Don't be a flash in the pan. In a world where all things are showy, flashy, signal value — real recognizes real. Today we’re talking about fundamentals, so you don’t have to be a flash in the pan. Let’s get into it.<br /><br />00:00 All that glitters is not gold<br /><br />01:43 The Matrix: Simulacrum and Simulation <br /><br />05:42 The Keynesian Beauty Contest<br /><br />07:46 Perception is now reality<br /><br />100% of the revenue from this channel is donated to <a href="https://www.code2040.org​" target="_blank" rel="nofollow">https://www.code2040.org​</a> - thank you for helping me help the engineers of tomorrow.<br /><br />I’m Garry Tan, venture capitalist and founder at Initialized Capital. We were earliest investors in billion dollar startups like Coinbase and Instacart, and I’m a Forbes Midas List Top 100 venture capitalist in the world. We want these videos to be about helping people build world-class teams and startups that touch a billion people. Our startups have gone on to create more than $100 billion in market value so far, and Initialized has over $1B in assets under management.<br /><br />Please like this video and subscribe to my channel if you want to see more videos like this!<br /><br />Follow me on Twitter and Instagram so you'll never miss my videos and ideas—<br /><a href="https://instagram.com/garrytan​" target="_blank" rel="nofollow">https://instagram.com/garrytan​</a><br /><a href="https://twitter.com/garrytan​" target="_blank" rel="nofollow">https://twitter.com/garrytan​</a><br />...<br /><a href="https://www.youtube.com/watch?v=5GvPTPbSbjc" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=5GvPTPbSbjc</a>