Mark Fishman

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. 

Because you can see, even more clearly with the distance, the theory of attention that underpinned the iPhone: that with these calm and capable devices in our pockets, we would ourselves become calmer and more capable. That we would master what cognitive scientists call executive functioning — the ability to mentally plan, organize our working... See more

Digital platforms used to bring our physical lives online, but now that we have uniquely digital experiences and relationships, we don’t have products that let us successfully bring those offline.

One of the highest-valued private technology companies, grocery delivery service Instacart, announced last month that it has cut its valuation 40%, from $38 billion to $24 billion. To be more specific, the 409A share price (or value of a share of common stock) went down in its most recent third party analysis, such that the company is now valued at... See more