sari

Part of the issue is the strong focus on distributing financial reward in exchange for participation. It’s a well established belief that reliance on extrinsic motivators, especially financial ones, are not enough. User's intrinsic motivation, and, specifically, perceived enjoyment, is a more explanatory variable of continued use.

What makes you interesting is reading, thinking, slowing down, having long conversations, and creating a rich inner life for yourself.

In short: people keep participating and buying in because they are betting Axie can figure out a way to make it sustainable. It’s kind of like if the original Ponzi was more honest and pitched the scheme as a way to raise funds and build an audience he could leverage into a sustainable business. The way Axie plans on doing this is to try and grow... See more

Because the Embedded Lender splits the infrastructure costs across multiple brand partners and drives down unit costs with scale, the Embedded Lender can be profitable even when a brand could not be.

If you take a bong rip and close your eyes, you can imagine a world where Roam is a new sort of internet. Where people can publish ideas and reference each other’s ideas in deep, interlinked ways. It’d be like a giant public brain, instead of a private second brain.

That certainly would be a network effect.

The only problem is, I’ve seen a lot of... See more

Generally speaking, the network functions through a point system. Parents trade their time babysitting for points, rather than dollars. Those points can be used to "purchase" time for someone to babysit their own kids. If a family doesn't babysit for other families, they will ultimately run out of points and to continue participating in the... See more

I want to still not only support photos, but continue to do great work in the photo space. But we've done great work for photos historically. We haven't done great work for video. So we need to catch up there. Swimming against that trend, I think, is going to be really bad for Instagram long term. We could just not enable videos. We could not try... See more