sari

Phase 3: Education designed for the internet (e.g. MasterClass Codecademy). We are still early in this phase — actually designing classes for the web. When Phase 1 made information easily accessible, the role of education became not the transfer of facts (which many classes still rely on) — but to inspire you to go learn, to go do, to geek out. To... See more

Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading. If you want wisdom, you’ll get it sitting on your ass. That’s the way it comes.

The Ethereum project envisioned a "world computer," a coordination system for global prosperity. Along with thousands of others, we joined the crypto space in 2016 and 2017 with the ambition of remaking society for the better. Now most of us are stuck checking our portfolio balances. Have we lost sight of that core belief?

Scale and loyalty are generally the most important metrics to me as an investor as they are the most sustainable — and measurable — competitive advantages. They are *much* more important online than offline, which is why the internet economy has such pronounced “winner take most” dynamics relative to the offline economy.

We learn more from people who challenge our thought process than those who affirm our conclusions. Strong leaders engage their critics and make themselves stronger. Weak leaders silence their critics and make themselves weaker. This reaction isn’t limited to people in power. Although we might be on board with the principle, in practice we often... See more