Crypto onboarding today is inaccessible, hard to understand, and owned entirely by influencers who earn outsized benefits from new members joining the ecosystem.
Attention is to a virtual economy what the gold bullion used to be to the Bretton Woods economy, or what computation aspires to be in a cryptocurrency economy: the ultimate measure of value that everything boils down to in the end. Despite code being the most ethereal and intangible good there is—human thought distilled as runnable logic—it’s made... See more
1/ Thread: The role of intangibles in valuation
I feel like a broken record, but @mjmauboussin and Dan Callahan recently published another intriguing piece titled "One Job".
What is "One Job"?
To take advantage of gaps between expectations and... See more
Even if you create a startup that fails, you’ll:-Get a great education-Learn about growing a business first-hand-Be more respected by peers for taking a risk and pursuing a dream-Have built a network in the process-If you’re young, take asymmetric business risks