sari

The first thing to realise is that ML businesses just don’t have the same units economics of software businesses. ‘Sometimes, they look more like traditional service companies’.

Governance tokens represent percentage ownership over voting rights. It’s difficult for most community members to keep up with the latest developments for specific protocols, so most protocols allow token holders to delegate their votes to trusted representatives.

As much as we criticize the current system, we work hard to succeed to acquire the status it unlocks. Status is one of the main reasons why degrees from a handful of selective top-branded universities, which are only accessible after students have gone through at least 12 years of the factory-model education, still attract the majority of the stude... See more

The last time Amazon was worth $34 billion was in September 2007! Amazon's net revenues that year were $14 billion, with $3.4 billion of gross profit. While most of Amazon's volume at the time was first-party e-commerce, its marketplace business constituted nearly 30% of unit (not dollar) sales. Based on recent filings with more business unit granu... See more

Substack could decide, for example, to provide an app that showcases all of its writers, enabling a user to search through the newsletters, browse articles, and sign up for those they wish to. This would be analogous to the Shop app by Shopify.

curated list of growth resources for your startup

Rosieland is heading towards individual purchases in addition to the monthly + annual membership.

Paul Graham on why ambitious people *need* to be around other ambitious people:

If you look at every technological shift or platform shift so far, it’s resulted in more things to design. You got the printing press, and then you have to figure out what you put on a page. More recently, mobile. You would think, “Okay. Less pixels, less designers.” But no, that’s when we saw the biggest explosion of designers.

—Dylan Field, Figma