sari

Sam Lessin: Web 3.0 is — at the most abstract level — really about right-sizing communities to a scale people can have a sense of personal purpose and place. It is about giving people ownership in meaningful way in the context of the people they want to be with and impressively extending that experience.

• As an author in 2023, unless you’re Donna Tartt (and even if you are Donna Tartt honestly, because even Donna Tart has a Public Persona), it impossible to sell books without selling yourself. I spent approximately 12,302 hours writing pithy Twitter posts, drafting earnest Instagram posts, creating fucking Canva graphics, and sharing Insta stories

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How it started: How it’s going:

So you have to be careful and you have to be very attentive about how you build your company and how you add different product lines over time. And make sure the incentives align, not only for you as a business but also for your users. And I think we've kind of seen sort of at Facebook, if you look at their user growth in the US, which is where... See more

This isn’t a funding issue. If something is truly decentralized, it becomes very difficult to change, and often remains stuck in time. That is a problem for technology, because the rest of the ecosystem is moving very quickly, and if you don’t keep up you will fail. There are entire parallel industries focused on defining and improving... See more

On whether Substack can justify its 10% revenue share for top writers: