sari

It's a flaw in a token economy if you are using your governance token and utility token as a payment layer. If you are being paid for your time on something, assume it will be converted to USD because people can't live off crypto today. With Braintrust, the token is a reward incentive mechanism, not a native form of payment for the work done on the... See more

ZeroDown - $30M in equity led by Sam Altman/Goodwater + 100M debt with Credit Suisse.

Mirror is trying to build the tools for people to create crypto-native businesses similar to how people create e-commerce stores with Shopify.

In a lot of ways people can be split into aimless and not-aimless like this. I think humans are at their best when they are reaching towards something. It doesn't have to be practical or noble necessarily, but something about the reaching itself seems to be required for people to flourish.

Affirm for healthcare: Some systems are more amenable to market-driven, bottoms-up evolution than others. I don't believe the American healthcare system is one of them. The root causes of our healthcare affordability crisis are perverse incentives that demand top-down intervention, from increasing payor investment in preventative medicine and prima... See more

To us the choice is clear: as an app becomes more bloated, more unfocused, prioritising monetisation over intrinsic user experience, the bigger the opportunity becomes for a simplification, an unbundling, a new experience built on a core user insight.

Bright, Devoted, and Oscar have all structured their plans to financially align themselves with providers: when providers provide cost-effective care, both parties gain.