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Prediction:
Maria Shen • Five New Frontiers for NFTs
Privacy tech is hot, but it’s unclear what consumers’ willingness to pay or care is. Right now, companies make money and scale faster delivering enterprise solutions. GDPR and CCPA compliance is top of mind, along with the desire to mitigate legal risk. Some products in the space sit as wrappers or analytics layers on existing data assets — BigID o... See more
Aashay Sanghvi • Observations & Notes - February 2020
Similarly, outside capital comes with the goal of maximizing returns — not fulfilling the vision. Dan Schmidt wrote about this in the context of the show, Silicon Valley : The vision of a cloud-based machine learning tool that uses their amazing compression algorithm turns into “the box,” because pressure from the outs
... See moreDavid Manheim • Overpowered Metrics Eat Underspecified Goals
But taken a step further, I believe the future consumer companies won’t just be open platforms. They will be inclusive groups with a deep shared ideology. They will be cults.
Laura Chau • The Next Great Consumer Companies Won’t Be Exclusive Clubs. They Will Be Inclusive Cults.
Satoshi made Bitcoin decentralized to solve a specific problem: that previous forms of Internet money kept getting shut down. A decentralized form of money is resilient to insolvency, attack, or censorship. But decentralization wasn’t itself the point. It was just a means to an end. The point was to make a form of Internet money that worked!
Haseeb Qureshi • Why Decentralization Isn't as Important as You Think
Do whatever brings you to life, then. Follow your own fascinations, obsessions, and compulsions. Trust them. Create whatever causes a revolution in your heart.
Elizabeth Gilbert • Big Magic: Creative Living Beyond Fear
Asset owners (or custodians) generate private keys, sign messages indicating asset transfer, and then broadcast those messages to the public so that the world can verify the scarce asset hasn’t been double spent. Each private key is tied to a public key. Where KYC/AML are necessary, public keys can be mapped to some off-chain identity system (e.g. ... See more
Kyle Samani • $100 Trillion
We’ve strived really hard to make sure that there’s a real humanity and a bit of a soul in the brands we create — knowing full well they’re still a company, they’re still for-profit — but in terms of the persona, in terms of how they’re brought to life, having that empathy and having that humanity is something that we work really hard for.
Dan Frommer • Designing in a crisis
When the pandemic began, we bought 16% of our things online. Now, we buy nearly 34% of our things online. That’s the kind of hockey stick growth investors like to see, and the ecommerce infrastructure companies’ valuations are skyrocketing accordingly.