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What Sam wants to learn in an interview: how you learn, how you perceive the world, what you're interested in and how much you know about it, whether you're aware of the limitations of your knowledge, something unique that you know about the world, who you are and how you see yourself, where you want to be, is this the best fit for everyone's... See more

the market cap of the protocol always grows faster than the combined value of the applications built on top, since the success of the application layer drives further speculation at the protocol layer. And again, increasing value at the protocol layer attracts and incentivises competition at the application layer. Together with a shared data layer,... See more

As Web 2.0 companies began to deeply understand the powerful potential of their innovations — the game-ish reaction buttons, the follower graph, the algorithmic ‘newsfeed’ — they became adept at a clever stratagem. Rather than committing to perpetual openness, they could offer new user tools or developer APIs and encourage the community to use them... See more

at this moment in time my son was just a little over two and we were in the midst of the most animal-like fights over eating, sleeping, and in general: how to be a person. He wanted to be more like a raccoon and I wanted him to be more like a human. And in trying to cajole and beg him to do that I turned into a raccoon myself. A large, female one

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By launching iBuying, Zillow entered into direct competition with sellers’ agents. And that’s a problem because sellers’ agents are Zillow’s main customers. Before iBuying, over 80% of Zillow’s revenue came from seller agent advertising fees.

It solves the problem of creators profiting from the subsequent use of their work

This raises broader questions about the tech ecosystem and its investment model. I’ve been making the case for a long time that the natural endpoint is likely very large platforms and Aggregators on one-side, and a flourishing ecosystem focused on niches on the other, but implicit in the latter is that venture capital is not simply unncessary, it... See more

Hub and Spoke — Spotify