sari

I had a vague idea that web3 was at the core of a new Scenius when I started researching this piece, but what I didn’t appreciate is that web3 seems to be a toolkit for conjuring Scenius. More than financial speculation, web3 offers a set of tools that can align incentives in ways that allow groups to tap into their communal genius.

The more stories I hear about how companies succeed or stagnate, the more I realize that it’s extremely common for creative founders (also known as “idea people”) to have a persistent bias towards seeing everything as a strategy problem, even when it’s really an execution problem.

Publishers still perform other functions in selecting, editing, and marketing work (dozens of people besides me have worked to improve this book, for example), but they no longer form the barrier between private and public writing.

Most marketplaces are not well suited for repeated discovery. To keep their customers engaged they, therefore, need to continuously provide convenience. They can do this by acting as the platform over which the service is delivered (online-first marketplaces) or by building workflow tools to facilitate the delivery of the service (SaaS-enabled mark... See more

I think the first point of treating competitors with an ordinary mind is to see competition as the norm. Don't try to escape the competition, it's a good thing. I don't even think that competition should be ended by doing M&A.  We see a lot of companies that eliminate their rivals through M&A becoming complacent and end up sl

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First, do we want to live in a world where people pay for content? I’m not sure. For one, it presumes the most valuable things should be closed, when the beauty of the web is that that zero marginal cost of production means the most valuable things should reach whomever they are relevant to.