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Business Models and
excellent insight from Eugene Wei on Bankless podcast on the corrosive effects of the ad-based business model
-Social proof? You bet.
Frederik Gieschen • The Rise of Media-First Investors
Web3 extends this open market competition from producers to the creators of market infrastructure.
Sangeet Paul Choudary • Unbundling the unbundlers - The end of winner-takes-all
I am pretty sure that NFT sales this year will pass all of Web2 payouts to all creative people. Facebook and Instagram pay zero rev share. They make all their money in advertising. How much goes back to the creators?
Nilay Patel • Chris Dixon Thinks Web3 Is the Future of the Internet — Is It? - The Verge
In Substack’s case, life in the “paid publishing platform” market was rough, because very few people thought they wanted it, and the people who did were locked up by switching costs from the complex systems they rigged together. But competing in the “newsletter platform” market was a dream in comparison. Hamish could email writers on Mailchimp and... See more
Every • Good Positioning Makes Everything Easier - Divinations - Every
-Aggregators incur none of these costs:
Stratechery by Ben Thompson • Defining Aggregators
There will be many times when we won't look good—to ourselves or anyone else. We need to stop demanding that we do. It is impossible to get better and look good at the same time.
Remember that in order to recover as an artist, you must be willing to be a bad artist. Give yourself permission to be a beginner. By being... See more