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5. Group purchasing

Deflating the monetary premia of real estate, equity, and debt: $5 – 25T

Welcome to the $648 billion care economy—the money we spend to care for our loved ones, from their first breath to their last. There are four dynamic areas of growth in the sector: (1) Child care. It’s a $136 billion market that’s desperate for supply and ripe for disruption and innovation. (2) Workplace. Forty-two percent of employers plan to add ... See more

5. Debt rose tremendously. But so did incomes, so the impact wasn’t a big deal.

YGG's community doesn't just have gamers. It has investors, designers and explorers of the metaverse in one place. YGG can emulate for games what YFI did for DeFi. YFI was able to bootstrap liquidity and acted as a kingmaker for protocols. This makes YGG's position lucrative: Studios can incentivise YGG with early-stage deals to buy their assets an... See more

Abundance is different: its advent means we can start treating previously valuable things as if they were cheap enough to waste, which is to say cheap enough to experiment with. Because abundance can remove the trade-offs we’re used to, it can be disorienting to the people who’ve grown up with scarcity.