This is the most profound shift of all. Moving from the J.P. Morgan model of ambition to the Mark Zuckerberg model shifts the balance of power from capital to talent. Ambitious people have gone from writing cheques to writing code. Today the most ambitious individuals don’t own the means of production, if they can write code they are their own mean... See more
Additionally, with bonds at all-time low rates, investors can make a rational argument that they should actually diversify into more interesting asset classes like art, trading cards, real estate, and sneakers, which are now more accessible due to Reg A+ and the businesses the regulatory change has enabled. It’s hard to measure the impact of “fun” ... See more
In our case, the markets we refer to are online communities such as Reddit, Hacker News, and Twitter. Each of these communities has an upvote mechanism, which can be interpreted as an indication that the user believes the website is undervalued. They are willing to bid up the price by spending their upvote on it.
12.5M isn’t as impressive as 300M. But the beauty of Slack is that those 12.5M+ daily active users (DAUs) and 9,000+ new paid accounts are locked. They will keep paying for years.
Kaeya and Team. Kaeya has been in ecommerce since going on Shark Tank at 19 (video below, of course) and has been on both the seller and platform sides. She’s building a high-quality team with super relevant experience