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WeChat has integrated both approaches in the product development process. However, it leans more heavily on the Grand Design approach given Allen’s top-down management style. All features have to go through Allen for approval. As a result, WeChat has benefited enormously from having a singular and coherent identity.

If the ego has an address, it’s in the DMN

Algorithms are not the reason why we buy things, no matter how good they are. Mimetic desire is.

The reason Instagram was so successful in the early days is it was so simple. And not just simple, but the founders really felt that it was important that they solve a problem for a user. Instagram stories was solving a problem for a user — that problem of pressure. But when you look at Reels — what problem does that solve for a user? It really sol... See more

Upcycling is clearly gaining momentum. In 2019, Future Market Insights estimated the upcycled food industry was worth more than $46 billion, with a predicted 5% compound annual growth rate. A study from the food product consultancy Mattson said that more than half of consumers want to buy more upcycled foods. And a 2017 study from Drexel University... See more

We will see more products that make owning stocks feel like owning a piece of the company itself over time, whether from existing startups or new entrants. One idea would be to create a digital equivalent of AmEx’s “Member Since ‘00” card for stock ownership. I would love to show off the fact that I’ve owned Shopify since $89 and SNAP since $20 wit... See more