🤓 User research for consumer tech startups
đź§ Innovation in social systems
Tokens may represent a net positive for consumers by reducing switching costs between platforms (incentives for early adopters). Low switching costs increases the emphasis on building good products that retain users.
In Waghre’s model, he has a Group A, which kicks the storm off with a post that includes some piece of content or speech that is deemed dangerous by Group B. When Group B calls it out—a behavior incentivized by algorithmic engagement, as other members of Group B reward it—Group A members will usually double down.
Stripe—and now Frontier—aims to be a “buyer of first resort,” sending a demand-side signal to entrepreneurs and investors that a large market for permanent carbon removal exists.
The community-input process is disastrous for two broad reasons. First, community input is not representative of the local population. Second, the perception of who counts as part of an affected local community tends to include everyone who feels the negative costs of development but only a fragment of the beneficiaries.
This is the first time my wife has been interested in crypto. It’s the first time my non-crypto friends have been interested in crypto. It’s the first time my crypto guy friends’ partners have been interested in crypto. ... I have never seen a crypto application generate this much outside interest.
Nervous about joining an early stage startup? Let's talk about risk. There are two types of risk: job risk and career risk. People think they are the same. They aren't. They are very different.