim Clark's journey.
ASIN: 0143109677
Buy on Amazon

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