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After all, as we’re constantly reminded, the Internet has unleashed all sorts of creative vision and collaborative ingenuity. What it has really brought about is a kind of bizarre inversion of ends and means, where creativity is marshaled to the service of administration rather than the other way around

Creators pay with effort. They put in the work to create a product in the hopes the audience consumes and engages with it. Audience members, on the other side of this interaction, pay for this effort with attention.

But Twitter isn’t very good at the business of being a social network. Twitter has long struggled to grow or monetize its user base. In 2019, Twitter made $3.4 billion from 330 million users. Facebook made $70.7 billion off of 2.5 billion users.

In light of this seeming conflict, what can we learn from Crocs — and from other brands that have engineered varying rebirths? Are there shared factors across consumer companies that lead to resilience across trend cycles and longer periods of time?

The Internet is a new way to interact, so it’s only natural that 40 years after its invention, we will come up with digitally native ways to distribute and exchange value, unconstrained by legacy financial infrastructure.

It’s also true that thinking about DAOs as complex networks is probably what we all think we are doing already. But entity thinking is deeply ingrained and subtle and will keep exerting its gravity on what we are designing and building. 

Pave will bring to market the first ever, API-driven, real-time compensation database. By simply connecting via APIs to your HRIS, application tracking system (ATS) and cap table software, Pave can dynamically provide access to real-time, contextualized compensation data.

"If the executive lets the flow of events determine what he does, what he works on, and what he takes seriously, he will fritter himself away “operating.” He may be an excellent man. But he is certain to waste his knowledge and ability and to throw away what little effectiveness he might have achieved."