As I’ve previously discussed, the importance of individual brands diminish on aggregator e-commerce platforms. It’s challenging to build a strong brand on Amazon because Amazon itself is the brand that consumers trust, and brands become secondary to signals like reviews and sort order. The antidote for brands is to leverage platforms that allow for... See more
For entrepreneurs in today’s environment, talent, not capital, is the limiting factor in company building. Finding and recruiting talent is also the core task of venture capital investing, building a research lab, or managing a university.
People appreciate my research and work, but what I really think connects people is that they like watching me struggle with my work … It’s a combination of giving people language for experiences we all have and being really forthright about how hard it is for me—they’re watching the struggle.
At Index, we think of the creator phenomenon in three parts: (1) creation tools, (2) distribution, and (3) monetization. In other words: how creators make stuff, how creators reach an audience, and how creators get paid.
Every time Wal-Mart spends one dollar foolishly, it comes right out of our customers’ pockets. Every time we save them a dollar, that puts us one more step ahead of the competition—which is where we always plan to be