sari

- Rule 3: New isn’t always better; **read more of what’s stood the test of time

Each member reinforces the believability of an interpretation to the other.

If you work harder and look more closely, there's always something you can whittle away. It's when you get to the essence of your idea that you'll have something to be proud of.

In the language of Ben Thompson, Substack has two choices. It can become a full fledged aggregator, build network effects and community, personalized content and so forth, but risk the moral purity of being one of the last ad-free algorithm-free corners of the internet, or it can become a platform, provide valuable infrastructure and flexible... See more

(2) Scalability - can you stretch the company to scale its potential? (note: this can be any combination of additional sales channels beyond DTC and/or additional relevant product categories, and/or new geographies)

Similarly, everything that you would ever want to learn is available online, for free. The challenge is not producing good content, it is creating content so great that it stands out from the noise. To that end, Iger wrote:

If you successfully predict the earnings of a business, there’s a good chance the stock won’t respond in alignment with the news. Making money in the stock market is more complicated than accurately predicting the future.