sari

having someone who is not your spouse feed their thoughts to you 5-days-a-week, thoughts that they themselves have only had a day to work on, thoughts which would likely go refined or unexpressed in a publication with longer-time horizons, is probably not good for your brain.

The online opportunity lies mid-market (for now). Pre-covid, the distribution of transaction volume online is skewed towards the middle, while most of the high-value sales still happen offline. Just 1% of the >100k€ artworks are sold online, yet make up for 23% of the value.

The obvious objection is that Twitter also has public follower counts but still manages to host vibrant subcultures.

The two biggest industries in the world are energy and transport so to shift those two industries to more sustainable energy, there needs to be an ungodly amount of batteries

"The most damaging thing you learned in school wasn't something you learned in any specific class. It was learning to get good grades." - Paul Graham

In the end, my reckon so far is that since there’s no physical or logistical reasons to wrap things together, a bundle must make a lot of sense content, deal, and revenue wise. All other combinations either fail or represent the first steps in becoming a more common publication.

When asked for a definition of “brand,” I use this: A brand is a promise performed consistently over time. It’s held up for a while now.

By acquiring Anchor, Gimlet and The Ringer, Spotify invested in both the underlying tools for the creation of new audio content (over 60% of the 1 million podcasts on Spotify are powered by Anchor) and the creative know-how to develop compelling original content.