Darren LI

10. Sub $10k transactions command ~90%+ of the frequency of transactions for NFTs. There were ~750k active buyers and sellers for NFTs in the past quarter.

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

First, the cost of healthcare. The exponential increase in cost stems partiallyfrom the need for highly trained staff (PhDs, MDs, nurses, etc)—especially as the cost of skilled labor is growing far faster than inflation. As AI becomes increasingly able to function as a technical expert, there are opportunities to extend the abilities of our... See more

Beacons is the only link in bio company on the market with four Stanford-educated machine learning founders (3 PhD’s and 1 MS).

While same-day delivery and free returns are eroding much of the rest: we’ve now reached the point that it’s not clear that there is anything that cannot be bought online. But actually, the real barrier now is often not touching it, but knowing about it. These are things where a lot of the role of a physical shop is curation, recommendation and... See more

Etsy, ProductHunt and Pinterest (the latter two both A16z portfolio companies) are building solutions from different directions, and a great many people trying to replicate some form of the boutique model online as well, as I suggested here - to create some kind of specialist curation.