In the value-based scenario, scale is not nearly as important as in fee for service. While it still helps in some ways (e.g. for investing in tech platforms), it’s no longer the primary basis of competition. So in shifting to a value-based arrangement, much of the incumbents’ advantage is reduced.
Co-founder Conor White-Sullivan has compared Roam to Excel as both are products with “a low floor and a high ceiling.” You don’t have to start using Excel by using pivot tables. It’s the same product no matter how advanced you are as a user. But, like with Excel, you get more power out of Roam as you get better at using it.
There is no firm behind Bitcoin; there’s simply code (rules for organization) and incentives (the BTC token) that brings together many different participants who are all incentivized to contribute their time and resources to maintain the service.
1/ I see a lot of ppl starting education businesses these days, whether they want to or not, and whether they call it that or not
Here's the best 4x4 for thinking about the online education landscape I've found so far
Home prices move much more slowly than other asset classes. Rental prices have dropped much more dramatically than sales in Brooklyn, which I’m checking daily.
As with the hand-wringing over millennial cord-cutting, the limitations of supporting 10+ independent creators at $10 a month is similar to the impracticality of a Hulu, HBO, Criterion, Topic, Netflix and Amazon Prime subscription (phew). The pendulum has swung back to bundling–whether in a form like Every, or some sweet Atlantic media money.