We realized that the right experts were people who perhaps had a totally different day job, but they were passionate about that particular thing. Most of our experts don't do this full-time. They might be an engineer, who just does this on nights and weekends. They just love talking about mountain biking or whatever it might be.
Note that an app like this would not be about signaling wealth. It’s about signaling being right and the ability to prove it. This is probably an even stronger and more engaging mechanism than signaling wealth – and the reason why I’m still bullish on prediction markets.
A key element of Hulu Plus is that we are able to compensate content owners more per-user per-month than anyone else for the same body of content. We are able to do this because of the subscription fee, our unusually effective and market-leading advertising service, and our
What happens once everyone on the market excels at designing applications, collecting data, orchestrating network effects, and innovating on a continuous basis? At this point, capitalists have to explore new approaches. Airbnb is inviting stakeholders into its governance, as discussed by Matt Levine here. BlackRock is warning corporate CEOs that th... See more
Amazon’s retail business may actually be disadvantaged long term by Covid due to more intense long term competition as thousands of SMBs have taken advantage of services from Wix, Shopify, etc. to go online, category leading retailers are investing online like never before and brands are investing in their DTC strategies — all at the same time that... See more