sari
- Email subscriptions don’t have network effects by themselves. Right now, there isn’t a large switching cost for a creator to leave Substack – the creator owns their email list and content. The interesting part, however, comes in when the platform provides enough value that a writer would lose subscribers by switching platforms and when subscribers ... See more
from Explaining a16z's Investment in Substack by Adam Keesling
- -Selection: Tyler has relentlessly trained his taste for decades, the way a world class athlete trains for the olympics.
from Tyler Cowen is the best curator of talent in the world by kulesa.substack.com
- In contrast to Google and Apple, Facebook doesn’t own an operating system and, thus, doesn’t enjoy the defensibility of a pre-installed default. But because Facebook is the de-facto online identity layer for so many people, it is almost guaranteed to secure some of that limited pixel real estate on the user’s home screen.
from The Power of Defaults by Julian Lehr
- Every surprising bit of new behavior described here has two common elements: people had the opportunity to behave in a way that rewarded some intrinsic motivation, and those opportunities were enabled by technology but created by human beings. Those bits of new behavior, though, are extensions of, rather than replacements for, much older patterns o... See more
from Cognitive Surplus: How Technology Makes Consumers into Collaborators by Clay Shirky
- Teachers: earning tokens for teaching better, from Revenue companies and producing activity in the platform. Paying services with tokens.
from Tokenomics: how we design them and why the token matters more than the money by Miguel Caballero
- But this also points at a further advantage of social investing: the decentralization of thought leadership.
from Why Do We Love Social Investing? by Kushaan Shah
- The best part (and most fascinating in my opinion) is that unlike most other large companies, Intuit has been quick to react to these emerging changes. They know their customers need more advanced tools in this new world and continue to use their deep penetration in SMBs to cross-promote products.
from Moving FaaSt—The Finance-as-a-Service TechScape by Anna Khan
- Here is the cold hard reality for media companies: if you don’t have access to customers — whether because of the Internet generally, or the pandemic specifically — you don’t have pricing power. Actually, that doesn’t go far enough: if you don’t have access to customers’ wallets, you don’t have pricing power.
from Amazon Cuts Affiliate Marketing, Google Versus French Publishers, Streaming Services and Movies by Stratechery
- The imperative of Disintermediation Theory? Don’t seek justice, seek disintermediation
from 5 Reasons People Keep Taking Advantage Of You