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@sari
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There’s this cool idea in software that you “ship your org chart” called Conway’s law:
“Organizations, who design systems, are constrained to produce designs which are copies of the communication structures of these organizations”
I’d offer a similar law for investors: “you… Show more
Patrick OShaughnessyx.comand I’d offer a similar law for companies - your company mimics the incentives of its investors.
Most platforms today are hoping to capture most of the value of “creators” as they professionalize. For example, substack captures you when you are already ready to write something - it presumes you have an idea and are already to execute on it. By capturing the top of the funnel, increasing the space for exploration and inspiration, platforms can ... See more
Maria Salamanca • Remix Culture: Jumpstarting Creativity
The School of Life: An Emotional Education: An Emotional Education
Alain de Botton • 6 highlights
amazon.comHyper-mimetic bubbles often indicate the long-term macro trend is very real, but the people/projects capturing the hype in the short-run may not be.
Nick Tomaino • We Like the Nouns
Waste no more time arguing about what a good man should be. Be one
Marcus Aurelius • Meditations
To summarize the financial impact, $6 million in credit losses from Black Thursday erased $10 million in earnings accumulated over 3 years. The $4 million in additional losses could have been avoided if Maker held more treasury reserves in stable assets like DAI, as they could have used these funds to cover insolvent loans without needing to sell M... See more
Hasu • A New Mental Model for Defi Treasuries
Substack’s margin is Facebook’s opportunity.