Lillian Sheng

The ownership economy is big and growing DAOs, decentralized autonomous organizations, are online communities owned and governed by their members. They can be thought of as the organizational building blocks that make up web3’s economic, social, and cultural landscape.

The best examples from the last two decades are Google and Facebooks’s multi-sided network effects. People prefer searching and connecting with each other on these properties, so advertisers and content creators keep using them. It creates a virtuous cycle, and makes the self-interested move on every player’s part one that reinforces these... See more

The Lambda School Income Share Agreement (ISA) is a form of deferred tuition under which you agree to pay 17% of your post-Lambda School salary for 24 months, but only once you're making more than $50,000 per year. The ISA is capped at $30,000, so you'll never pay more than that for any reason. And if you don't get hired? You never pay.

Think about it: while the owners of business enjoy the dividend yields and earnings growth that our capitalistic system creates, those who play in the financial markets capture those investment gains only after the costs of financial intermediation are deducted. Thus, while investing in American business is a winner’s game, beating the stock market... See more

In contrast, as soon as you opened TikTok for the first time, you saw entertaining videos—time to satisfaction was instant. You didn’t have to worry about making an account, let alone following creators, channels, or friends. You only saw the option to create an account if you tapped the profile icon at the bottom of the app.

We need more shared intentions about how we do things in virtual spaces. Some of them are just being written as we go, like when you’re on a Zoom call with more than four people, you mute your microphone, you know?

1. Introduce frictionInstead of filling out a form to get on HEY's waitlist, those who wanted access had to send them an email. Seeing HEY's overwhelming success with this approach, Alex Hillman of Indy Hall decided to give it a shot with his new book, Tiny MBA. He put out a few posts on social media inviting people to email him if they were... See more

Slightly controversial aesthetics cater to the leading edge of consumer culture, a large population willing to spend money in order to maintain its status. As this group consumes, the cultural Overton window shifts to accommodate more and more radical aesthetics, which lose their novel status as they become normalized. The cultural normalcy... See more

In that same earning call Zuckerberg talked about how there’s a “major shift” towards discovery algorithms, because it “unlocks a large amount of interesting and useful videos and posts you might have otherwise missed.” But he doesn’t just see this as unique to Reels / TikTok. He wants to turn this into a major drive for all types of content across... See more