sari

(eg. SLP burned through Axie breeding fees; breeding is incentivized in general to build stronger teams and obtain higher rewards)

“In my mind, there’s three core reasons that Goodreads remains dominant,” he tells me. “Firstly, they are the incumbent with a large user base.” Secondly, he explains, the sheer mass of books data Amazon holds is unparalleled. Goodreads and Amazon dominate web searches for books, which allows them to account for a large proportion of book-related... See more

Some observers argue that the market worked as intended, correcting for unrealistic optimism on the part of venture capitalists and private equity investors who poured millions into these businesses without fully interrogating whether the business models worked...a growing chorus of entrepreneurs and venture capitalists are deciding that if the IPO... See more

One answer is what we might call a work-to-play model, in contrast with the traditional concept of ‘pay-to-play’. Instead of valuing LPs who can give the most money—an easy commodity for many founders in an overcapitalized environment—syndicates could work to value those who can actually contribute ideas, expertise, and work to support the... See more

-Global, meaning you can participate from anywhere.