sari

If someone doesn’t understand you, it’s not their fault — it’s yours.

Imagine that you rented apartments on Airbnb in 2008. For every $100 you make, Airbnb throws in $5 of stock. It’s now 2010, your stock has tripled and you think Airbnb is onto something. How much would a competitor have to pay you to list? Much more than $5 for starters. If it’s not equity, you may not even do it. What if they become successful and... See more

Reason #2 is that media, like many other industries, is undergoing an unbundling: “the decline of the firm as a principle agent of change” as Nadia Eghbal puts it. In other words, more power to the players, who can now produce independent revenue streams via social media and live streaming services like Twitch. Players also have a stronger role in ... See more

A decade or so ago, people started realizing that every single idea on the internet has been done before. What started was a trend towards hyper-niching. Nowadays, you can find very specific blogs on Labrador Training raking in 200,000 monthly users, but if you'd start a "Dog Training" site today, you would never get to that point.