Information wants to be free*

In the same way the internet was a democratizing force that gave everyone in the world the ability to easily create and share information, the next step is to give everyone in the world the ability to easily create and share value.

Every day we open up Twitter and can plausibly expect for some gem to show up, like Kevin Kwok on Figma, or Turner Novak on Pinduoduo, and expect to read them for free. In certain slices of the new knowledge economy, particularly in financial analysis or in business strategy, you can get a mediocre product for a price, but the very best products ar... See more

Information wants to be free, but it also wants to be expensive. In an ideal ecosystem, audiences would enjoy the universal accessibility of media, and creators would enjoy more pricing power and stable returns on media which appreciates in value.

Controlling valuable pillars of internet utility -- the flow of information, social connections, music and video delivery -- has created tremendous wealth for a few while very little for stakeholders not on the company’s cap table.