We’re seeing the rise of more authentic social media—apps that focus more on the present, and less on curating a flawless online persona for future benefit. I first wrote about BeReal on June 2, 2021 after my Paris-based internet friend Marie Dolle sent me a Twitter DM about how BeReal was spreading like wildfire across Paris. Twelve months later, ... See more
The second structural problem with the VC industry is that most venture firms are selling a product that is fundamentally an undifferentiated commodity — capital.
While the majority of the broader venture market is still dominated by large traditional firms we're seeing more changes in the space than ever before. Celebrities are not only active angels but they're building firms whether its The Chainsmokers or Serena Williams. Angel investing has exploded past $25B in capital invested and you're seeing a broa... See more
Web3 teams have an opportunity to learn from and improve on the strategy of commoditizing the complement. In this essay, we’ll discuss why building and commoditizing a product on top of a user-owned protocol offers maximum leverage to execute this strategy, with potential for stronger economic equilibriums that drive growth, and value, beyond that ... See more
While the Web3 space may be perceived as a financialized playground for scammers, there is a small but growing subculture of leftist labor activism emerging.
I loved this concept of evaluating your own potential cause of death as a venture firm. Over the last few years the number of venture firms has grown from ~900 to nearly 2,000 different firms managing $500B+ of capital. In a market correction some people predict as many as 50% of those firms could fail. One prediction I have is that as venture fund... See more
If you think where our food comes from, particularly in colder climates, you’ll realise it’s grown someplace else. As our bananas, apples, lettuce, corn and rice grow, they extract nutrients from the land. That food is then trucked, shipped and flown to where we live – and where we eat it and excrete it. Yet, we don’t return that organic matter bac... See more