sari

The problem with this is that social media value engagement, and this doesn’t align generally with the truth. The number of retweets and likes has nothing to do with what’s true.

During DeFi summer 2020, many of the best products, such as Uniswap and Curve, found product-market fit before they even had a token. There were also a few great products that had a liquid token before product-market fit. But they did not use token incentives.

It’s very hard to turn the page in your rich life: Being frugal may be necessary at some stages of your life, but cheapness is one of the most difficult habits to break—cheap people don’t really think its a problem. Don’t over attach your identity to your spending habits. Ask yourself: What is your philosophy on money costing you? Your intuition is... See more

Even if participants don't explicitly capture a system, governance may still create unintended side effects. For example, formal governance systems can encourage action versus inaction, even when inaction is superior.

(1) Viable business model - can you make decent profits on the unit economics? (note: this means that DTC winners will, by and large, be premium-priced, with decent basket sizes, with efficient cost structures, and have repeat business with a customer rather than just one-off transactions)

Nesslabs offers a cheap one year subscription and keeps her content from her newsletter articles free.

How has writing online affected the relationships in your life?

I like this question because the answer is yes but probably not for the reason you’d think. There might be this idea that writing personally online could create more depth in your relationships, but I have actually found the opposite to the extent that when you share a lot online it so... See more

Not unlike the first stages of product development, the early phases of building community are highly collaborative, require iteration, and involve some upfront, hands-on work. With community, you have to prepare to be in the trenches with folks – learning about people and their interests, answering questions, and seeing where there’s a fit between... See more