sari

When you find the right thing to do, when you find the right people to work with, invest deeply. Sticking with it for decades is really how you make the big returns in your relationships and in your money. So, compound interest is very important. 

There is a difference between a company that loses money because it’s investing in the infrastructure needed to become a profitable company, and a company that loses money because it can’t charge customers a price that reflects what it costs to run the business.

The big trend we see here is that over time, creators are becoming more diversified in their revenue streams and are being funded directly by their fans.

UPS, FedEx, and USPS win - we’re fighting to bring customers online, and more customers shopping online instead of in store means more shipping.

“In 2024, you’ll likely see 1,000-5,000 centers around the globe who offer psychedelics for medical use to treat PTSD, depression, alcoholism, end-of-life anxiety, and possibly a handful of other things” – Paul Austin

Reason #2 is that media, like many other industries, is undergoing an unbundling: “the decline of the firm as a principle agent of change” as Nadia Eghbal puts it. In other words, more power to the players, who can now produce independent revenue streams via social media and live streaming services like Twitch. Players also have a stronger role in... See more