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-When you watch a Presidential Debate or NBA final, how often are you checking live reactions on Twitter or internet message boards? Bullet commentary embeds that community directly into the product, letting you tap into the hive mind and find camaraderie through your screen.
Rex Woodbury • 5 Lessons from China's Internet Companies
“We should take care not to make the intellect our god; it has, of course, powerful muscles, but no personality. It cannot lead; it can only serve.”
-Albert Einstein
What is technology? It’s technique. It’s the way we all do things. And when you discover a way to do things, its value is multiplied by all who use it. It is the proverbial fishing rod rather than the fish. That’s the difference between a startup and a restaurant or a barber shop. You fry eggs or cut hair one customer at a time. Whereas if you
... See moreYou already see this with airdrops of new crypto network tokens to existing holders of Bitcoin or Ethereum holders, people who are most likely already wealthy. They are given free tokens with the hope they will bond to the new crypto project. This is a network bonding curve at work even though it’s still blunt today...The visibility and measuring... See more
James Currier • Network Bonding Theory: Grow Your Startup By Making It A Network
In contrast to the democratization of finance, which leaves retail investors to their own devices, the collectivization of finance brings investors together to support each other and a project, and in so doing, to increase the probability of success. Collectivization is about the group working together towards a shared objective by giving each... See more
David Phelps • Collectivizing Finance
Shopify is a really smart company. It wouldn’t tie its own hands for no good reason. Instead, it made a deliberate, strategic choice to focus on the things that it does best, and to plug in Stripe for all of the things that it does best. That’s what third-party APIs enable their customers to do.
Packy McCormick • APIs All the Way Down
We must conceive of and implement wholly new forms of ownership, financial systems, and measurements free of the attempt to monetize all values which binds institutions to next quarter's bottom line and results in gross mal-distribution of wealth and power, degradation of people, and desolation of the ecosphere, or our stories will be increasingly... See more
Dee Hock • ACCOUNTING IN A CHAORDIC WORLD - Dee W Hock
