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This essay is my best attempt to figure out the dimensions that could make Crypto 10x better than equity for funding early-stage projects. It’s important because it is entirely possible that in a few years time we could be living in a world where traditional equity goes the way of the dinosaur (or, closer to home, the entrepreneurial bank loan). Bu... See more
Every • Will Tokens Replace Equity?
Where others failed with asynchronous purchases of “nice to have” high-end products, Pinduoduo created a synchronous mobile shopping experience equivalent to going to the mall with friends.
Turner Novak • Pinduoduo and Vertically Integrated Social Commerce
Alan Moore: interview on mtv.com
Bret Victor • Bret Victor, beast of burden
COMPASS became the first publicly traded psychedelic drug stock when it went public on September 18th, 2020. It raised $127.5 million in order to fund research and clinical trials, and to continue developing digital technologies to pair with its therapies.
Packy McCormick • The Magic of Mushrooms
Our philosophy is quite simple, really. If you look over a creative person’s shoulder, he will stop doing great work. Wouldn’t you, if some manager were watching your every move, clutching a calculator in his hand? So that is why LVMH is, as a company, so decentralized. Each brand very much runs itself, headed by its own artistic director. Central
... See moreSuzy Wetlaufer • The Perfect Paradox of Star Brands: An Interview with Bernard Arnault of LVMH
Most problems are people problems, not technology problems. I don’t believe we are about to surrender to a robotic new dawn, where an AI will replace McKinsey or your therapist. Why? Because a company doesn’t hire McKinsey because they are better than the AI. They hire McKinsey because if something goes wrong, nobody will blame you for hiring McKin... See more
