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Fueled by economies of scale, the big got bigger. In 1958, the average company in the S&P 500 had been there an average of 61 years. Only the biggest brands could afford television advertising and endure costly funnel inefficiencies. As Charlie Munger, Warren Buffett’s longtime business partner observed:“In effect, if you didn’t have a big volume,... See more

I expect it to become routine--first among younger people in more technical fields--that recruitment will involve looking at someone’s blockchain-backed identity to see a richer picture of the person’s background. If a candidate with an unpromising resume can demonstrate an unusually large number of these Gold Star tokens--in which former bosses... See more

5. Effective executives, finally, make effective decisions. They know that this is, above all, a matter of system— of the right steps in the right sequence.

The benefit of Wikipedia’s page-based organization is that there’s little ambiguity about where to find information about a topic. Likewise, TokenPage offers owners a strong power: determining the canonical knowledge of a topic.

Katie: Excited about people building on decentralized virtual land. There are virtual real estate agents doing this as a full time job. If you think about the metaverse, it is a generational moment. There's a generation more comfortable spending time and money in the digital world than in the physical world. Roblox has bags that will sell for more... See more

CBD is generally considered safe, even at the high doses tested so far — and the quantities in chocolates, teas and other edibles tend to be far below the concentrations tested experimentally. But given that cannabis regulations vary from state to state, scientists and patient advocates worry that consumers may not be getting what they think... See more

On a recent Acquired episode, Multicoin Capital VC Kyle Samani points out why VCs have far greater risk-tolerance to make moonshot bets with tokenized web3 companies than they do with non-tokenized web2 companies: web3 VCs can always sell off the tokens, typically after a vesting period of a year. Where traditional VCs see most of their struggling... See more

SHOW UP WITH HEARTFELT INTENSITY... It is often more innate than taught. Not everyone you meet has got it and that’s perfectly alright, but we look for those people in which it’s undeniable.‍.. That thing that compels you all to obsess over the details others overlook, and do it with gusto — that’s heartfelt intensity.