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Substack has other loops, but this is their central one.
Brian Balfour • Substack's Core Growth Loop — Brian Balfour
Gause’s principle (evolution): Two species that coexist and compete for limited resources cannot continue at constant populations – one will eventually push the other into extinction or weakness. It’s the same in business: Without some sort of differentiating edge, companies that directly compete against one another often resemble a death match. I
... See moreCollab Fund • One Big Web: A Few Ways the World Works
To summarize the financial impact, $6 million in credit losses from Black Thursday erased $10 million in earnings accumulated over 3 years. The $4 million in additional losses could have been avoided if Maker held more treasury reserves in stable assets like DAI, as they could have used these funds to cover insolvent loans without needing to sell M... See more
Hasu • A New Mental Model for Defi Treasuries
Opendoor only holds houses for an average of 88 days, so their exposure is limited.
Packy McCormick • Knock Knock. Who's There? Opendoor.
Quality is so rare generally that people are often surprised by it.
Quality rarely happens as an accident, it usually means someone is willing to go further building something that necessarily. At least, someone has to be motivated and allowed to do it, not forced to solely focus on some measurements.
Quality, brand and culture are some of those inta... See more
Quality rarely happens as an accident, it usually means someone is willing to go further building something that necessarily. At least, someone has to be motivated and allowed to do it, not forced to solely focus on some measurements.
Quality, brand and culture are some of those inta... See more
Karri Saarinen • Tweet
The world will be a richer, more colorful place when more people are freed up to learn, create, and build novel things that only they can. This might be technology’s greatest gift to humanity. By making the competition to be better at someone else’s game practically futile, it frees us up to play different games.
Packy McCormick • Differentiation
users may say they want a chronological feed, but their revealed preference is the opposite.