Think about someone you didn’t take seriously until someone you respect told you that they think highly of them—how many missed opportunities are there because people miss out on this information? We have inefficient markets for reputation today, and that creates all sorts of market failures as a result.
Today, Facebook is seen as the prime example for the power of network effects – and yet, one wonders where Facebook would be had it not acquired Instagram back in 2012. People also seem to forget about all the other social apps which Facebook has bought and subsequently shut down over the years. Why would a company that has supposedly “won the mark... See more
But while socializing or collaborating IRL requires transportation logistics and usually a plan, the new social apps discussed here bring us together instantly, thereby eliminating the need to schedule togetherness ahead of time. Gone too are the geographic limits restraining you to connect only with those within a reasonable commute.
Like death and taxes, aging has long been seen as an inevitable part of the human condition. But during the last 30 years, our scientific understanding of what aging is has improved, and with that, what once seemed impossible is now getting closer to being true: today, only a lucky few make it past 80 in good health, but what if most people did so?... See more
“I think a lot of people have to do things that are motivated by other people’s perception of them and also motivated by the pressure that’s exerted by the people that are very closely around you” – Chamath Palihapitiya
The success of YouTube and Netflix means that new content studios can build on top of existing platforms. And YouTube’s and Netflix’s brand issues mean that competitive consumer subscription platforms can emerge.
When someone is upset, repeat back to them exactly what they said and sigh. Reinforcement of confidence can simply come from listening with empathy. Then pose hypothetical questions that offer potential solutions, highlighting that there are paths out. Then ask what they are thinking going forward, encourage their ability to achieve solutions