Darren LI

6. Same trend in lending platforms. Aave and DeFi collectively command ~90% of capital moved through lending platforms.

“Shein is so far ahead of its direct (fashion industry) competitors that it's difficult to even compare them.” It’s essentially defining its own category, which Matthew has coined Real-Time Retail.

Some apps will become really popular, others will, like so many social apps created over the past decade, get super hot early and burn out, but all will contribute to the strength and quality of the protocol’s network, making it easier for the next app to come in and tap into more users. That should mean that app developers can spend more of their... See more

Platforms also put together supply and demand, but with a massive difference: they don’t prevent them from getting in touch with each other.

Perhaps Dixon is right that Web 3.0 will play a role in the future of online creative careers, but it’s also clear that Ball and Enjeti, Hilton Carter, Maria Popova, and any number of successful podcasters didn’t depend on a technological breakthrough of this magnitude to put Kelly’s theory into practice right now. The key to their success seems... See more

These companies follow a playbook originally written by Amazon: serve the needs of users within a single high-frequency purchase category, and use that category as a beachhead from which to expand vertically (brands) and horizontally (categories).