sari

What happens when something remarkable becomes abundant? When our favorite restaurant or coffee house becomes a chain, or a new social product becomes ubiquitous, we tend to crave something new...something more scarce. Why? It’s a natural desire to immerse ourselves in stories that move us and express identity through uniqueness. When something see... See more

Existing Recurring Behavior vs. New Recurring Behavior (A+) One of the most compelling aspects of The Farmer’s Dog investment was that the service tapped into an existing recurring customer behavior. Pet parents purchase food on a recurring basis, and dogs eat the same food multiple times per day for their whole lives. Unlike humans, who feel the n... See more

Since launching @glowwallet, many people have asked why we are doing a wallet, and how Glow is different. Here are my thoughts 🧵

The next wave of social systems will likely emphasize breadth and depth differently than the last–and may not look much like social networks at all. With the current networks, the horizontal nature of the platform is the product. Users come for the community. But it may be that with the next, the community is what keeps users long term engaged but ... See more

Another thing was quite revealing. The senior partners had wisdom, insights, and the tact needed to address touchy senior civil servants like us. But those partners were rarely available. As time went by, they pretty much disappeared from the weekly meetings, evidently called away by other, more lucrative clients, and we ended up stuck with the jun... See more

Embedded financial products open up entirely new revenue streams to productivity software companies that were previously only accessible by financial institutions. Fintech APIs (like payments from Stripe) allow companies to monetize not with expensive subscriptions but through financial instruments that were previously the purview of banks.

“The final boss of web3, crypto, and decentralization is the United States Federal Government” – Sahil Lavingia-Smart contracts allow collective action without relying on trust-Smart contracts could allow you to vote on specific bills and allocations, rendering the need for politicians-A DAO is a treasury, where people vote on who to give money to