sari

So: reputation markets are inefficient, which means we need to find ways to incentivize social capital investing. What could an AngelList for social capital investing look like? P2P credentialing could be one approach.

“Well, I had been a sceptic for quite a few years. But I am slowly being converted. And I would say most intelligent people outside of crypto still underrate them, because they don’t get it. It’s clear to me now it’s not a bubble. It is consistently attracting talent. Even with advances in normal payments technologies, the interest — extreme intere... See more

I believe some of the leading consumer product business models in web3 will feel like Amazon Prime — membership bundles mediated via tokens.

The traditional view of the press was never based on some contrived, mathematical notion of “balance,” i.e. five paragraphs of Republicans for every five paragraphs of Democrats. The ideal instead was that we showed you everything we could see, good and bad, ugly and not, trusting that a better-informed public would make better decisions. This visi... See more