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“A startup, if it’s lucky, creates magic, turns that magic into dollars, and transitions to life as a successful Big Muggle Company, capable of enormous profits and power but no longer able to conjure magic.”
Anthony Hobday • Blog
goal: build magic-scale organizations
If the goal of web3 is to overturn the Internet status quo, then the structure of social tokens today is fundamentally flawed from the ground up. Tokenized communities are centered around what you have — often social or financial capital — while they should instead be centered around what you do.
Gaby Goldberg • Social Token Paradox
Here is the cold hard reality for media companies: if you don’t have access to customers — whether because of the Internet generally, or the pandemic specifically — you don’t have pricing power. Actually, that doesn’t go far enough: if you don’t have access to customers’ wallets, you don’t have pricing power.
Stratechery • Amazon Cuts Affiliate Marketing, Google Versus French Publishers, Streaming Services and Movies
This presents a paradox: if a token can be transferred easily, then those without reputation can simply purchase it, which reduces the token’s ability to serve as a reputation signal.
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
But I absolutely loathe the term content marketing because it sounds so contrived. It sounds like something planned and measured and designed where I don't think that's where the interesting lessons are. I do not think, what is it that the audience exactly wants to hear? That's not where you're gonna get the good stuff. I think the good stuff comes... See more
David Heinemeier Hansson • You can either buy attention or earn it
Prevent providers from ordering a lot of services because the government determines which services will be covered and at what rates.
Angel Maredia • Healthcare, explained by someone who knows nothing about it
Today, we are in a crisis. Silicon Valley's best — our top operators, exited founders, and most powerful investors — are almost all on bad quests. Exiting your first startup only to enter venture capital and fight your peers for allocation in a hot deal is a bad quest. Armchair philosophizing on Twitter is a bad quest. Ya
... See moreMarkie Wagner • Choose Good Quests
In the past, ordering via a food delivery app was somewhat of a guilty pleasure. There was the feeling that we Doordash food when we’re too lazy to cook ourselves. However, the pandemic may have changed the perception of these services. Instead of connoting laziness, ordering groceries and meals in came to mean caring for one’s neighbors and commun... See more