sari

When we say something is prestigious we are perhaps also saying that on its own it does not deserve the value we attribute to it (Rolex, Harvard, Bentley, etc.). The value we attribute to it is not fully accounted for by the objects themselves (there’s some value the object doesn’t deserve). Girard would say that that extra value does not come from... See more

Billions of dollars have been sucked out of the industry this year as it is completely shut, and virtual is making up only a tiny fraction of that.

For example, Zynga grew up on Facebook’s growth. Or rather, drove Facebook’s growth. At one point, over half of the United States was playing Zynga games. For a while, Zynga’s incentives were aligned with Facebook: Farmville, a Zynga game, became a viral hit. So much so that people would convince their friends to get a Facebook account just to play... See more

The biggest mistake people make when defining vision is to talk about their product. Your customer should dictate the story, and the story should dictate your product, not the other way around.

2-DIGITAL MEETS PHYSICAL: Balancing Convenience and Connection

Being stuck within the Groups system was constraining, and most users had trouble discovering groups, joining them, and finding items. This meant that we faced the twin marketplace issues of limited seller liquidity and difficult buyer discovery. Buyers told us in research studies that they couldn’t find the items they wanted, and sellers felt that... See more