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These two factors together make it possible, for the first time, to agglomerate economic activity virtually. Could the next big tech region be built on the internet? All it needs is one big push.

Does a “Web3” that depends on Twitter for its marketing and coordination channel really deserve the name? You might say, “Oh, just wait; Web3 will make a Twitter of its own.” No, it won’t. Such a platform would be useless to Web3, because there would be no one there to recruit

The interesting thing about Axie Infinity is that, just like Ponzi and Madoff, it has a fundamentally unsustainable economic model that depends on inflows from new players to fund payouts to existing players. But here’s the weird, mind-bending part of it: everybody knows! The team knows, their investors know, ordinary players know—and they talk abo... See more

4. Mass market potential

If you’ve read my letters to my son, Myles, you know I am madly in love with him, and I love sharing with the world this love I did not get to experience myself. He’s given me a new sense of purpose. (I hate disclaimers, but I feel like I had to set this up for what I’m about to say.)

At the same time, I struggle with how much my marriage changed so... See more

Good writing is expensive, but poor writing costs a fortune.

Poor writing transfers the work from the writer to the reader. Good writing, on the other hand, nearly reads itself, allowing the reader to spend more time thinking about the ideas than pulling out meaning. Poor writing might be one of the single biggest invisible costs in organizations.

The community needs to be small first to work when it gets really big. That’s what makes Axie hard to copy -- if you build a competitor now, you’re going to attract the kind of people who want to find the next Axie, not the kind of people who are actually interested in moving gaming forward.

The rise of immersive experiences will mainstream 3D creation.