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That brings us to the other aspect of the cultural touchpoint — tokens. Robux are tokens in a virtual economy, similar to tokens on a blockchain. By creating an ecosystem that runs on virtual tokens, Roblox is essentially priming our kids to understand the nuances of the token economy. The only difference right now is that they can’t purchase their... See more

Brick-and-mortar grocers have built in geographical demand, but online grocers must pay “rent” to Google, Facebook and other top-of-funnel acquisition tools—and that rent tends to rise over time

Usually, the exit is when the startup gets sold to a bigger, generally more boring company, or when it “goes public” on a stock market and pieces of it get passed among countless buyers and sellers. That’s when investors, along with founders and early employees, get their payday. But for startups that build communities—of users, or workers, or... See more

I love this quote from marathoner Dick Collins: “Decide before the race the conditions that will cause you to stop and drop out. You don’t want to be out there saying, ‘Well gee, my leg hurts, I’m a little dehydrated, I’m sleepy, I’m tired, and it’s cold and windy.’ And talk yourself into quitting. If you are making a decision based on how you feel... See more

Burniske warns, "Markets are a powerful technology that is meant to serve society's virtues, but markets are dangerous as a virtue system in-and-of themselves. If we continue to allow markets to dictate our virtues, we will perpetuate a society that the majority now whisper is selfish, divisive, imbalanced - threatening, even." With everything in... See more

The market cap of social money on Roll will soon exceed $250M, and has been growing exponentially since July. We’re in the nascent stage of creators as corporations.

"There’s not much to be said about the period except that most writers don’t reach it soon enough."

Even ignoring the “natural” outcome misalignment that might happen when dating: some people are looking for marriage and kids, others for casual dating, others for a quick hook-up — misalignment on dating apps tends to be a lot more egregious.