An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.
What would a syndicate look like that could actually get great angels to join and leverage their talents to win competitive deals? Would it even look like a syndicate?
Eventualism has become an accepted norm in the community, because by default since the beginning of the project, starting from nothing, articles have overwhelmingly benefited from multiple eyeballs (and edits).
Second, utilizing patient communities well can improve outcomes in a cost-effective way. Cohort-based programs like Omada, Noom, etc. use group chats and group dynamics to keep members engaged and provide positive feedback on hitting goals. This is the cheapest form of patient engagement and support you can get because it’s from other patients.
Owning payments allows you to build a winning product. Your customers have different needs, pain points, and goals relating to the flow of money, such as tip pooling for restaurant staff (Toast), paying down business loans with daily card sales (Square), tying payments to rewards (Starbucks), streamlining collections (DocuSign), automating accounti... See more
In other words, Medium tries to be the Spotify of articles: you can have an audience, but you can’t control it. Pool your content with the rest, and we’ll expose it to readers (listeners) we control, and give you a share of the money we make.
Intellectually, we know details and small differences matter. We can see the slight differences between two products that look similar on the surface but one is merely functional and the other is delightful. We can hear the differences between two orchestras playing the same notes, yet one rendition makes you yawn, and the other gives you goosebump... See more