sari

Imagine if tech companies recognized that, and helped us proactively tune our relationships with friends and businesses in terms of what we define as “time well spent” for our lives, instead of in terms of what we might miss.

As long as the structure of the group is informal, the rules of how decisions are made are known only to a few and awareness of power is limited to those who know the rules. Those who do not know the rules and are not chosen for initiation must remain in confusion, or suffer from paranoid delusions that something is happening of which they are not ... See more

$20M/year & 100% bootstrapped In 2019, they were called "IDIOTS" as they were building a product that already existed. In 2023, their business is better than most VC-backed startups. Thread 🧵

Second-order effects of THE COVID-19 outbreak:

Communities like r/WallStreetBets make investing social. People share their ups and downs with each other. It is like experiencing a concert together, except you're headbanging to the wild swings in your P&L. The WallStreetBets community has shown the power of investing as a tribe.

Maybe podcasting is only a $500m market today, but the commercial radio market is a $40bn revenue market globally, more than double the size of the global recorded music industry. >85% of adults in the developed world listen to radio weekly (nearly 3bn people worldwide) and each listener in the US is worth $67 annually.