Urbit is a new kind of networked operating system that turns your computer into a “ship” that can network and exchange data and computation with any other person or group on the network (like the current internet), but without requiring any trusted third parties like Facebook or Google to mediate these exchanges (unlike the current internet). In a... See more
The questions were, ‘What did you accomplish?’ ‘What will you accomplish next?’ ‘How can you improve?’” “That’s it?” “Not quite. The question on the back was, ‘Are you embracing the values?”
Because the Embedded Lender splits the infrastructure costs across multiple brand partners and drives down unit costs with scale, the Embedded Lender can be profitable even when a brand could not be.
To quote Mike Maples, Jr., “startups start out dead and have to prove they are alive”, and because they paint a picture of a future that does not yet exist, “they have to become a movement”. In other words, they have to galvanise people around a potential that does not exist yet.
“On an hourly basis, video games are still monetizing at fractions of what even standard television is on an hourly basis which makes very little sense when you compare the degree of immersion and focus and distractibility of the audience”
Further, the internet made the marginal cost of distribution go to zero, implying that adding one additional customer is as simple as adding one more row in a database. It’s virtually free. This means the best companies win by providing the best experience, which earns them the most consumers/users, which attracts the most suppliers, which enhances... See more