The bearish case is that these businesses are very capital intensive to build, as shown by the large and repeated capital raises, and they’ll need to show a large return to justify that capital. That means operating at scale, and also escaping from the DTC markets into the large employer-driven insurance markets, where the incumbents will remain in... See more
-Who would have imagined Uber or TikTok in 08? Many innovations that will be around in blockchain in 10 years likely weren't even discussed on the pod and may not have surfaced yet
No other major platform—including the Mac—forces the same limitations on payment infrastructure that Apple does: imagine the hue and cry if Google Chrome were to only allow payments using Google Pay.
Prince Harry’s “Spare” was ghostwritten by J.R. Moehringer, who is the world’s best-paid ghostwriter.
He reportedly got paid $1m for “Spare” and also ghost-wrote two other bangers: Andre Agassi’s “Open” and Phil Knight’s “Show Dog”.
I, like the rest of the internet, have a lot of thoughts on Facebook / Meta in general. I agree with Qiao that the goal with the renaming is to move away from the toxic Facebook brand. I agree with David Sacks that the media’s witch hunt of Zuckerberg, reflects their own bad behavior - which is orders of magnitude worse. I also agree with Balaji th... See more
“We wanted to create a frictionless environment with Spearhead to enable founders on the ground to fund the most interesting people and projects they know of at the very early stage” – Brian Norgard