sari

One of the keys to growing these Community DAOs will be recurring on-chain cash flow. There’s other important factors like community engagement, governance, tokenomics, etc. but generating on-chain cash flow gives Community DAOs capital to reward contributors, hire full time staff, and grow their treasury.

If the purpose of each corporation is not primarily the health and well being of the earth and all life thereon, if its principles are not based on equitable distribution of power and wealth, if it avoids responsibility for the sustenance of family, community and place, if it has no belief system, or one devoid of ethical and moral content, it is d... See more

Then, once an aggregator has gained some number of end users, suppliers will come onto the aggregator’s platform on the aggregator’s terms, effectively commoditizing and modularizing themselves. Those additional suppliers then make the aggregator more attractive to more users, which in turn draws more suppliers, in a virtuous cycle.

Trae argues that a lot of high-margin software businesses have no impact on society, and sometimes even a negative impact on society 

• There are high-margin software companies that do important things, but many are related to advertising, capturing human attention, or creating obscure developer tools for enterprises


• These software compani

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No matter how many people come over for dinner, you’re only going to be able to engage with a few.

And no matter how big the crowd in the arena, the musicians can only see the faces of a few hundred.

An investor can only be engaged and smart about a very small number of companies.

And it doesn’t matter how many students are in the class, the teacher i

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Lead with commitment to a mission. It has to go beyond technology (eg: using AI) or making money (eg: Google cloud revenue). It has to be about making positive change in the world, for real people (users, customers) in the real world. Googlers are idealists at heart and their work needs to mean something. They also need to believe that their execu

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