sari

Presently, the dominant blockchain/Web 3.0 application is decentralized finance, but I think it’s easier to see the value of where things are heading, and to allay worries about hype cycles, pyramid schemes and speculative bubbles, if we look past the purely financial stuff. Once you start to dig into some of the applications that venture capitalis... See more

After having done this many times, my opinion is that the root cause of this is generally that many people who have a superficial understanding of topic assume that the topic is as complex as their understanding of the topic instead of realizing that only knowing a bit about a topic means that they're missing an understanding of the full complexity... See more

When my dad and I started Philz, we didn’t open our second store until nearly 5 years after founding. It takes time to set the foundation. The beauty of brick & mortar is you learn in real time and can iterate in the moment.

The pleasant parts of the internet seemed to be curated by human beings, not algorithms.

“You have to decide what your highest priorities are and have the courage—pleasantly, smilingly, non apologetically, to say ‘no’ to other things. And the way you do that is by having a bigger ‘yes’ burning inside.” It served as a guide and reminder that, yes, I was saying some painful “no’s,” but they were in service of what I wanted most: to use m... See more

One way startups are making a difference is by giving traditional insurers super powers by digitizing their internal and external experience, module by module. Startups like wefox help insurers with distribution (reaching more, and better segmented, target audiences). Others, like Instanda, help with pricing and underwriting (through the addition o... See more

My general theory of social apps is that they compete on the basis of their network structures, rather than their content formats. The network structure—who sees what—is usually the main driver of value.