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With the addition of community leaders into the supply chain, the unit economics for online groceries are fundamentally changed. Now CAC is lowered since community leaders are responsible for creating their own customer groups. Customer Life Time Value (CLTV) is extended since customers have more hands-on support and social buying promotes frequent... See more

In just five years, Pinduoduo has attracted 585MM users and reached ~$140B in annual GMV. Much of the e-commerce platform's success has come from its "social buying" features, which encourage consumers to team up, order in bulk, and receive discounts. This premise could work well in the US. We're continuing to see a shift from thinking about... See more

-Faucets inject asset supply into an economy

It is possible to build a significant alternative — a network-driven high school that is highly scalable while maintaining superior quality of experience for the students.

When considering Passes, it’s important to note that they are not exclusively a monetization feature. For most players (including payers) the Pass is primarily retention and an engagement mechanism. So it must provide the right incentives to engage them in fun activities and keep them interested in the rewards.