"Focus on the road, not the wall. When someone learns to drive a race car, one of the first lessons taught is that when you are going around a curve at 200 mph, do not focus on the wall; focus on the road."
The Bacon Method for building communities: 1) Produce mission and value statements, 2) choose your community engagement model, 3) define what value you want to deliver, 4) produce your big rocks (broad objectives for the next year), 5) know your audience and build audience personas, 6) design your on-ramp and engagement model, 7) build your quarter... See more
The online opportunity lies mid-market (for now). Pre-covid, the distribution of transaction volume online is skewed towards the middle, while most of the high-value sales still happen offline. Just 1% of the >100k€ artworks are sold online, yet make up for 23% of the value.
Twenty years ago, no one recognized the Netflix logo. But today, with more than 100 million members, customers instantly identify the logo and trust Netflix in a way that counts — with their credit cards. But it wasn’t always that way. Remember when Netflix announced its plan to split its streaming and DVD service with the launch of “Qwikster” in 2... See more
Creativity: “I can’t get new ideas staring at a blank page. Creativity, for me, requires motion. When you go on a walk, you can turn your world into an idea-generating sensorium, and ideas will spring up from the most unlikely sources. There is one thing that’s absolutely certain about creativity: It’s an active process, not a passive one. The best... See more
As long as they don’t commoditize the database of tweets and users, then it makes sense to increase the supply of algorithms that users rely on to get value every day from that database.