sari

I don’t know if Brendan and Bryan’s death actually affected how I invest. But it opened my eyes to the idea that there are three distinct sides of risk:

• The odds you will get hit.


• The average consequences of getting hit.


• 
  
  


• The tail-end consequences of getting hit.

The first two are easy to grasp. It’s the third that’s hardest to learn, and can often only

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The promise of the internet has always been a low barrier to entry enabling unique people and brands to find passionate audiences and sustainable business models. That is more possible now through the combination of direct distribution, vertical focus and (often) direct monetization models. But the brands that can pull off DTC strategies need to be... See more

The customer always gets what they want: In the case of an ads-driven business model where the advertiser is the true customer, that’s balanced political news alongside frivolous lifestyle stories as a canvas for ads. In the case of subscribers, it’s being flattered by having their own worldviews echoed back themselves in more articulate form.

Solving the “problem of the firm” and assembling quick, purpose-driven teams: With web3, you could announce your goal publicly. People who are interested will reach out. You can quickly see what they’ve done (see above) and choose the team that meets your requirements. You can create a coin or token and distribute it among the team members. You can... See more

One analogy I heard and have come to appreciate around this dialogue is that of driving a car. For a majority of car rides — maybe you’re commuting to work, driving to the airport, or running errands — a self-driving car might be your first choice. But for a select number of car rides — maybe you’re on vacation, or with friends on a road trip — you... See more