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Just as BitTorrent allowed us to exchange packets of information instantly and without an intermediary, crypto tokens let us distribute value in the same way.

There is immediate gratification in knowing you selected a creator before their exponential growth, akin to holding bitcoin when it sat at just $1000. It is a form of social currency for young people today, one that carries more weight than the extent of your fandom.

Children and college students aren’t the only ones turning to online education during the coronavirus pandemic. Millions of adults have signed up for online classes in the last two months, too — a jolt that could signal a renaissance for big online learning networks that had struggled for years.

Bloomberg is an example of the classic Web 2.0 business maxim “come for the tool, stay for the network.” But the inverse trajectory, from which this essay takes its name, is now just equally viable: “come for the network, pay for the tool.” Just as built-in social networks are a moat for information products, customized tooling is a moat for social... See more

Splits take behaviors that used to be purely intrinsic and status driven (social cred) and make them financially extrinsic (social + economic cred). It evolves actions and concepts which are inherently viral by pairing them with an economic incentive.

Total Addressable Market for Initial Subscription Offering (B) The single biggest question my partnership had about The Farmer’s Dog Series A investment was about the size of the addressable market for the initial fresh human-grade food subscription service.

You don't have to be the smartest person in the group at all, maybe not even the most talented. But you have to have a way in which you can bring all these people together. I do think you're going to need some really, really, really pointy skill that you can lean into.