Sarah Drinkwater
@sarahdrinkwater
Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Sarah Drinkwater
Why does it matter? Everything is falling apart. Terra collapsed largely thanks to its token design. Projects that attracted millions or billions of dollars with the promise of absurd APYs are learning the truth of the old adage, “Easy come, easy go.” The regulators are coming. Tokens that were worth a lot of fiat a couple weeks ago are worth a lot... See more
Packy McCormick • Designing Token Economies
The vision, launching publicly for the first time today, is Coalition, a fund and operator network designed to increase diversity on cap tables and help founders access some of the top minds in tech.The fund is a $12.5 million investment vehicle with investors including the founders of Zola, Box, Glossier, Chief and Solv; as well as senior... See more
Coalition: A new fund meets new economic model
Established institutional LPs have backed solo GPs. University endowments and other institutional investors have funded several top managers. In doing so, these LPs seem to have made peace with the model’s structural risks.
Mario Gabriele • The Future of Solo Capitalists | The Generalist
Maintenance work and late stage capitalism
Love and effort create magnificent places. Genius inhabits them. People go to them because they know such places and landscapes offer consolation of the soul, and the soul is not fooled by substitutes. We let those places turn our moods, we want them to, they do so easily. Today it is not always hard to find such places, but why is it difficult to make new ones?
the urge to commoditize alone improves a seen monetary cost at the expense of the unseen. We must not think it comes free of charge.
That which is unique, breaks. When finished objects become commodities they break too, but they are easily replaced. When you break a chair, you buy another chair. We know well how to make one thousand chairs. They sit in boxes, lining the warehouses, ready for two-day shipping.
To mend is to comprehend a human scale problem, and without this understanding our creations become strange creatures
When the unique is created, it also creates the creator.
Forget what they say—instead look at who they marry.
This is a sure-fire technique, and it tells you important things about people you can’t learn any other way. A person’s choice of a spouse—or if they aren’t married, their closest lifelong partner—is much more revealing than anything they say or do in public.
This choice tells you about their own
... See moretedgioia.substack.com • My 8 Best Techniques for Evaluating Character
ReviewsVerifying your supplyLeaning on social proofCreating a perception of qualityProviding a safety netDelivering magic