sari

What if I told you that there was a parallel universe in the world of business where consumers wanted to support your company and products so much that they would buy multiples of products they had no use for, they would donate money to other consumers so that they could support you, and they would spend their time and money on grand gestures like ... See more

Very soon, we could see a world where DAOs are the new LLCs.

When every DAO tool is competing over the same handful of DAOs, you need a distribution advantage. One of my favorite approaches is to start by providing services to different DAOs so you can develop expertise in a specific domain, build relationships with core teams, and eventually productize your service. A great example is Llama DAO... They... See more

Launching a new platform, Zhu said, was like starting a new country: Getting users to move from an established network that had an ossified economy and social classes to a new network requires the possibility of success—the lure of the American Dream. Furthermore, the new social network had to create upward mobility for all users, to “make sure the... See more

Allen doesn’t think much about competitors. Instead, he sees the competitor as WeChat itself - and whether his organization will be able to keep up with users whose tastes and needs change every year.

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.

Our Q1 results are in: 102M nights booked $1.5B revenue (70% Y/Y) $(19)M net loss $229M Adjusted EBITDA $1.2B free cash flow 2 years ago, our business dropped 80%, our IPO was put on hold, and some didn’t think we’d make it at all. Here’s how we turned Airbnb around: