sari

With so many resources devoted to the business of elite academics and so many people scrambling for the limited space at the top of the ladder, it is worth asking what exactly it is you get in the end—what it is we all get, because the elite students of today, as their institutions never tire of reminding them, are the leaders of tomorrow.

Zuckerberg continued: “When we talk about giving favorable terms [to creators], it's actually not just the economics. I think it's also the portability, so that we creators know that if they start building up a business here, that they're not just gonna be locked in, and will be able to take it to different places.”

Faire (#53) is a wholesale marketplace for boutique retailers to find and purchase unique merchandise from local indie brands.

Still, the social influence market is just like any market. It uses currency (taste) to build capital (social status).

We often can’t prove or disprove our hypotheses, especially when you’re innovating, so reason fails us to some extent.

Extreme optimism expresses itself as unwavering self belief, the ability to look at a dense forest and see the path through it, and the ability to focus on the end goal even if the steps are challenging. This is necessary for convincing yourself to start a company and then bringing others (employees and investors) along. Optimism can in many ways... See more

If you apply this lens to the gig economy, it’s not hard to see that there is a massive opportunity to explore. The incumbents today have optimized for a winner-take-all market.