sari

In primitive societies, people were entirely self-sufficient. They gathered their own food, made their own clothing, and found their own shelter. Today no one's self sufficient; we're all specialized and depend on many other people worldwide in a nonzero-sum way. Everything you consume you could never produce on your own — your daily life depends o... See more

How Seth thinks about organization Organizing is like building a case to hold your tools. You don’t get points for making it fancy, you get points for doing the work.

And so anything that influences the culture can have a great impact on the world and on people's financial interests, and we're going to see more and more sophisticated efforts from all kinds of actors to do so systematically and deliberately. This is the darker conclusion of the importance of non-monetary social motivations - they create the battl... See more

One of the biggest tests for Snap will be figuring out a monetization model beyond advertising. No one has cracked this outside of China yet, and Snap’s messaging network of close friends makes it possibly the best positioned to do so.

Outside of crypto there are other experiments that have been run. Like Mike Merrill, this guy who literally securitized himself so shareholders can vote on life decisions that he makes. Also Spencer Dinwiddie (a star player on the Brooklyn Nets), who is issuing a bond based on his future NBA earnings and sponsorships, kind of similar to [David] Bow... See more