...there’s opportunities for better governance and data/privacy within companies, for users to secure themselves through more private alternatives to traditional technologies and services
Usually, the exit is when the startup gets sold to a bigger, generally more boring company, or when it “goes public” on a stock market and pieces of it get passed among countless buyers and sellers. That’s when investors, along with founders and early employees, get their payday. But for startups that build communities—of users, or workers, or whom... See more
by replicating and storing user data across an open and decentralized network rather than individual applications controlling access to disparate silos of information, we reduce the barriers to entry for new players and create a more vibrant and competitive ecosystem of products and services on top.
Shouldn't it be easier than ever before to make beautiful structures? Why isn't it the default? Why can't we seem to?
It is far easier to move the earth than it was 200 years ago, yet the end result gives a feeling that nobody is really trying their best. https://t.co/OZwjXjI29T
More recently, Vitalik Buterin and others in the cryptocurrency community have taken up the rhetoric of blockchain mechanisms as public goods. To be sure, crypto protocols are among the most compelling novel institutional forms. Their unique capabilities derive from their "public" qualities: unrestricted membership and participation, open APIs, tra... See more
“Elon Musk is sane in a way that almost every human is crazy” – Tim UrbanThe world moves so fast that conventional wisdom does not translate across generations as well as it used to Reasoning by first principles: knowing when and how to abandon outdated forms of knowledge
If you want to build a product that millions (or hundreds of millions) of people can use, you must defy this tendency to prioritize the core product at the expense of the “first mile.”
We don’t yet have great ways for talking about this new spirit of collectivism. The relationship between individuals and society has always been framed as a necessary compromise: we are told we must sacrifice our personal goals for the sake of the many. But what if it’s not a zero-sum, either/or? Humans, at our best, are capable of embracing seemin... See more
. Prior to Cameo being founded in 2017, it would have been strange for celebrities to charge fans for personalized shout-out videos, but Cameo normalized this type of paid interaction—and anticipates $100M in bookings this year.