sari

First, cultivate pools of talent that are very high in quality, even if very low in quantity. Recognize that people have already self-selected on media channels like Twitter, blogs, and podcasts, on discord/slack, or even in group houses. Design incentives to attract the applicants seeking the right things, for example by using an evaluation strate... See more

In the future, as issuing platforms become more mature and less expensive to experiment with, I anticipate you’ll see even more vertical neobanks. As the barrier to entry for issuing drops, you’ll see one of these from every company that has aggregated a captive segment of customers, and stands in their money flow.

But Google's (relative) position did not last too long either. The internet has become more personal and more social. Individual people (as opposed to companies and specialized "webmasters") started to generate more content and wanted to interact with each other rather than simply "browse" static content. Power shifted towards Facebook and other pl... See more

New York is a city that reminds me that wherever there is order, some disorder lies underneath, some energy had to be expended to bring that order about. That you can't clean up everything without sweeping some things under the rug.