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Future of Media and
Better customer experience leads to more traffic. More traffic attracts more sellers seeking those buyers. More sellers lead to wider selection. Wider selection enhances customer experience, completing the circle. The cycle drives growth, which in turn lowers cost structure. Lower costs lead to lower prices, improving customer experience, and the... See more
Colin Bryar • Working Backwards: Insights, Stories, and Secrets from Inside Amazon
Square & Stripe productized this in merchant payments first; before they came along, most small businesses would get access to funds 5 - 7 days after processing a credit card payment. Square and Stripe gave you your money within a day or 2.
Ayo Omojola • Wave Hunting
SoulCycle talks about how people “come for the body but stay for the breakthrough.” It’s a good workout, but that’s only the beginning. Really what people experience is a sense of release of stress or a new insight and clarity about what’s important to them or a renewed commitment to the goals in their life or an experience of sanctuary, amid... See more
Vox • Crossfit is my church: How fitness classes provide the meaning that religion once did.
What Jeff understood was the power of rhetoric. Time spent coming up with the right words to package a key concept in a memorable way was time well spent. People fret about what others say about them when they're not in the room, but Jeff was solving the issue of getting people to say what he'd say when he wasn't in the room.
Remains of the Day • Compress to Impress
Some Web 2 companies like Uber still aren’t profitable, years after their founding and having gone public. We used to find this odd—trolls are nothing new and they railed against the early Web 2 companies too—but now we’ve simply gotten use to it. Web 3 has yet to prove out its flipped model for utility vs. speculative value.
Antonio Garcia Martinez • The right to never be forgotten
• Give them a platform
Ari Lewis • How Dave Portnoy Single Handedly Changed the Media Business Forever — Ari Lewis
Or take the value of Wikipedia. The creation of this is more or less akin to installing a Bodleian library in every house in Britain. Does this massive new wealth register on GDP figures? Not a blip. Or the new availability of blogs and podcasts. Tremendous writers who, just a decade ago, would have been lecturing to half-empty theatres are now
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