Idea machines are different from movements, which are focused on achieving a specific outcome and are therefore self-limiting (if they succeed, the movement winds down). For example, YIMBYism and climate change are movements that attract operators with shared values, but on the basis of wanting to address a specific problem, rather than a... See more
For social networks, one way to monetize is via social amplification. Instead of cutting off your users by imposing a paywall or membership, charge them to separate themselves from the crowd. Tinder does this with super likes. Fortnite does this with virtual skins. And nowadays, some DAOs, like FWB, are token-gating their Discords so members can... See more
There is nothing bad about staying “Invite only” for a long time. It’s actually great when it’s done for the right reasons, i.e. carefully selecting the right customers to ensure they are fully delighted with the current version of your product. The goal is to avoid unnecessary churn while you’re still trying to find your product/market fit. It... See more
We could do something called the American Equity Fund. The American Equity Fund would be capitalized by taxing companies above a certain valuation 2.5% of their market value each year, payable in shares transferred to the fund, and by taxing 2.5% of the value of all privately-held land, payable in dollars.
I find there’s a lot of value in just making time to stop and reflect on your life, even if you don’t have a concrete plan - this makes reflection and going meta the default, which is the key first step! But I think it is even more valuable to go in with good questions, to get yourself thinking in the right way.
In a Phase II trial of patients who suffered from chronic, treatment-resistant PTSD for an average of 17 years, 56% showed no signs of the condition after one MDMA-assisted therapy session. Following up at the one-year mark, 68% no longer had PTSD.