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Despite their social media prowess, the Kardashians still needed a TV show to jumpstart their fame. Charli D’Amelio only needed a smartphone and the TikTok app.
Rex Woodbury • The Business of Fame: 1920-2020
Even as the cost of tuition increased, the value of university went unquestioned. Colleges bundled education and signaling. Students who thrived in boring classes signaled traits to employers, like conscientiousness, intelligence and conformity. Now, due to the proliferation of information on the internet and the rise of affordable and effective... See more
David Perell • What the Hell Is Going On?
In order to achieve a venture-scale outcome, they would need a $1 billion valuation. If we assume a 10x revenue multiple, they need $100 million in revenue. $2.64 million is a good start, but far from reaching their expectations.
Adam Keesling • Substack Rhymes With Medium
I’m increasingly of the belief that incentive design is the most important problem to work on. Humans are good at overcoming obstacles when they have reason to do so — the worst problems tend to be ones of cooperation, not technological or scientific understanding.
descriptiontwitter.comThe wiring of humanity lets us treat free time as a shared global resource, and lets us design new kinds of participation and sharing that take advantage of that resource.
Clay Shirky • Cognitive Surplus: How Technology Makes Consumers into Collaborators
PayPal’s acquisition of Pinterest would create a formidable Content Fortress: by combining PayPal’s payments platform with Pinterest’s advertising infrastructure, it could allow advertisers to bring about purchases for their products directly in the Pinterest app, which would give Pinterest first-party access to the data emitted by those... See more