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- Effective take rate: What percentage of GMV can the marketplace capture as net revenue?

But, when you have the ability online to download or stream individual tracks, then all of a sudden that bundle just doesn’t make sense. So it collapsed apart into individual MP3s. And I think now it makes sense that it’s kind of re-bundling into streaming services like Pandora and Spotify.

How much have things outside of my control contributed to things I take credit for?

Giving fast feedback is extremely useful, because the feedback recipient can still both remember the behavior, and even recreate some of their internal state.

Social networks are just as overcrowded with information right now. The difference is that social networks lean much heavier on tastemakers, influencers, and thought leaders. We can’t comprehend the flood of information out there, so we consume what people we look up to recommend

Mainstream Media is Broken

And that’s the first reason Winnicott gives for the mother’s “hatred” of the child: “the baby is not her own (mental) conception.” On the one hand that is what makes a child so genuinely amazing: their potential to surprise us with their development, their unfurling beyond what we know or could imagine. It is also what makes the child infuriating:

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For advocates of decentralization, the movement has the potential to break up monopolies and hand control back to the users. Its impact is already being felt in industries from finance to social media and even Internet access—but what about fashion?