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Because you deliver and capture value over time and drive that value through software, it is easier to price based on value.

And if the only two fair measures are popularity and who can make the most money on things, it tends to over-emphasize things that are conventional, rather than radical, because conventional things sell better. And so we’re just rewarding ourselves for following formulas. And the whole point of cultural creation is supposed to be breaking those

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We take it for granted now that we can go to Wikipedia and read about how the U.S. Political System works with no hassle at all, but not too long ago, information was a lot harder to obtain. The gutenberg press wasn’t invented until the 1400s, and before that, it was a lot harder to find copies of important books and content that you wanted to... See more

As I mentioned, most of the oldest companies in the world are in Japan. In a survey of 5,500 companies over 200 years old, 3,100 are based in Japan. The rest are in some of the older countries in Europe.

But — and this was a fact I found curious, and one that speaks to the cyclical nature of things — 90% of the companies that are over 200 years old

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If you want to reap the benefits of Simplicity, think big—but don’t act that way. As Steve Jobs proved, one of the most effective ways to become a big business is to maintain the culture of a small business

Just like in the nineteenth century, it is becoming difficult to draw a line between housing and lodging. The same physical asset is used differently depending on the channel through which it is marketed: leased for a year through a traditional leasing agent, booked for a night on Airbnb, or offered for several months through a serviced operator... See more

The problem: Technology and music have always engaged in a symbiotic path towards innovation and creativity. The first recording devices, synthesizers, and even records were a result of technological innovators. Likewise, the first computers and mobile devices prioritized music as a key feature. The way we produce, consume, and support music has... See more

: Subscribers of a subreddit can collaborate their resources towards an economic goal, as we have seen in GameStop and AMC. But these transactions do not happen on Reddit, which can be changed. The good folks at PartyDAO recently launched a new product, PartyBid, that lets people form teams to bid on NFTs by pooling their resources and bid on... See more