The window of opportunity has largely closed, however, this is far from being the case for B2B marketplaces. Whilst consumers are able to order just about anything online, most businesses have not even started transacting online... That being said, I suspect that this category is where the next generation of outliers will be built.
In 2019, we saw the streaming wars between Twitch, YouTube, Facebook, and Mixer heat up for individual creators. I expect there to be a shift in strategy towards structuring deals around leagues, tournaments, and teams.
This Bullshit Industrial Complex has always existed. But thanks to the precarious economics and job prospects of the creative person, it is often in a creative’s financial interest to climb the bullshit pyramid. In the short term, it’s creating a class of (often young) creatives deluded into thinking they are doing something meaningful by sharing “... See more
This essay is my best attempt to figure out the dimensions that could make Crypto 10x better than equity for funding early-stage projects. It’s important because it is entirely possible that in a few years time we could be living in a world where traditional equity goes the way of the dinosaur (or, closer to home, the entrepreneurial bank loan). Bu... See more
Many have predicted that DAOs will eclipse centralized organizations.
How does that happen, and how do DAOs successfully scale to that size?
Through SubDAOs 🔽
Bitcoin works by spreading the currency's entire history of transactions — the blockchain, it's called — out across the whole network of its users. Rather than just recording transactions, Ethereum's blockchain would be able record and execute any program you can code. Bitcoin is a pretty interesting fish, but Ethereum is poised to be the whole oce... See more