In traditional journalism, there are strong incentives to act maliciously. Journalists are incentivized to optimize for views and clicks. The answer is not to reform the industry. We can change media through radical decentralization. Everyone becomes a journalist. Each person writes about their local issues or areas of expertise
Circling around that whole web3 ‘ownership’ story.
I have 170k email subscribers. I own the list, entirely. There is no algorithm.
But 60% of my subs are on Gmail. If Gmail flags me as promotional, half my subs won’t see it. And no ownership or composability changes that
. Still, it was losing money from high shipping costs and was plagued with quality problems, according to a report from The Information. It had tried increasing prices to $9 on some products, but it wasn’t enough. SoftBank had set up its investment in Brandless so that it would only deliver all of the cash when certain markers were hit. It never in... See more
Lesson #1: Earn the right to build the next thingCommit to following through on what you’ve already planned or launched before you chase the next creative, experimental, or shiny idea. “Earn the right to build” and “have respect for sequencing” are principles I’ve internalized.