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The best business model pre-internet was to charge for content. In the internet age, I think the rest of the world will become more like video games — give away the base layer, and let the internet do its thing, supercharging viral marketing to monetize the complement.
Erik Torenberg • Better Aligning Value Creation & Value Capture
If Nike announced that they were opening a hotel, you’d have a pretty good guess about what it would be like. But if Hyatt announced that they were going to start making shoes, you would have NO IDEA WHATSOEVER what those shoes would be like. That’s because Nike owns a brand and Hyatt simply owns real estate.
The Elegance of Nothing
From breaking news and entertainment to sports and politics, get the full story with all the live commentary.
Barry the Barracudatwitter.comExpertise and
Tokens are programmable “side currencies” that also act as a proxy for equity, but they can have a number of other uses as well, which I cover further down. Tokens will generally track the market cap of the issuing project / business, which is why you can see huge runs in value appreciation as network effects occur and something gains traction.
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
I don’t know if Brendan and Bryan’s death actually affected how I invest. But it opened my eyes to the idea that there are three distinct sides of risk:
- The odds you will get hit.
- The average consequences of getting hit.
- The tail-end consequences of getting hit.
The first two are easy to grasp. It’s the third that’s hardest to learn, and can often only
... See morecollabfund.com • The Three Sides of Risk
Covid-19 presents a rare opportunity for change in education. The pandemic is accelerating two major shifts: (1) Education is increasingly being delivered direct-to-learner, and (2) Learning is increasingly lifelong.
Rex Woodbury • How Technology and Covid-19 Are Reinventing Education
Accept that everything is a draft. It helps to get it done.
Bre Pettis • The Cult of Done Manifesto. The Cult of Done Manifesto Is a Special… | by Bre Pettis | Medium
Twitter is one of the most dominant free networks, but it has only recently begun to offer payment capability. This provides one salient example of a creator platform that undersells the pitch. The company recently introduced the “Super Follows” feature, in which users can pay to receive bonus content from accounts they love. The service launched i... See more
Nathan Baschez • What’s Next for Creator Platforms? Learning to Sell
This all means that NFT-based markets can emerge and gain traction quickly, especially relative to other crypto products. This is both because the NFTs themselves have standalone value — you might buy an art NFT simply because you like it — and because NFTs just need to establish value among a community of potential owners (which can be relatively ... See more