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How to beat Amazon with your e-commerce startup: - Make it feel like a video game - Compete on community, not price - Ad-free - Spatial - Extra curated, extra niche - Education first, commerce second NEW: I just wrote a post on where ecomm is going

The next step-function innovation in consumer crypto will be DAMNs: decentralized autonomous media networks. If DAOs represent the next evolution of the corporation, DAMNs represent the next evolution of networked media.

Ezra Klein asks: what comes first? the design of the internet, or what advertising needs on the internet? Tim Hwang think there is a deep path dependence in funding of platform companies. We have religious faith that if you aggregate a lot of attention online you will become the next Google/Facebook. We don't have a lot of examples of subscription

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Unlike its predecessors, the web3 organisational tool stack will accommodate many-to-many relationships, fluid participation, and crucially ownership.

Stephanie Bowker, co-founder of Ourspace and former VP of Marketing at Spendesk:“I honestly don't think it's the right horizon for most companies. For early stage startups it's pointless to pour a bunch of time into mapping out a 12-month plan when you need to learn and pivot on a weekly/monthly basis.”

Problems, by definition, have solutions. You might not like the cost of the solution, the trade-offs it leads to, or the time and effort it takes, but problems have solutions.

On the other hand, situations don’t. Situations are simply things we need to live with.

Once we realize that a problem we have isn’t a problem at all, but actually a situation,... See more

- Generate their own data rather than rely on someone else