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A lot of new investors get stuck on this part. They don’t make the transition. They keep reading books about value investing, listening to interviews with great investors, and checking out blogs like mine.

In contrast, B2B transactions may involve price negotiations, special payment terms, a variety of payment methods, detailed product specifications, complicated SKU proliferation, consultation with a sales rep, unique shipping requirements, and the list goes on

So it’s useful to ask what absolute power would reveal about Israel and Hamas. In other words, what would each side do if it had nukes and its enemies didn’t? Based on Hamas’s history, and its charter, which calls for the total obliteration of Israel, we can be confident they’d nuke Tel Aviv. And yet, if Israel had nukes, they wouldn’t nuke... See more

It doesn’t seem like Amazon faces any meaningful Web3 threats right now (perhaps AWS in the longer-term). Google search and Microsoft Office may have impregnable walls. Apple is still dominant in hardware first and foremost. YouTube could theoretically incorporate Web3 components, but that seems unlikely as they already split revenue with creators... See more

All buyers will likely all pay less than they were willing to pay, which makes ‘em feel like they got a good deal.

To acquire early customers, Composer is building a free backtesting tool to piggyback on an existing behavior: namely, sharing backtests on Reddit and in more verticalized finance networks like CommonStock, and group chats, where investment banter happens today.

“Web2 companies convinced you to give away your creations in exchange for little hearts, tell me how NFTs are the real scam?” – Chris Dixon