‘Mining’ contributions may dilute the quality of governance activity — Governance is already hard to follow as it stands today. If we begin throwing big money at governance mining, activity might 10x, but not all of that activity will be productive. People may spam governance in hopes of capturing some portion of tokens.
Today, unlike in the 1950s and ’60s, everything seems to change every day. It’s particularly hard to think of a company or industry that won’t either be a disrupter or be disrupted (or both) in the years ahead. Anyone who believes all the firms on today’s list of leading growth companies will still be there in five or ten years has a good chance of... See more
Good ideas appear out of nowhere, from seemingly unrelated concepts coming together and creating a new thought in your head. You can't force this process, your job is to recognize when they show up and take advantage of them.
A key element of Hulu Plus is that we are able to compensate content owners more per-user per-month than anyone else for the same body of content. We are able to do this because of the subscription fee, our unusually effective and market-leading advertising service, and our
The principle here is reciprocity, but notice that it is not simultaneous. Unlike the notion of barter, time is allowed to elapse before one deed is repaid by another. Trust is required to bridge that gap. Unlike barter, the exchange is not mechanistic in that it does not place a concrete value on one deed versus another. Rather it is inherently pe... See more