sari

Content products talk to humans, while software products talk to computers. That’s why the value of content decays faster than the value of software. And it’s also why software is the better business.

In instances when a celebrity is the founder, the celebrity typically raises capital from traditional investors and is actively involved in day-to-day business decisions. On the other end of the spectrum, celebrities function exclusively as investors making decisions about a company in the same way as a traditional venture capital firm. Everything ... See more

My appreciation of the power of hospitality and my desire to harness it have been the greatest contributors to whatever success my restaurants and businesses have had. I’ve learned how crucially important it is to put hospitality to work, first for the people who work for me and subsequently for all the other people and stakeholders who are in any ... See more

Culture plays an important role in determining effective reinforcers. And what’s reinforced shapes culture. Offering tickets to a cricket match might serve as a powerful reward for someone in a country where cricket is a big deal, but would be meaningless to most Americans. Similarly, an air-conditioned office might be a powerful incentive for empl... See more

The internet itself has thrived because of native internet protocols that we use everyday, like http, ftp, tcp, and ssh. One of the reasons these protocols have been so successful was that they were widely adopted and not subject to change. If I build a site using http, people can use it without any centralized intermediary - we can trust that it i... See more

One way to think about it is that Amazon’s “people who bought this also bought” feature was never available to Shopify merchants since any given merchant only had info on who bought their products, not all the other products that people purchased across Shopify. But now, in some sense, the benefits of this data will be available to merchants.

i don't want a new cryptocurrency i want a new type of business legal structure that incentivizes you to actually do good in the world while making money