Software will eat financial markets, cut out middle men, and turn investing into an experience from which consumers get more than a financial return. Still, only a relatively wealthy subset of consumers participate in financial markets; for software’s impact here to be truly revolutionary, it will need to increase access and participation in the ma... See more
Today, the Play Kits represent around three quarters of Lovevery’s business, which the company says is on a $120 million revenue run rate, based on March figures. The company expects subscription revenue to double this year, after growing annual recurring subscription revenue 5x in 2020.
The first step towards being “high agency” is always the same. You cannot take effective action towards bending the world to your desire until you know, in detail, what it is that you desire.
We no longer learn about the world from institutions, or even the illusion of them. We learn about the world from people we care about. This binds our sense of truth to tribal identity, and that is a powerful, fundamentally emotional connection.
Ball and Enjeti are not immensely popular influencers earning many millions of dollars from a vast audience of followers. But they’re also not toiling away on a show that’s effectively a nonprofitable side hustle. They instead fall into a middle ground that Lanier despaired didn’t exist for creative professionals. The total budget for “Breaking Poi... See more