sari

By reducing the cost of monitoring and enforcement, royalties and micro-payments can be applied to many other products and industries, no just to songs by famous artists. Suddenly, we can compensate people for their specific contribution to other types of tasks and projects.

For years after the price of long-distance phone calls collapsed in the United States, my older relatives would still announce that a call was “long distance.” Such calls had previously been special, because they were expensive; it took people years to understand that cheap long-distance calls removed the rationale for regarding them as inherently ... See more

Our task in life consists precisely in a form of letting go of fear and expectations, an attempt to purely give oneself to the impact of the present.

A secret of the top growth experts in tech is to think about every UX interaction as an emotional event.

Build a media company

Rather than borrow money from investors, friends, or family, Masmej made himself the investment.

“The bar for freemium models at the time was Skype, which converted about 7% of their users to pay at least something—maybe a dollar. We hit that in a few months, but it just continued from there. Past 10%, 15%, 20%—and we realized that we had stumbled on what might just be the most effective freemium model the world had ever seen.”—Gustav Söderstr... See more