Katie: Right now you have janky consumer experiences. People say they value their privacy but when push comes to shove people go where it's convenient. But we can't judge the current state of innovation with the end state of innovation. We don't have the end state. People will say centralized companies are winning right now but you have these... See more
The biggest impact of someone like Casey unbundling himself from The Vox is that he is now an entrepreneur with a product called Casey. His beachhead may very well be a paid newsletter (it’s very good by the way) but the newsletter is just one SKU. Maybe the SKU he cares most about. Maybe even the SKU that makes him the most money. But it doesn’t... See more
A lot of new investors get stuck on this part. They don’t make the transition. They keep reading books about value investing, listening to interviews with great investors, and checking out blogs like mine.
Smart contracts go beyond simply allowing for instant and verifiable transactions for various applications though — they can also be programmed to interact with each other. In other words, they make crypto programs composable, like building blocks.
It isn’t how much you know that matters. What matters is how much access you have to what other people know. It isn’t just how intelligent your team members are; it is how much of that intelligence you can draw out and put to use.