An idea that the Benchmark partners taught me: in social networks, you want the celebrities to join at the end, not the beginning
New networks should mint new celebrities, not get built by existing ones
My interest in chain runners was low since it was (investor) celebrity led
Uber is the quintessential example of a marketplace with low transaction complexity and asymmetry. Matching demand and supply is simply a function of availability and pickup time — commissions are the obvious fit here. On the other hand, marketplaces like Classpass and Scoutbee avoid commissions entirely.
ASU is an example of what President Crow and his colleague, William Dabars, call the “New American University”, a model that they hope other public research universities will emulate. There are a bunch of interesting aspects to this model, but the most striking, in my view, has been to throw away the Ivy League playbook, rejecting the idea that a u... See more