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Comment by koopuluri

7 days ago

based on my travels to many parts of the world, yes. being mis-aligned with reality has very real, negative, consequences when building companies, and therefore people here are forced to be more truth-seeking.

(not all ofc - i would say this forcing function applies to < 1% of the population in SFBay, but that is still a far greater concentration than anywhere else i've seen).

i find similar truth-seeking-ness in long-term investors. cultures that are more short-term oriented, and who have less feedback from the market, seem to deviate away from truth-seeking because the forcing function becomes weak: you aren't quickly penalized for being wrong.