I think there are a few entrepreneurs that come out that have had protected their generative drive, protected their curiosity, their creativity as they manifest their aggressive drive, and they didn't let their pleasures and their enjoyment of success corrupt them in a way that took their eye off the ball.
But I think those three different drives... See more
Let’s say Farcaster, or other Web 3 social media like it, wants to run ads for the free version of the product. Rather than going out and building an entire ads system (as Facebook and every other social media publisher had to), they can use the composability and permissionlessness of Web 3 to spin up monetization quickly. Assuming an attribution... See more
Focusing solely on the incentive structures misses the elephant in the room: that we are still relying on 17th Century technology to capture and share knowledge.
Vertical integration is typically the dominant strategy when industries are in their early stages or undergoing significant transformation, when market structures are unclear, supply chains are underdeveloped, and new technologies are emerging. Companies that can control more of the value chain can introduce new products that the market needs... See more
genius is about caring about something more than a reasonable person cares about anything; actualized genius is the product of obsessive patterns of thought, coupled with raw intellectual power, carried through a lifetime.
When I was younger, I was never this lucky. It is partly because I was less skilled. But it is also partly because I would interrupt the nonconscious processing back then. Unintentionally, I would tell my brain to focus on something else—a conflict in a TV series I was watching, for instance. I would watch an episode before bed, and the cliffhanger... See more