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Do nothing for prestige or status or money or approval alone. As Paul Graham observed, “prestige is like a powerful magnet that warps even your beliefs about what you enjoy. It causes you to work not on what you like, but what you’d like to like.” Those extrinsic motivators are fine and can feel life-affirming in the moment, but they ultimately don... See more

The difference between Twitch and Substack is that Twitch has a large audience that visits its homepage, while Substack’s traffic mostly goes directly to a writer’s newsletter.

The autonomy of DAOs is enabled by smart contracts, which are self-executing contracts with terms written as code and then deployed on blockchain networks like Ethereum. The use of smart contracts means that a DAO may function without necessarily relying on the human decision-makers in the organization. A smart contract will execute its terms regar... See more

It’s possible that a not-so smart person, who can communicate well, can do much better than a super smart person who can’t communicate well. That is good news because it is much easier to improve your communication skills than your intelligence.

BuzzFeed is another example of a media company [actively pursuing multiple revenue streams, including eCommerce. In 2018, they [made $100 million] from income sources that didn’t exist two years ago. The company’s commerce division, which is supporting this diversification, [generated $50 million in sales in 2018.

“Everything feels unprecedented when you haven’t engaged with history.” – Kelly Hayes