Cohort-based courses provide a compelling way to monetize their expertise directly — and without requiring volume. It may therefore be the next phase of creator monetization, not just for classic educators, as more “knowledge” influencers run cohort-based courses.
Many DAOs have struggled to create a governance process that balances agility with security. Developers need to be able to build and iterate quickly without lengthy debates happening every time code is shipped while the community needs the power to stop bad actors. The following is a framework that employs multiple governance strategies to maximize... See more
The internet enables Aggregators to shift the chokepoint in the value chain from supply to demand. The monopolies of the 20th centuries - U.S. Steel, Standard Oil, American Tobacco - exerted power through their control of supply. The largest companies in the 21st century are winning by first controlling demand, and using the strength and scale of... See more
Investors would never choose to invest in just one company; the risk is too concentrated. Instead, they build portfolios. Over time, workers will invest their time in a similar way.
What this means is that there's a period early in a company's life when investors have a larger-than-usual opportunity to get a competitive advantage by understanding the industry better than anyone else in the public markets. Since most companies are not completely unique, and even the ones that are have suppliers and customers, a few expert... See more