Despite these enormous acquisitions and partnerships, delivery app giants struggle to reach profitability, even while charging feeble restaurants exorbitant fees. From this viewpoint, the food delivery ecosystem is broken. It’s one of the reasons why smaller, more localized delivery services have emerged with a new focus: to help restaurants market... See more
If Nike announced that they were opening a hotel, you’d have a pretty good guess about what it would be like. But if Hyatt announced that they were going to start making shoes, you would have NO IDEA WHATSOEVER what those shoes would be like. That’s because Nike owns a brand and Hyatt simply owns real estate.
One of my long-standing frustrations is that people interested in personal growth and spiritual practices often shy away from difficult political topics, while people interested in debating politics often shy away from personal development and spirituality.
Education: you are accessing a common pool of education resources and are benefiting from most experienced people who are able to take you under their wings.
In a world where there are many wealthy people, then, and many more types of wealthy people, there are also more idea machines, and a more liquid idea marketplace. If you’re an “idea operator”, instead of having to beg one of two funders to take your idea seriously, you now have many more potential options to shop around to.
Under the right circumstances, groups are remarkably intelligent, and are often smarter than the smartest people in them. Groups do not need to be dominated by exceptionally intelligent people in order to be smart. Even if most of the people within a group are not especially well-informed or rational, it can still reach a collectively wise... See more