Tekelala

As a seed-stage investor at First Round Capital, I get to meet a lot of founders who are exploring and validating their ideas. It’s an exciting time for them and, as a former founder myself, I relate to the thrill and anxiety of just getting started. You believe you’re onto something and feel ready to bring your idea to life, but there’s also a lot... See more

DomainIn Web2.0, a traditional account is not owned by users themself. For example, Twitter owns all account information and is authorized to recall or delete accounts at any time.Domain NFT is a blockchain-based, open-source decentralized account system. ENS domain name enables users to create a human-readable wallet address and link it to the... See more

This is a very simple explanation of how blockchain can be used for decentralised betting, but here are the key takeaways. Decentralised betting is transparent for the players and the bookmakers. When a bet is placed, an agreement is made and the only deciding factor is the outcome of the event. A key advantage of this setup is the bookmaker can’t... See more

According to research from McKinsey & Company, more than half of survey participants prefer theiremployers to adopt a hybrid virtual-working model post-COVID-19. The Metaverse will enable new virtualoffice environments in which employees around the world will collaborate as if they were present in-person.

This is just one of many drafts you can use, but the takeaways: Keep it simple, Keep it honest, Personalize, personalize, personalize. Again, your first 100 members are going to be brought on by processes that don’t scale: personalized outreach, 1:1 calls, personalized follow ups, personalized suggestions, personalized emails. Which brings us to

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The Internet RevolutionI already explained what happened to newspapers when distribution erased local newspapers moats in the blink of an eye; as I suggested at the beginning, though, this was not an isolated incident but a sign of what was to come. Back in July I laid out how the acquisition of Dollar Shaving Club suggested the same process was... See more

Every additional customer accrued a cost, whether that be the marginal cost of serving them or the opportunity cost of not serving a different customer. Given that, it was, as Christensen noted, perfectly rational to focus on the most profitable ones.However, something else momentous happened around 20 years ago: the emergence of the Internet. As... See more