I think this drives at a more fundamental failing by Brandless in particular, that is likely true broadly: the company’s cost structure was completely unsuited for DTC. My strong suspicion — admittedly biased, given Stratechery’s business model — is that the biggest opportunities in DTC are in niches, and the best way to exploit those niches is by ... See more
By unifying the liquidity for a piece of media and ensuring it is truly unique, collectors can fairly evaluate and bid on media. By providing perpetual equity to creators, creators are able to constantly realize the value of their work. Finally, by providing new offer mechanisms and 3rd party support, new and existing platforms are able to develop ... See more
And I think summarization is an important technology trend that more and more people in the next couple of years will appreciate as they see their time disappearing. When your time is valuable, you want simple tools to help you get stuff done. Instead, we get sucked into engagement loops from companies whose business model is often advertisements. ... See more