Writing about internet communities, products, creation, and crypto.
When things go wrong in your company, nobody cares. The press doesn’t care, your investors don’t care, your board doesn’t care, your employees don’t care, even your mama doesn’t care. Nobody cares.
For instance, I have been to conferences that have “speed dating” sessions (without the date part, to be clear, and with vaccine and testing requirements) where you meet many people for say two minutes and then move on to the next meeting. This should become a more regular practice.
Today all the gold in the world is worth $12 trillion, while global equities are worth $115 trillion. In 1980, the ratio was one-to-one, with all the gold in the world and global equities having the same value of $2.5 trillion.
Given these realities, I find the furthest extreme of the free and open source philosophy not only unethical in its own right in that it incentivizes wide-scale consumption over production and thus impoverishes the software world, but divorced from reality in that it misunderstands the economic forces responsible for the production of software (and... See more
David Friedman points out that people only do things for other people for three reasons – love, money, or force. Love doesn’t scale, so the economy can only run on money or force. The force experiment has been run and found wanting. Let’s stick with money.
Travis Kalanick started Uber as a hack to split a few private cars with his friends. Thefacebook.com was just a student directory written in PHP. Even Elon Musk started SpaceX with the goal of merely increasing NASA’s budget by pulling a PR stunt.
Group chats where people spend time with their friends online, and so this is where the experiences should happen. Playing a game, watching a trailer, or reading an article with friends should be as easy as sending a message to them. Experiences should build on the group chat, not move away from it.