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For years after the price of long-distance phone calls collapsed in the United States, my older relatives would still announce that a call was “long distance.” Such calls had previously been special, because they were expensive; it took people years to understand that cheap long-distance calls removed the rationale for regarding them as inherently ... See more

A single Figma file shared with a simple link: no wait list, invite code, or moderator.

With a digital trading trading Moment on NBA TopShot as an example , you have all the fun, none of those risks and the value is still set by the same laws of supply and demand.

-Requiring all payments for digital content to use Apple’s in-app purchase system (IAP)

If you create a good product or process, and don’t constrain yourself too tightly, it will have other uses that you will discover later. This is true in almost every field. There are a million examples in business, a compact one is the founding of cosmetics company, Avon: A door-to-door bookseller in the late 1800s used perfume samples to try and

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As the implications of this reorganize how people use the Internet, many valuable companies will be created and destroyed. This doesn’t mean companies need to “get into NFTs” by selling digital collectibles or buying them. It means they need to build their companies on a mental model of the Internet that acknowledges all of the second order effects... See more