I certainly agree that working on the right thing is important, but increasing velocity doesn't stop you from working on the right thing. If anything, each of these is a force multiplier for the other. Having strong execution skills becomes more impactful if you're good at picking the right problem and vice versa.
An example is London-based Threads, which has quietly picked up $20M last year with Highland Europe, for its operation which courts millennial, with tailored selections of luxury fashion which it then sells to them directly on services like WeChat, WhatsApp, Snapchat, with a team of human shopping assistants!
However, in aggregate, merchants who opt-in will do better than those who don’t opt-in on their ad spending. In addition, if other merchants opt-in and you don’t opt-in you’re the only one not getting the benefit of the increased marketing efficiency. In this way, opting in will be the optimal decision, especially for small merchants.
Facebook had a growth mantra of “7 friends in 10 days” that made the product sticky for new users, but TikTok doesn’t require any friends, followers, or even an account. The hyper-personalized algorithm recommends content based on thousands of objects and tags analyzed in each individual video, along with an individual user's view history,... See more
A writing example: when I look back in my notes I realize so much of what I write about today I was ruminating about 2-3 years ago. I always knew what I was going to say. I just didn’t have the tools, I didn’t have the maturity, I didn’t have the language or sensitivity to beauty to recognize what that was. So much of what I learned was latent,... See more
Community tokens > Social tokens. For the past couple years, social tokens were a hot topic when discussing the future of crypto-native consumer apps. The thought went, “wouldn’t it be cool if you could invest in people the same way you can invest in stocks?” Bitclout’s initial traction was a sign that there’s demand for this type of product. But... See more
i wish i could do more - i wish i had a thousand hands and a thousand eyes and a thousand years and army of angels and a thousand stars that lit the sky so bright that the night would never come and that our sleepless dreams would fill this world