I previously evaluated the scalability of marketplaces based on the geographic range of their network effects, i.e. the maximum physical distance between demand and supply for interactions to take place. Marketplaces with cross-border network effects are significantly more scalable than hyperlocal ones because they can leverage a supplier in one re... See more
It is nearly impossible to convince a VC of a thesis they don’t already believe, so the key in fundraising is to ‘discover’ the right partners, not try to educate and convince…
i luv airdrops but token incentivizes aren’t a replacement for:
* core product value
* engagement / retention
* organic growth
* intrinsically motivated community
* active dev ecosystem
(especially in consumer apps)
Some of the most successful, beloved and iconic brands of the past few decades are built on compelling and sophisticated loyalty efforts. However, for digital brands and consumer tech platforms on accelerated trajectories, growth has historically been synonymous with acquisition. Companies typically start to identify top customers and loyalty strat... See more
We create a machine with intelligence and self-awareness and push it out into our imperfect world. Devised along generally rational lines, well disposed to others, such a mind soon finds itself in a hurricane of contradictions. We’ve lived with them and the list wearies us. Millions dying of diseases we know how to cure. Millions living in poverty ... See more
The top 1% of musicians now make ~77% of revenue in music. Many factions of the independent musical infrastructure have become closer and closer aligned with corporate interests and advertising supported journalistic models in order to keep their head just slightly above water, and are in danger of losing their distinction and identity as a result.