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“Unbundling of YouTube.” You can build a big company by targeting a vertical within YouTube with a product that has better features and more opportunities for creator monetization. Twitch is a great example of this! We’re also watching early stage companies like Supergreat (in beauty) and Tingles (ASMR).

“We made painting feel like typing, when we should have made typing feel like painting.” Our Interfaces Have Lost Their Senses by @Wattenberger https://t.co/zcXe0WAbyP

One of the most misunderstood things about Supreme and its success is that for many, Supreme is strictly economic: it is the best, most consistent way to turn $60 and a morning of waiting in line into $120+. Today, that is easier than ever with Grailed being the watering hole for buyers and sellers.

Better aesthetics, usually yes. More interesting brand messaging, usually yes. But how about viable business models, scalability, and competitive advantage?

the ideal of limitlessness consumption serves the modern economy quite well, but it does not serve the person well at all.2 This ideal imparts to us all a spirit of scarcity that darkens our experience: not enough time, not enough attention, not enough capacity to care. But upon what does this spirit feed? It feeds, in part, on the temptation to li... See more

Success has a nasty tendency to increase confidence more than ability. The longer it lasts, and the more it was tied to some degree of serendipity, the truer that becomes.

When people are paying with their own hard-earned nickels, there isn’t actually much of a market for ‘truth’ and both-sides objectivity. Nobody other than people whose livelihoods depend on it (e.g. Wall Street traders or industry insiders) are willing to pay for actual truthful news, which is why outlets like The Wall Street Journal and Bloomberg ... See more