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The discrepancy between value capture and value creation isn’t unique to stars, it’s felt across the board. In every network or marketplace, for example, users/customers create a lot of value, but they don’t capture any of it financially. What’s valuable about Facebook and Twitter is the unique data they have, data that we have users have provided.... See more
Erik Torenberg • Better Aligning Value Creation & Value Capture
This is a textbook example of the power of platforms; consider an operating system like Windows: any number of applications can run on any number of computers thanks to there being an abstraction layer in the middle:
stratechery.com • Stripe: Platform of Platforms
Experts estimate there’s a 3:1 ratio of kids needing care to kids in care. The highest quality options often have waitlists of a year or more. This lack of supply primarily impacts women, and specifically those with low incomes, single parents, and people of color.
Turner Novak • WeeCare, Carebnb’s, and the US Child Care Epidemic
“The thing that happens in midlife is you start to feel the weight of accumulation of what you’ve acquired throughout your life. I don’t mean just physical things, I mean friends, responsibilities, the identities, and the invisible name tags that define who you are in the world. You frankly start to feel overwhelmed by all that accumulat
... See moreChip Conley • Chip Conley: Building Empires, Tackling Cancer, and Surfing the Liminal - The Tim Ferriss Show • Podcast Notes
Large market size💰: By building opinionated software, you deliberately leave a large share of the market unexploited — it’s not a “lowest common denominator” approach. Fortunately, the overall category of productivity software represents a very large market (mainly because it’s industry-agnostic). Therefore, even a slice of the market is often suf... See more
Felix Schmitt • The Era of Opinionated Productivity Software: Superhuman, Roam, What’s Next? | HackerNoon
Before watching the Summit, I thought of Snap as a social media company, a competitor to Facebook, Instagram, Twitter, TikTok, and the rest. It’s not though. Snap isn’t just building a camera-first messaging app; it’s building the platform of the future. It’s building mirrorworld.
Packy McCormick • Oh Snap! 👻
The end justifies the means. But what if there never is an end? All we have is means.