Fast forward to today, and it’s become increasingly clear that the crypto ecosystem – specifically, its blockchain infrastructure – will fundamentally change the way we use, build and benefit from the internet.
“I think of Patrick as an idea archivist. So often, we’re looking for the next new thing. What I’ve learned from Patrick, is that there’s a lot of virtue to going back in time and looking at the ideas that have been forgotten.” – David Perell
The discrepancy between value capture and value creation isn’t unique to stars, it’s felt across the board. In every network or marketplace, for example, users/customers create a lot of value, but they don’t capture any of it financially. What’s valuable about Facebook and Twitter is the unique data they have, data that we have users have provided.... See more