sari

The secret to creating a social product that demonstrates immediate value is to enable content before creating the network.

John Wanamaker, and he said something really smart related to advertising. He said, “Half the money I spend on advertising is wasted; the trouble is I don't know which half.” That's sort of a special theory of decision making. I think there's a general theory of decision making, which is that 50% of what anyone does is important; we just don't know... See more

Another reason to focus on demand is that it can pull supply much more effectively than supply can pull demand. It is not the case that “the world will beat a path to your door if you build a better mouse-trap” — but if you gather everybody with a mice problem in one place, I guarantee it will soon turn into a convention for better-mouse-traps inve... See more

The truth is this: in today’s society, computer and video games are fulfilling genuine human needs that the real world is currently unable to satisfy. Games are providing rewards that reality is not. They are teaching and inspiring and engaging us in ways that reality is not. They are bringing us together in ways that reality is not.

Curation businesses attract the best people in the world to apply for them. Their alumni then go on to be immensely successful, which improves the flywheel and further attracts the best people at an even bigger scale. Because the feedback loop is often so long between their acceptance and their success, it’s often very hard to build a competing bra... See more