And so, the oversimplified description of MarketRank is “just add up all the upvotes”. We have some more work to do to make the values accurate, but this is the general idea.
The key question: how do you replicate presence? Mark says Meta wants to make the most human thing possible: visual presence, spatial audio, temperature, olfactory system, touch, etc.
so much of the way we’ve derived our identity, our sense of accomplishment, achievement, contribution, value, self-worth, is subject to radical overhaul in the next decade and the one following that and beyond. More jobs will be automated, augmented, enhanced, and yes, eliminated. And certainly new jobs will be created, but we can’t wait for them... See more
Our Q1 results are in:
102M nights booked
$1.5B revenue (70% Y/Y)
$(19)M net loss
$229M Adjusted EBITDA
$1.2B free cash flow
2 years ago, our business dropped 80%, our IPO was put on hold, and some didn’t think we’d make it at all.... See more
The reason I call this Web2.5 is because the Substacks and Patreons are open but not interoperable. There’s nothing stopping me from downloading my Substack subscribers and posts and manually moving to a new platform. The data is accessible but not interoperable, and that makes all the difference when it comes to building the internet of tomorrow.