The concept of pricing tied to volume has become outdated now that we have extremely expensive one-shot cures like Zolgensma and digital therapeutics which have near 0 marginal cost to giving one more “dose”.
No matter what Google’s search algorithm is doing to match the phrase “startup ideas”, we cannot make much sense of the fact that a page titled “How To Get Startup Ideas” on one of the most popular startup blogs, is considered by Google to be page 4 garbage.
Thread: How to measure network effects
Unless you have been living under a rock, you have heard about network effects.
It is not binary rather a spectrum which implies some companies have strong and some have weak network effects.
a16z had a good post on how to measure it.
The best business model pre-internet was to charge for content. In the internet age, I think the rest of the world will become more like video games — give away the base layer, and let the internet do its thing, supercharging viral marketing to monetize the complement.
It’s just hard to do that because we’re set on the idea that a typical work day should be eight uninterrupted hours seated at your desk. Tell your boss you found a trick that will make you more creative and productive, and they ask what you’re waiting for. Tell them that your trick is taking a 90-minute walk in the middle of the day, and they say n... See more
When the option value of minimizing transaction costs by keeping employees around outweighs the deadweight loss of people stuck in an Office Space-inspired corporate purgatory, you end up with bullshit jobs.
Three, the music NFT projects I’m describing this week are entirely optional. You can still stream Legend on Spotify without buying one of his NFTs; you can still go to Coachella without winning an auction for a lifetime pass. The music industry has so far approached crypto as a way to sell extras to an artist’s most hardcore fans, and it’s natural... See more