To get better endorsements, we have to make them costly. They need to cost time, money, or status. LinkedIn endorsements are intended to cost status, but compared to an effective status requiring endorsement — such as an email intro — LinkedIn endorsements hardly draw down your status capital at all.
You can go out on the internet, and you can find your audience. And you can build a business, and create a product, and build wealth, and make people happy just uniquely expressing yourself through the internet.
Jerry Seinfeld once said, when asked how he felt about aging, “I think if you’re a little lucky in life you should enjoy getting older…when you’re young you can’t see what’s going on so well. You get older, you walk into a room and you see who people are faster.”
Normally on a CEX like Coinbase, they own the supply of tokens and they collect all the trading fees. But on a DEX, anyone can add liquidity and earn a share of the trading fees. On Sushi for example, 0.25% of every trade goes to the liquidity providers.
Scattered high-level thoughts on digital health from a beginner trying to make sense of it:
- Why is building a company in the space so hard?
- Opportunities in consumer
- EMR
- One Medical for X
- Nurx for X
- Distribution
For example, I’d love Shopify to tell me the best possible discount code for any store — it knows all of them! Or, if I’m in a retail store, to let me scan a barcode or photograph an item and see if there’s a Shopify shop, either nearby or online, with the same item for cheaper, or at least one that has my size in stock. Or to help me find products... See more
In the mobile revolution, much of the value of mobile was captured by incumbents. For example, while many startups tried to build “mobile CRM”, the winners were existing CRM companies who added a mobile app. Salesforce was not displaced by mobile, it added a mobile app. Similarly, Gmail, Microsoft Office etc were not displaced by mobile, they added... See more
Fully remote school will continue to be unviable for many families. However, the appeal of certain elements (ie, project-based learning) may create new types of schools that maintain an out-of-home structure, but allow for the programmatic flexibility to which many learners have now been exposed. Historically, optionality in education has driven de... See more