No wonder people hunker down and avoid committing. The macro risk is gone; nobody is seriously worried about global nuclear conflagration. [1] We’re worried about comparatively micro risks, though: financial instability; the grinding risk of having more debt and fewer assets than the previous generations; the fear of relentless social atomization —... See more
Over the next year, the Instacart team turned the company around. We went from losing $15 an order to making $3 an order. Without raising additional capital we built a cash buffer that was good for another year plus. We accomplished more in that 12-month period than I ever thought possible.
What investors pay attention to when analyzing potential investments in the space: large TAM and scalability potential (i.e. volumes!), community, a ppeal to a diverse audience, u tility of the NFTs / Social Tokens & fan tokenomics, GTM and distribution strategy, and s tatus, connections & influence of key members / team.
In 2018, NYT tested a new price for their flagship digital news product: $1 per week for a year. After that, it would renew at a higher rate (full price is $17 per month).
If you think you’re going to “make it” by networking and attending a bunch of meetings, you’re probably wrong. Networking can be important early in your career. And you can get serendipitous with meetings. But the odds are pretty low.When you meet people hoping for that lucky break, you’re relying on Type One luck.But you’re not getting Type Three... See more