Music NFTs are where digital art was in 2020: About to redefine the value and (100x) the business model of the medium forever. 🧵

Simple, clear purpose and principles give rise to complex and intelligent behavior. Complex rules and regulations give rise to simple and stupid behavior. -Dee Hock

Web2 moat: network effect Web3 moat: composability

Unbundling the university: - liberal arts - technical education - summer camp - dating market - sports - co-living - salons - hedge fund - 4 year vacation - flirting w/ marxism - coming of age - alumni network - credential - prestige - insurance policy - identity - coming of age

Cliqz, a Munich-based privacy-focused browser, is shutting down their European anti-tracking alternative to Google search. Some thoughts on privacy & competition (thread) ↓

The first company to call it a profile instead of a wallet will win. If you still think it's a wallet, you don't understand its capabilities.

I’m increasingly of the belief that incentive design is the most important problem to work on. Humans are good at overcoming obstacles when they have reason to do so — the worst problems tend to be ones of cooperation, not technological or scientific understanding.

Our analysis showed there was limited marginal benefit to customer conversion or retention rates under 42 minute ETAs. As long as deliveries were sub 42min, customers didn't really care how long they took. Uber focused on achieving sub 30min delivery times to their own detriment.

My thoughts on @brandless. A thread: Putting the biz model aside, which was flawed (high CAC, low margin, low AOV), the problem, ironically, wasn’t lack of brand. Brand was clear – sleek, health-conscious, value, convenience. The bigger issue was lack of a clear identity 1/7