Mark Fishman

Banks and investors tend to be uncertain about lending to carbon-removal companies that want to build a facility to test their ideas, Ransohoff said. But with an offtake agreement from Frontier, a carbon-removal start-up can prove to a bank that it will have a customer once the facility is up and running.

An MVP is a basic early version of a product that looks and feels like a simplified version of the eventual vision. An MVT, on the other hand, does not attempt to look like the eventual product. It’s rather a specific test of an assumption that must be true for the business to succeed. In an MVP, you try to simulate the entire car. In an MVT, you... See more

Tailoring language to avoid scrutiny predates the Internet. Many religions have avoided uttering the devil’s name lest they summon him, while people living in repressive regimes developed code words to discuss taboo topics.

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.

Minimum Viable Testing involves identifying hypotheses you have about a market and creating tests that only focus on those hypotheses, not the long-term vision, the customer’s opinions, company or product building. This method forces you to be even more minimal in your initial tests, so that you can save time and have higher accuracy on your... See more

The only way everyone keeps making money is if other people keep putting more money into the system, which either requires more people or deeper pockets from existing people.This is the metagame of STEPN: how long can you milk the magic money machine before it all comes crashing down? And can they fix their doom loop before it gets triggered?