Elon has officially acquired Twitter.
1) He now owns what is arguably the most influential media company in the world
2) It benefits all his other businesses
3) He'll use it to take on ByteDance
4) This would be impossible as a public company
He wins no matter what. Here's why:
one key way that a user-owned network can outperform a purely investor-owned one: by giving away something that’s more valuable to recipients than it is to anyone else.
According to statistics commissioned from the SPINS market research firm, U.S. retail sales of plant-based foods rose 11.4% last year, for a total market value of $5 billion. Dollar sales jumped 29% during the past two years, the Plant Based Foods Association and The Good Food Institute reported, compared to 4% for total U.S. retail food dollar sal... See more
100%, and I think the way to square this in your mind is to replace the word “friction” with the word challenge: tokengating is about adding challenge to certain products. This is demand 101: the default state of the world is not “everyone wants your product.” Creating demand is an art: you create a story, and a challenge, and you wrap the challeng... See more