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For TikTok to succeed over the long term, it has to retain D’Amelio and its other top creators even as their success continuously brings them new opportunities. (Facebook is already coming for them.) For Snap to succeed, it only has to regularly convince average people to play the lottery in between messaging their friends. This bears close... See more
Casey Newton • Snapchat's million-dollar idea
-The incentives have been too small — A few thousand dollars in incentives isn’t going to change contributor behavior; we should be throwing $millions at governance contributors.
Jacob Phillips • Governance Mining — liquidity mining for human capital
Originally, circulation’s responsibility was to get as many people to subscribe to subsidize the cost of the physical product so that profits could be generated from advertising. Now we think about the subscription as the means of generating actual bottom-line profit. Circulation is not just to provide an audience for ad revenue; it’s to generate... See more
Jarrod Dicker • Don’t Blame Media’s Business Model
regardless of what you think of this (hustle porn or roadmap to get ahead at work), I think more employers should adapt the practice of setting clear, non-negotiable expectations as part of the hiring process.
“Network effects” is an overused concept. The basic concept is that network effects occur when an experience gets better with each person who joins.
Packy McCormick • While Zoom Zooms, Slack Digs Moats
If Second Life was 20 years ago, what’s happening today? Over the last year I’ve started paying more indie creators directly for their work — heavily biased towards podcasts and newsletters/blogs. The other night I was wondering which ones I’d likely still be subscribing to a year or two from now. The “absolutely yes” category was dominated by... See more
Hunter Walk • “Coming for the Content, Staying for the Community” Started With Video Games (Or Maybe Religion?)
Most people have dreams they want to fulfill, most people won’t.Everyone wants to quit something, build something, be something, do something. Most people won’t.
Bryce Roberts • Most People Won't
I like the way Instagram co-founder Kevin Systrom put it when discussing the recent launch of his news recommendation app Artifact. “[B]uilding the algorithm is enormously editorial. Because what you choose to train your algorithm on—the objective function, the data you put in, the data you include, the data you don’t include—is all in editorial
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