Covid accelerated trends that were already shaping the future. The future of K12 is a world of personalized learning. A world where each student is challenged with materials that are customized to their strengths, needs and interests in a manner that maximizes their potential. This vision requires the digitization of K12 (unless we are to move to a... See more
Shared governance is attractive, even if it has no teeth. DAOs and token-based crowdfunding campaigns showed that people are much more likely to contribute if there is a built-in mechanism to vote on how their money is spent and how their favorite companies are run.
Fortnite, on the other hand, like most games, is selling purely virtual goods that have zero marginal cost; a costume or emote are bits in a database. Epic may be right that Apple’s 30% take is higher than it would be if the App Store had competition, but ultimately the cost of Fortnite’s V-Bucks is a completely arbitrary one (that is why, for exam... See more
My thesis is that when deployed at scale, using a market where users value content in real time will be superior in surfacing quality content to the ad driven model we use today. An attention market will align incentives where the best content is incentivized, boosted, and has a permanence that is missing from the real time feeds we use today. We c... See more
No industry was spared from the effects of Covid-19, but restaurants were undoubtedly one of the hardest hit. The numbers prove the stark reality: food service industry sales fell by $240 billion in 2020 from a projected $899 billion, and more than 110,000 eating and drinking establishments closed last year nationwide (that doesn’t include what’s s... See more