sari

Different classes of shares can be weighted differently. For instance, at Facebook, more than half of the voting shares are controlled by CEO Mark Zuckerberg. This is possible because he owns special Class B shares that have 10 times the voting rights of regular Class A shares. This means that the CEO of Facebook is functionally not accountable to... See more

the hidden reality of human life is the fact that the world doesn’t just happen. It isn’t a natural fact, even though we tend to treat it as if it is—it exists because we all collectively produce it.

A collection is a narrative that drives items’ desirability beyond their commercial value. Symbolic value of items in a collection is amplified through their associations with stories, histories, brands and personalities. A pair of Air Jordans that belong to Kanye’s collection are more valuable than the same pair sold by an anonymous seller on... See more

What’s new is that today, power lies in sharing the mic.

Whether or not Shop is an online marketplace is a moot point. It’s worth pointing out that, unlike with other online marketplaces, brands using Shop won’t get short shrift: apart from Shopify’s payment transaction fee (which is between 2.4 and 2.9%), Shop won’t charge brands commission to rent space on the platform. By comparison, Amazon charges... See more

35:23 – how feedback loops exponentially increases your output

“I think you’ll see psychedelics decriminalized in most Western places, whether at a city, state, or national level” – Paul Austin

What knowledge has the use of this technology disclosed to me about myself?