sari

The main trap that governments should avoid is too quickly sacrificing optionality. An existing city could fall into this trap by launching a bad city token instead of taking things more slowly and launching a good one. A new city could fall into this trap by selling off too much land, sacrificing the entire upside to a small group of early... See more

By piloting programs, like the legal-defense fund, that “re-create some of the value provided by newsrooms,” as McKenzie put it, Substack has made itself difficult to categorize: it’s a software company with the trappings of a digital-media concern.

Enter Ohi. This micro-fulfillment company based in New York City allows brands to sell their products to customers within a two-hour delivery timetable, made possible by its network of ‘micro warehouses’ in big metropolitan locations like New York City and Los Angeles.

There is an idea that I have been guilty of uncritically parroting and promoting in the past: surround yourself with smarter people. Another popular version is never be the smartest guy in the room.

Networks like Dimo and Brainstrust allow owners to capture value from their contribution to the network’s marketplace. This is ownership satisfying a need for financial security via economic alignment.