The most powerful people in the world today are the people who are writing the algorithms for Twitter, Facebook, and Instagram because they're controlling the spread of information. They're programming the culture.
I’m thinking about conviction, because it is so rare.
A lot of people start off with conviction, but life, hardships, and other people’s opinions get in the way, and they stop believing in the greatness of their own ideas.
I’ve met intelligent types with lots of skills and advantages at their disposal. But they usually don’t know where to go with the... See more
If membership isn’t scarce, the membership loses its signal message. The same applies to physical products: Apple will never offer a cheap iPhone to compete with low-end Android devices – it would destroy the company’s signal message that the iPhone is a luxury product.
Meanwhile Snapchat, which allowed users to send each other 10-second video clips and (later) broadcast them publicly, ultimately became the casual mass-market lifecasting app that Vine’s founders had once pitched their product to Twitter as. When other platforms surged ahead, some Vine stars began negotiating to be paid to post on the service. But ... See more
Today, the financial infrastructure for employees paid in equity is nearly nonexistent. For those with little experience in the acronym-riddled realm of equity, the ins and outs of stock as compensation and its tax implications can be dauntingly complex.