sari

Very high level & evolving thoughts on lending businesses within fin-tech from someone trying to make sense of the space 👇

In the 1800s you wouldn’t steal because God would smite you, in the 1900s you didn’t steal because the State would punish you, but in the 2000s you can’t steal because the Network won’t let you. Either the social network will mob you, or the cryptocurrency network won’t let you steal because you lack the private key, or both.

look at what your competitors do, and ask yourself a series of questions: “Are their strategy and goals the same as mine?” If their strategy and beliefs are different, and you still have conviction in your own, then you shouldn’t be distracted. Stay the course

Aside from all these decision-making conversations, you have hundreds of organizational changes happening that quietly shape the feed, but that are never documented anywhere.

Figma and Second Life are examples of spatial software. They contain worlds where the relationships between objects on a canvas, or bodies in an environment, respectively, are the organizing logic of the interface. WhatsApp is not spatial software. The organizing logic of its interface is recency of messages, not spatial relationships.

Small groups of wealthy participants ("whales") are better at successfully executing decisions than large groups of small-holders.

First, we can all try to engage more actively with the material world, not merely the digital or natural world. Go ahead and pick an industrial phenomenon and learn more about it. Learn more about the history of aviation, and what it took to break the sound barrier; gaze at the container ships as they sail into port, and keep in mind that they carr... See more