Though the company has succeeded in securing a $15 billion valuation and earns hundreds of millions in revenue, there’s the sense that its current manifestation is perhaps only halfway to its end state. For Discord to reach its obscene potential, CEO Jason Citron — no stranger to pivots — may have to embrace new technologies, consider different re... See more
If Nike announced that they were opening a hotel, you’d have a pretty good guess about what it would be like. But if Hyatt announced that they were going to start making shoes, you would have NO IDEA WHATSOEVER what those shoes would be like. That’s because Nike owns a brand and Hyatt simply owns real estate.
A tax payable in company shares will align incentives between companies, investors, and citizens, whereas a tax on profits does not–incentives are superpowers, and this is a critical difference.
Audience arbitrage on platforms has even more destructive attributes. Because media buyers have outsourced their audience acquisition to either the media company or the platform itself, the marketer becomes disconnected from the context of its audience. The context and meaning that holds all brands together is lost. Media companies, pressed by ever... See more
People like to be entertained, typically more than they like to learn. Some of the most innovative education startups are “edutainment”, combining elements of education and entertainment.
We adore quick wins these days: the kid on Youtube who goes viral and becomes an overnight sensation, the tech startup that goes from zero to unicorn in a year, the miracle makeover. At this point, the story of the tortoise and the hare is passé, and who really reads this to their kids anymore—I never have. We might as well rewrite the thing: the t... See more