Unlike other middlemen like Instacart and Uber Eats, GoPuff acts more like a retailer, buying directly from giants like Anheuser-Busch, PepsiCo and Unilever. It generates revenue not so much from the nominal delivery fee, but from slapping a hefty markup on the stuff and, increasingly, selling better placement on its app.
Even if a game nails the crypto-economics, if it’s mediocre it will at best poach users from other crypto-first games without making a dent on the 200B online gaming industry. I believe that the games that end up succeeding over the next decade are the ones that use crypto to unlock fresh gameplay mechanics instead of simply forcing P2E mechanics i... See more
Now with Treasury, someone starting up a new Internet business can simply start selling goods, services, or yes, subscriptions, and have their banking needs met by the same software which is powering their business.
One way to spot people who are good at solving poorly defined problems is to look for people who feel good about their lives; “how do I live a life I like” is a humdinger of a poorly defined problem.
A yearning for innovation requires real exploration. It requires a persistent search to try (and fail) to move your understanding forward with a new tool, a new technique, a new insight. Sadly, the first innovation often isn’t even all that helpful, but may well provide a path to ones that are. This is an idea that Steven Johnson of Where Good Idea... See more
Some suggested that the digital garden was a backlash to the internet we’ve become grudgingly accustomed to, where things go viral, change is looked down upon, and sites are one-dimensional.