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Opendoor faces opposition from the realtors who still control the vast majority of the housing market and competition from Zillow, a company I respect tremendously that has a massive demand generation advantage.

He believed a handshake agreement among gentlemen was sufficient and regularly did business with no written contract.

3. The solution must be unique. This means that templated solutions provided by SaaS companies are not no-code.

Services marketplaces will eventually provide education and additional resources to help their workers “level up” to higher pay rates — perhaps in exchange for some sort of temporal exclusivity. The trade school of the future, in fact, may not be a school at all. It could be a labor marketplace with embedded education.

Web3 is just another step forward. It will give rise to new institutions and social structures that will address the human need for safety, love, belonging, recognition, and self-actualizaiton. We should not assume our current institutions are the best humanity can do. What happens next is up to us.