sari

I think this drives at a more fundamental failing by Brandless in particular, that is likely true broadly: the company’s cost structure was completely unsuited for DTC. My strong suspicion — admittedly biased, given Stratechery’s business model — is that the biggest opportunities in DTC are in niches, and the best way to exploit those niches is by... See more

“Survival is the ultimate performance measure.” – Vicki TenHaken

Is this it?  Sometimes I look at my partner after a disagreement, my child after a meltdown, my house after something breaks, and I think: Is this really what life turned out to be? More often, I look critically at myself—my tired eyes, my wrinkled forehead, my struggles to join group conversations, my endless list of worries—and think: Is this

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As the ecosystem builds market infrastructure components in a decentralised manner, value accrues at the protocol layer (growing token value) which provides reliability of governance across all market infrastructure components. Conversely, as the token value increases, more market participants come on board to create new forms or market... See more

But NFTs don’t just provide a kind of digital “deed.” Because blockchains are programmable, it’s possible to endow NFTs with features that enable them to expand their purpose over time, or even to provide direct utility to their holders. In other words, NFTs can do things — or let their owners do things — in both digital spaces and the physical... See more

Human pain is too abstract to be represented in spreadsheets.

Today, we are in a crisis. Silicon Valley's best — our top operators, exited founders, and most powerful investors — are almost all on  bad quests.  Exiting your first startup only to enter venture capital and fight your peers for allocation in a hot deal is a bad quest. Armchair philosophizing on Twitter is a bad quest. Yachting between emails in

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