Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
Once Upon a Time… at Bennington College on Apple Podcasts
podcasts.apple.comidea generation and
Sam Whitmore: Building with Memory
youtube.comOne of the reasons that there is so much confusion around token design, and value accrual specifically, is that tokens, and the DAOs and protocols that issue them, are so multifaceted. Sometimes, the issuers want them to behave like shares in a corporation. Others issue “governance” rights to skirt regulations while insiders pump the tokens in the... See more
Packy McCormick • Designing Token Economies
Together, the two houses of the collective will drive a powerful flywheel, funding public goods that make Optimism blockspace more valuable, leading to more revenue for public goods, and so on.
Introducing the Optimism Collective
The way managers are taught to run companies seems to be like modular design in the sense that you treat subtrees of the org chart as black boxes. You tell your direct reports what to do, and it's up to them to figure out how. But you don't get involved in the details of what they do. That would be micromanaging them, which is bad.
Hire good people and give them room to do their jobs. Sounds great when it's described that way, doesn't it? Except in practice, judging from the report of founder after founder, what this often turns out to mean is: hire professional fakers and let them drive the company into the ground.
Amsterdam traded worldwide. The 17th-century city had four times the income per capita of Paris. Foreigners flocked here, and were left largely unbothered. Shorto notes that Amsterdam’s tolerance was – and is – above all pragmatic. Tolerance was good for business, for social peace and innovation. 17th-century Amsterdam published perhaps 30 per cent... See more
Amsterdam: A History of the World’s Most Liberal City, by Russell Shorto
When I was at Index we would include two sections in our memos that were popularized by Larry Summers. We would write about a company's "pre-parade" and "pre-mortem." Not only a "dream the dream" scenario, but a "dream the nightmare."
Kyle Harrison • The Death of a Venture Fund
Tokenomics and