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In many ways, Ethereum is similar to a country. It has citizens (wallets and users), a government (Ethereum Foundation), a currency (ETH), corporations (DAOs and Dapps), a financial market (DeFi), and relationships with other digital countries (bridges between different chains).
Gui Laliberte • From Digital Oil to a Digital Nation—Narratives for Ethereum in 2021
3. Expansion revenue
Nicolas Wittenborn • Consumer Subscription Software
2. Since Layer doesn't need to rebuild advanced/complex spreadsheet features (long/deep product roadmap) they can focus on the collaboration features.
Clement Vouillon • Layer Memo
Payback Period on Customer Acquisition Costs
Nikhil Basu Trivedi • 10 Factors To Consider When Evaluating Consumer Subscriptions
By providing the platform to find an audience, social media allowed everyone to be a creator. You no longer need permission to share your thoughts with the world.
Mario Gabriele • Multiplayer Media | The Generalist
Another issue is low tech defensibility. In the AI world tech defensibility is harder to achieve because new/revolutionary models are being developed mostly in open, academic settings and so are available in open source.
Matilde Giglio • What we look for in AI companies (and why they are different)
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