Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
If it is true that the era of collective experimentation online was short lived, then the next interesting question is why. One hypothesis that I’m intrigued with is rooted less in technological changes and more in social ones. Shirky’s dictum that revolutions start from behavioral change rather than from technological change helps us also explain... See more
Tim Hwang • Here Went Everybody
We greet information with a fundamental suspicion: Things might be otherwise. Contingency is a trait of information, and for this reason fake news is a necessary element of the informational order. So fake news is just another piece of information, and before any process of verification can begin, it has already done its work. It rushes past truth,... See more
NOEMA • All That Is Solid Melts Into Information
On Lore
docs.google.com
The Indie Era of Startups
bryce.medium.com
perspectives on funding and venture capital (VC) and venture capital
As the amount of capital raised by venture capital firms nearly 8x’d between 2013 and 2022, the number of new startups funded didn’t even double.
When you take total VC dollars raised, divided by the number of new companies, you’ll see the average startup today has 5x more VC capital available than its counterpart did in 2013.
Rather than fund more ideas or more types of founders, most VCs simply ended up giving more dollars to more of the same founders and ideas they’d always back.
Great businesses aren’t good enough to drive the kinds of returns needed to generate the kinds of returns mega funds demand. As more capital was consumed, more risk was layered on to push from a great outcome to a mega-fund returning outcome.
Today, the fuel for startups and the oxygen for funds are being cut significantly. There is less available capital and appetite for burn
At events like last week’s PactDAO panel, there is a noticeably differentiated and nuanced conversation happening. Between the polarized cheerleading from crypto maximalists and the straw-manning from leftist tech skeptics, there is a cautious yet optimistic embrace of crypto as a frontier for constructive experiments, with plenty of design space... See more
Dirt • Dirt: Solid(ar)ity
This looks less like a process of secularization and more like a paradigmatic shift from an institutional to a personal understanding of spirituality. In a qualitative study of a 100 teenagers in five major cities, Richard Flory and Donald Miller found that millennials are not “the spiritual consumers of their parents’ generation, rather they... See more
Casper ter Kuile • How we gather
Castle
castle.xyz