sari

Another reason to focus on demand is that it can pull supply much more effectively than supply can pull demand. It is not the case that “the world will beat a path to your door if you build a better mouse-trap” — but if you gather everybody with a mice problem in one place, I guarantee it will soon turn into a convention for better-mouse-traps... See more

Now, the digital economy doesn’t use 0 resources; you have to build the cables, launch the satellites, fabricate the chips, run the servers, and so on. But if the digital economy allows people to derive value from information in cyberspace rather than from physical stuff in the real world, it can increase GDP while cutting resource use.

Yet a college graduate in 2000 paid $50K for her four-year degree at a public university; today, she has to shell out $100K (and $170K if she’s out-of-state).

Roku was started at Netflix, but spun out as a new company just before launch in 2008. It now has a market cap of $22B. Was this a mistake? I explore this question in today's @ScreenshotEssay: Roku, Netflix, and the Relationship Between Hardware and Content

Jeff Bezos on meetings and truth-finding:

Meetings at Amazon are unusual. When new people come in, they're a little taken aback because the typical meeting, we'll start with a six-page narratively structured memo and we do study hall. For 30 minutes, we sit there silently together in the meeting and read. Take notes in the margins. And then we

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"Writing is hard work. A clear sentence is no accident. Very few sentences come out right the first time, or even the third time. Remember this in moments of despair. If you find that writing is hard, it’s because it is hard."