In yesterday’s Daily Update I described how Jeffrey Katzenberg, the founder of Quibi, mistakenly assumed that mobile was simply the next step in the evolution from motion pictures to television, each of which created new possibilities for, in Katzenberg’s words, “the creativity of storytellers [to use] these tools in ways that their inventors had... See more
“Thanks to the invention of spreadsheets, we’re going to throw so many bookkeepers out of work!”
“Actually, thanks to spreadsheets we’re going to see the growth of a new cohort of annoying people know as ‘fleece vest bros.’”
As a consumer technology, cryptocurrencies are a hot mess. They’re extremely difficult to purchase, the networks are slow, the transaction fees are high, the community is full of trolls, hackers, and scammers, it’s far too easy to lose your funds or have them stolen, and even if you win the battle to secure your funds or use a custodial service... See more
The social group is broken down into atomized individuals who fight for their right to fulfillment via professional advancement or personal consumption. This system is often sold to us as freedom. Those competing individuals never find true autonomy, however, because they lack the social fabric in which to exercise it.
The default trajectory leads towards intellectual nerds, purchasing on their own and using Roam privately. This is typical of Roam’s current usage patterns, but won’t satisfy Roam’s investors. The swerve leads towards organizational collaboration, network effects, and enterprise customers.