The reason I find this company so interesting is it doesn’t seem like a venture-backable business at first glance. In order to get $100M in revenue, they would have to have $1.0B in gross subscription volume. When they went through YC, they had an average revenue / subscriber of $70. If that stays the same, Substack will need about 14.3M paid subsc... See more
A GIANT leap for decentralized research was made today 🧬
For the first time, real-world biopharma research and IP was transferred and funded on-chain as an NFT via @Molecule_to @Nevermined_io @vita_dao
A DAO now owns IP and funds biotech research at a leading lab... 👇
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We are all engaged in two projects: living life, and telling stories about it. Our lives as lived are often chaotic, jumbled, aimless. They suggest no obvious purpose. Think of William James’s “blooming, buzzing confusion,” or what Joan Didion called “the shifting phantasmagoria which is our actual experience.” We make this chaos workable, as Didio... See more
But what if you could build a version of Twitter that kept out the Reply Guys and the sea lions, and included only people who had some shared context around a subject or interest? That’s the idea between the company’s launch today of Communities, a way to create semi-public groups where only members can participate in conversations.
Did Steve jobs ever say, "Hey, I want to make a $100 million company?" That was never in discussion. He said, "I want to make insanely great products. Then I want to get really good at marketing because I want everybody in the world to have an Apple device, and the way to do that is to get really good at marketing."
People want to use social media to meet other people—not to win the social analytics game. No one cares how many people you matched with on Tinder. No one cares how many followers you have on Twitter. Did you find love? Did you find sex? Did you find a friend? These are the questions that matter.