Darren LI

Packy is a better investor because of his writing, and he’s a better writer because of his investing.

Network effects are defined as when the value of a company’s product or service increases as usage increases.That means the more users you have, the happier they are, and the cheaper it is to acquire new ones, which means your growth accelerates. Accelerating growth means exponential growth. You want to invest in and work at businesses that grow... See more

Professionals should be the ones making the important decisions and steering AI, not letting it run loose hoping for the best.

10. A lot of founders are too addicted to operation numbers. The number of followers on Discord, the number of Twitter followers. These are the worst vanity tricks, and I ask founders to ignore these numbers because often quality is more important than quantity.

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.

There is a broad middle of more-or-less commodity, more-or-less undifferentiated choices that depend on distribution and aggregation to be chosen.