sari

This stems from the structure of the web — it’s a tangle of links, a jumble of interconnected ideas. It fractalizes our attention, nudging us to leave fragments of our mind trapped in open tabs like a thousand tiny horcruxes — open loops feeding off our attention until they wither away, replaced by our latest distraction.

There’s a bottleneck here:

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Eliot Couvat suggested recently, social tokens enable crowdfunding-as-an-investment

We'll look back at social graphs and say that it is a mistake to use the social graph to approximate an interest graph. The people you now don't necessarily reflect your interests.

The better — but much more difficult — solution is to attack epistemic cronyism at the root, i.e., in the way others judge us for our beliefs. If we could arrange for our peers to judge us solely for the accuracy of our beliefs, then we'd have no incentive to believe anything but the truth.

What this means is that there's a period early in a company's life when investors have a larger-than-usual opportunity to get a competitive advantage by understanding the industry better than anyone else in the public markets. Since most companies are not completely unique, and even the ones that are have suppliers and customers, a few expert netwo... See more

the number of college graduates has grown faster than the number of jobs requiring relatively high levels of education.

Feature imitation isn’t a bad strategy. But LinkedIn Stories was dead on arrival. No one in the boardroom asked the critical question: Who cares?

Do you have a “number one principle” that guides you through the ups and downs of running a business?

While it’s not a principle, I often think of the parable of the Taoist farmer. The Taoist farmer has one horse, and the horse runs off. The villagers lament his misfortune, and he replies “We’ll see.” The horse returns with four more horses, and t

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