sari

Appreciation is a form of taste. Creation is another. They are often intertwined, but don’t have to be. Someone could have impeccable taste in art, without producing any themselves. Those who create tasteful things are almost always deep appreciators, though. Mark Ronson listens to and loves *a lot* of music. Samin Nosrat tries and savors *a lot* o... See more

Enterprise SaaS: ~70% is GOOD, ~90% is GREAT

Second, the subscription must tie to a recurring behavior. The causality must flow from the recurring behavior to the subscription, not the other way around.

On a recent Acquired episode, Multicoin Capital VC Kyle Samani points out why VCs have far greater risk-tolerance to make moonshot bets with tokenized web3 companies than they do with non-tokenized web2 companies: web3 VCs can always sell off the tokens, typically after a vesting period of a year. Where traditional VCs see most of their struggling ... See more

While some of these organizations may have started with purely financial motivations, I suspect that most of their founders aspire to build communities that can replace some of the social capital that America’s waning institutions once provided.