Internet Scale Businesses

What I try to look for, and I'll tell you how I look for these things, but I try to look for companies that are early and inevitable. This is the combination of words that I think about. Stripe did an amazing job of this.Their mission is to increase the GDP of the Internet. Cool. Most people probably believe it's inevitable, that the GDP of the Int... See more

• What was the aha moment for Scott with crypto?
  
  
  • Scott was aware of crypto early, but very skeptical. Saw that everyone was trying to decentralize just for the sake of it. But decentralization has costs. Centralized entities are often more effective in coordinating interaction.
  
  
  • His opinion started to change with examples of use-cases where tech was

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For example, Indians are not familiar with the concept of salary/hour, which makes products whose value proposition is “convenience” very hard to sell, as opposed to the west.Maybe soulfulness is a function of chaos and inefficiencyIt is impossible to scale in life without standardizing, and standardization is the enemy of soulfulnessStandardized t... See more