the problem was: there isn’t an easy way for a relatively savvy investor to get the type of market-beating risk-adjusted returns that hedge funds and their clients have access to.
These are exciting companies, but a new generation of Experience Economy companies have been born in the past few years that are much more in tune to Gen Z and Millennials. They differ from the past because they are:
A class of supplements bills itself as neuroenhancers or nootropics—compounds you don’t need a prescription for that promise to augment your mental functioning without side effects. A notable subset of the people interested in these brain pills—and sometimes hawking them—are on the right. It’s not hard to see how today’s pressures might make a pers... See more
In The Economics of Superstars, Sherwin Rosen calls these “joint consumption technologies ” — tools that enable a single seller to reach an unlimited number of customers at a very low (marginal) cost. These technologies introduced new benefits for consumers and new economies of scale for performers. The price of entertainment dropped since it was no... See more
Raise your standards, pick up the pace, sharpen your focus, and align your people. You don't need to bring in reams of consultants to examine everything that is going on. What you need on day one is to ratchet up expectations, energy, urgency, and intensity.