In many cases, the reader might be able to provide valuable insight that was inaccessible to the author, simply because they have had a different set of experiences. They may be able to unlock something important by applying their own knowledge in the context of the paper. Despite being highly valuable, this kind of insight isn't recorded anywhere,... See more
On the other end of specificity, idea machines are less broad than paradigm shifts, which are widespread, headless, decentralized shifts in cultural norms and attitudes due to changes in systemic conditions. For example, web3 is a paradigm shift, but it’s too big and distributed to be an idea machine.
This is the overall promise of your startup. Expert level performance through appropriate use of your software to speed up a defined part of a businesses’ key workflow.
There are many other products where a brokerage model is required to facilitate a transaction such as online insurance and mortgage agencies. Usually we find these in complex financial products that have some type of regulatory or compliance component. These transactions simply do not work without a person helping a customer along, there is just... See more
The makeup of a successful entrepreneur is a special blend of wanting to make the world better and possessing enough commercial aptitude to figure out a way to do it in a successful and self-sustaining way
A capital allocator would need to have two things happening simultaneously.
Limited fund size: The fund would need to be $150M or less, or otherwise, you’ll be back to being wholly subject to the power law.
Equity optionality: Investors in a startup utilizing this product need to be able to get returns even if the outcome is smaller. That would
A major development in this trajectory, not limited to scientific journals alone, was the invention of graphical displays of information...Graphical displays of information are the foundation of every discipline concerned with quantitative information, because they make information human readable.