The pivot to paid is, in most ways, a positive development in the search for sustainable media models. That’s not to say ad-dependent media is dead, not by a long shot. But too often in the excitement around subs the attention goes to acquisition vs retention. And the latter is where the true health of a subscriptions business is gauged.
Here, bike and scooter sharing is a cautionary tale. Both bike and scooter sharing and ultrafast delivery are capital-intensive industries with no customer loyalty, low switching costs, and limited network effects. The unit economics are unproven, and while optically high, growth could be short-lived.
👋: ANN: I've been always fascinated by the origin stories of companies around us today. I'm kicking off a series of videos called "Origin Stories". For the first, I sat down with @vladtenev to talk about the origin of @RobinhoodApp
Video -> https://youtube.com/watch?v=i-sSdwV3bEo... See more
today we launched 🪴Boosts v2🌴 in Arc.
a collection of simple tools that let you edit the internet and make it your own (mostly without code!)
a thread of my favorite artifacts from this project: early prototypes, fun design details, and deleted scenes 🧵:
Rich Barton is hardly a household name. Perhaps this is because he’s not based here, and makes relatively few investments. However, while there are more visible founders (like Bezos and Zuckerberg) who’ve built bigger businesses, market cap and notoriety aren’t the only measures of a founder. And Barton is a strong contender for the title of best c... See more