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Market-making is certainly a characteristic of Aggregators; Google, for example, is a one-stop shop for users, advertisers, and content suppliers. What makes Aggregators unique, though, is their infinite scalability, driven by the effectively zero marginal and transactional costs necessary to serve one more user, advertiser, or supplier.

Knowledge and education are some of the most significant barriers to entry in crypto. The space moves lightning fast, and requires both baseline technical knowledge and the ability to approach problems from across disciplines.

“When you consider things like the stars, our affairs don't seem to matter very much, do they?”

I’ve been thinking about five intersecting problems: first, how the internet is built to distend our sense of identity; second, how it encourages us to overvalue our opinions; third, how it maximizes our sense of opposition; fourth, how it cheapens our understanding of solidarity; and, finally, how it destroys our sense of scale.

Streaming is poised to win big during lockdown not just because of demand-side effects but also supply-side effects.

Every year, Naval, Nivi, and Brian, through Spearhead, give up to $1 million to 30 founders; the founders then use the money to invest in friends

If history is a guide, the flashiest notions being developed in workshops in these places won’t get far. University campuses are like archaeological digs of innovations that didn’t fulfill their promises. Even though the biggest leap forward of the last few decades, for example — delivering courses online — appears to have lowered costs, the... See more

Regaining your balance will take longer than you expect, but you'll learn a ton about yourself and what you really want from your life in the process.