Excerpt from a YouTube interview with John Collison (Stripe cofounder) reflecting on the emotional dynamics of entrepreneurship and the value of having a cofounder. Collison contrasts moments of pessimism and optimism between cofounders, argues that partners naturally ‘cancel each other out’ as emotional dampeners, and notes the rarity and value of long-term partnerships that can sustain multi-decade projects.
Chapters
You were kind of morose and you were just like down on, you know, is this thing, you know, maybe two or three years into stripe, is this even working? Is this even worthwhile? Like, you know, we're not growing fast enough, things like that. I think that actually maybe gets to one thing we're very lucky to have is kind of a good team dynamic. It's like a lot for any one person to have on their shoulders. And I think two people will naturally have kind of various cycles that they go. And I of course, you know, just like, what are you talking about? It's great, you know, it's going to be fabulous. But I think kind of just because he was maybe in a more pessimistic, you know, humor at that point and I was in an optimistic humor. And if you're kind of just naturally will have highs and lows, you'll tend to kind of cancel each other out and act as dampeners for each other or even just act as someone to kind of talk through the issues with and stuff like that. And so I feel very fortunate that I think not that many people have real partnerships that they can work on something worthwhile on, on kind of a multi decade horizon.