This was important. People measure their well being against their peers. And for most of the 1945-1980 period, people had a lot of what looked like peers to compare themselves to. Many people – most people – lived lives that were either equal or at least fathomable to those around them.
The other influential stakeholders for Bilibili on the platform we haven’t mentioned yet are the content creators (or Up group in Bilibili slang, short for uploaders). Without large volumes of advertising revenue, something that Bilibili lacks is how to compensate content creators adequately. New features that they have introduced to entice and ret... See more
Workers are increasingly forgoing employer-sponsored support systems as they transition towards more self-directed initiatives. Do they understand that such benefits can account for more than 30% of their traditional compensation? That they are often the determining factor in avoiding an unexpected medical expense, being able to pay down student de... See more
In short, subscriptions are not a panacea. Price changes do not solve product/market fit on their own. But, if your product gets better with more usage, addresses a naturally recurring behavior, and has a potential “upgrade tier” of users, a subscription model could be very successful.
In the coming months, I will be exploring strategies and stories that could help create a new option for startups: Exit to community. In E2C, the company would transition from investor ownership to ownership by the people who rely on it most. Those people might be users, workers, customers, participant organizations, or a combination of such stakeh... See more
This deserves its own post. What’s the relationship of capital to labor? How do supply and demand fit in together? How do we measure success? How to balance short-term incentives with long-term incentives? Where do social safety nets fit in? Where can we further align incentives?
Just whatever you do, don’t become a “management consultant” at a behemoth like McKinsey or Bain or one of the other eight consultancies that dominate the industry. They all have thousands upon thousands of employees and work almost exclusively with Fortune 5000 companies. These corporations, typically led by tentative, risk-averse CEOs, call in th... See more
i love sharing what i’ve learned through my own experience, but learning/reading/thinking is only the seed of change. if you resonate with my writing and want to apply what you’re learning, i want to nurture that seed into the living, breathing change it wants to become. when an idea resonates with you, it usually means you want to weave it more de... See more