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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 f... See more

For my birthday this year, my dad gifted me a dirty bottle of water. Not kidding. In the past he’s gifted me: a first aid kit, pepper spray, an encyclopedia, a key chain, dedicated a book he wrote to me, etc. good ol dad gifts. He told me this years gift was extra special as… Show more

Kat Cole on a simple trick to improve a team's productivity.

When I opened restaurants around the world, I learned this simple trick. These were all teams I had never met before.  I had to find a way to iterate quickly  while we were there to improve the business.

It came from a restaurant consultant years prior. He said, "When you open a

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For example, every time a user pays for a piece of software, it is now possible to pro-rate the proceeds to anyone who contributes to the software's development. This is similar to how royalties work for music, but now it can be done cheaply and automatically.

Equity tokens are fungible tokens that represent ownership in an asset or a pool of assets. These tokens are used to incentivize participants to provide a scarce resource to a network. In cryptonetworks, scarce resources include capital, developers, customers, creators, and computing power.

What was most interesting to me, though, was Dorsey’s comment about helping people manage paywalls. One of the biggest challenges to the subscription economy is the tension between leveraging social media to acquire new customers — which like social media itself, requires content that is free to access — and the fact that running a business means a... See more