sari

Scale and loyalty are generally the most important metrics to me as an investor as they are the most sustainable — and measurable — competitive advantages. They are *much* more important online than offline, which is why the internet economy has such pronounced “winner take most” dynamics relative to the offline economy.

All interviewing should be a matchmaking game of who they are and how they see themselves and where they want to be and is this is a fit. And if this isn't the best fit, isn't it in everyone's interest to get to that as soon as possible? Not six months after you're hired or six years down the line, you feel like you wasted a big chunk of your life... See more

So where does Twitter fit into all of this? The Internet created an explosion of content; Twitter helps make sense of it. Twitter is online media’s tool for discovery—for finding and acquiring customers.

Collective enforcement, then, is the essence of norms. This is what enables the egalitarian political order so characteristic of the forager lifestyle.