sari

Niche or scale. Niche is often used as a backhanded compliment. It is a polite way of saying small. That’s changing. The most successful publishers have a tight focus on communities. That means even large publishers are looking to nail niches. Add up enough niches and a media company isn’t necessarily small..

Story, in other words, continues to fulfill its ancient function of binding society by reinforcing a set of common values and strengthening the ties of common culture.

Governance rights face similar challenges with both fungible and non-fungible tokens: ownership naturally tends to have a power-law distribution so the question becomes: what do you do about whales? This recent essay by Vitalik paints a clear picture for why this will become an increasingly problematic issue for DAOs, both in terms of incentive mis... See more

What Substack is doing is taking the power away from readers and themselves, and giving it to authors. What does that mean? They are betting that in the market of long-form articles, the player with the most power is the author, not the reader. It’s the supply that matters, not the demand.

17. What is your most treasured memory?

Making a full-time income as a solo creator in the current Web2 landscape is tough.