If I were speculating on a centralized system, I’d be wary of them a) changing the rules, and b) having some kind of top-down change that prevented me from accessing my account, or whatever it is.
The DoorDash of today isn’t the end state DoorDash. DoorDash is aggregating consumers, Dashers and merchants on its platform and adding great value to each party. This paves the path for the company to one day dominate last-mile logistics and upsell their customers with higher-margin products and services. Each new vertical DoorDash makes available... See more
Understand this: yield has to come from somewhere. If you can’t understand in simple terms where yield comes from, what risk you are being compensated for bearing, then the yield is likely not sustainable. It rests on temporary venture capital subsidies or from inflows into the protocol from other investors. As the recent crypto crash reminds us,... See more
one of the best things that happened in the last ten years are podcasts. Now, I can listen to experts talking amongst each other and be a fly on the wall to the most interesting conversations ever.
“When a great team meets a lousy market, market wins. When a lousy team meets a great market, market wins. When a great team meets a great market, something special happens.”