sari

After 1500 in a Clubhouse/Meerkat/Roadtrip any other attempt at synchronous only comms a few things break: 1. Notification overload 2. Conversations get boring b/c diverge too far from interest without the context of someone I recognize talking 3. Feels less special: 2/

We’re not the first to critique Apple’s policies. But most debates about Apple center on the harm they cause to developers, and instead we think the far larger impact is on creators: the millions of people that could be earning more money and connecting with their fans.

Confidence is a close cousin of arrogance. Confidence is when you believe that your potential can be actualized, whereas arrogance is when you believe that your potential has already been actualized. That difference is subtle, but the implications are far-reaching.

By verticalizing, digital media companies could tap into more valuable niche audiences. Many of the companies above eschewed ads in favor of subscription or events, which better mined value from their most engaged customers.

Great execution is powered by extreme pessimism. Pessimism is key to figure out all the ways you could fail, and hedging them proactively. It’s about running down a problem until you understand every atom. Pessimism allows you to see around corners and grease the wheels of an otherwise creaky train.

Additionally, with bonds at all-time low rates, investors can make a rational argument that they should actually diversify into more interesting asset classes like art, trading cards, real estate, and sneakers, which are now more accessible due to Reg A+ and the businesses the regulatory change has enabled. It’s hard to measure the impact of “fun” ... See more