sari

Spending money doesn't change the fundamental laws of supply and demand. There is a ton of content out there, but the next generation of consumers want content by people they understand. 40% of millennials believe their favorite creators understand them better than their friends.

To overcome the anxieties and depressions of contemporary life, individuals must become independent of the social environment to the degree that they no longer respond exclusively in terms of its rewards and punishments. To achieve such autonomy, a person has to learn to provide rewards to herself. She has to develop the ability to find enjoy

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As Cory Doctorow has argued, relying on digital locks does not really empower the artist or the owner. It empowers the makers of digital locks.

(1) They have a Compounding Comment and Review Moat. When an account has lots of positive reviews and comments, it increases the ranking. And the higher the ranking, the more comments and reviews an account will get, and so on. So with each comment/review, the account increases its defensibility in a compounding fashion.

Masa launched the Vision Fund with $28 billion of SoftBank’s own capital, $45 billion from the Saudis, $15 billion from the UAE’s fund, Mubadala, and $1-3 billion each from Apple, Qualcomm, Sharp, Foxconn, and Larry Ellison’s family office.