sari

The next thing Crypto Bezos would notice is that web3 lets companies bootstrap early demand without spending a ton of money on marketing. Incentivized customer / owners will spread the word to other customer owners. Might that let him lower prices, or even pay customers to use the product? If Amazon benefited most from scale, Crypto Bezos’ new thin... See more

Take the music industry, for example. From Napster to the iTunes Music Store and now Spotify, the last two decades look a lot like an exercise in how to use internet platforms to effectively deny income to musicians while extracting maximum value in content and data.

Ever try to persuade another person? Let’s say it is even of an uncontested idea such as supply and demand. You might “final exam them into admitting that the demand curve slopes downward.” But still, if they do not understand enough of the uses of supply and demand thinking, they will find it hard to think in terms of supply and demand themselves.... See more

This startup's revenue graph is the best illustration I've seen of the overnight success that takes years. The graph goes almost vertical at the start of 2023, six years in.

Borrowers are already accustomed to borrowing from multiple lenders other than their principal banking provider;

Building a search engine is without doubt a hard and challenging task[3]. You need data, you need access to crawling, you need good algorithms, you need smart people and you will most certainly need more than tens of millions of dollars. There are many technical challenges, network effects working against you, and data barriers to entry.