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Thrasio represents a new kind of roll-up: a digital roll-up. They are buying small businesses built on one of the largest online platforms in the world. With it, they will capture economies of scale.
Adam Keesling • Not Found
It’s an almost unthinkable reversal from Meta’s extremely lucrative walled-garden strategy, which it has employed for its entire history as a company. But Mosseri told me that decentralization is the future of social networks — even if it means that someday a disgruntled Threads user will be able to take the following they build in the app to... See more
Casey Newton • Meta unspools Threads
While there aren’t any scaled digital record-keeping companies in Africa, there are digital lenders. But since they don’t own record-keeping, they actually don’t have a good way of knowing who’s serious. As a result, they mainly target consumers instead of small businesses, because consumers need smaller, and therefore less risky, loans.
Packy McCormick • OZE: Not Boring Investment Memo
You asked for it, and here it is.
"How I built a functioning Chrome Extension in 10 steps and 45 minutes, with no coding experience. Using ChatGPT + Replit."
Let's dive in people. 👾
Charlie 'Ramen Space' Ward 🍜 (ramenspace.com)twitter.comJuro | All-in-one contract management
juro.com
How will these companies monetize? A fundamental premise behind the argument that ChatGPT will make Google obsolete is that an ad-based model doesn’t work in a chat-based world. Talia Goldberg noted this potential, saying, “What could be damaging [to Google] is a potential interface shift that moves the industry away from pay-per-click ads and
... See moreMario Gabriele • All the Answers | The Generalist
One of the most insidious effects of algorithmic curation is its redefinition of success. In the pre-digital age, greatness was measured by critical acclaim, cultural impact, or historical longevity. Today, it is measured by metrics: views, likes, shares, and subscriptions.
This shift has profound implications for creators. To succeed in an... See more
This shift has profound implications for creators. To succeed in an... See more
Dr. Felix S. Grenwood • Algorithms of Mediocrity — william
Pessimists sound smart, optimists make money You could say every single startup will fail – you’ll be right 90% of the time, but you won’t be rich
Sahil Lavingia • Sahil Lavingia — From Web 2.1 to Web 3 (EP.87)
Bill cannot think of an activity that turns off more brain cells than tribal affiliation