King

A grant is an award, usually financial, given by one entity (typically a company, foundation, or government) to an individual or a company to facilitate a goal or incentivize performance

In my view, the word “wallet” falls short in a few different ways. Wallets in the traditional sense are static objects — they don’t change or adapt over time. They also don’t necessarily accumulate in value; wallets are purely storage facilities for capital, which, in turn, makes NFTs feel like capital assets. And if we want to get really pedantic,... See more

demand for a product increases when the price of its complements decreases. In general, a company’s strategic interest is going to be to get the price of their complements as low as possible. The lowest theoretically sustainable price would be the “commodity price” — the price that arises when you have a bunch of competitors offering indistinguisha... See more

Opendoor took 15 years to have the right team.