Darren LI

If popular Creators are using Beacons, their followers will start using Beacons too, and the loop continues. The loop is working: Beacons generates 77% of new users from this viral growth loop, and 18% from an incentivized referral program, meaning that 95% of new users come from other users.

Challenges of NFT memberships:- Creators don’t have direct control over the price of NFTs after mint.- Creators might alienate fans if the value of the NFT isn’t clear.- Managing an NFT membership community is a lot of work.

Why was this type of network more valuable than the other ones mentioned above? There are at least three reasons:- There are global network effects to the telephone- The marginal cost of servicing a phone call is zero- In communications, subnetworks form within the overarching network

Authentication needs to be quick and convenient for the sellers and reliable and consistent for the buyers. Product discovery and navigation needs to be contextualized and entertaining, either through editorial point of view or through livestreaming and social component. Visibility needs to be equal to all sellers and platforms should support in... See more

What about larger companies? With some caveats, larger companies aren’t worried about going out of business because their Amplitude is too expensive. They might be price-conscious in terms of negotiating a contract in context of their budget, but most SaaS software is just a line item at the end of the day. What matters more is that the solution is... See more

This diversity of acquisitions speaks to Google’s willingness to consider just about any tech company that passes its famous “Toothbrush Test,” an M&A litmus test developed by co-founder Larry Page. Under the test, a target company must produce something that you would use once or twice a day, and that would also make your life better.

Anyone who can predict demand more accurately, test more nimbly, and dial up production of popular SKUs faster than others, thereby reducing waste, inefficiencies and markdowns, will hold a huge advantage over competitors.