I often think if WeChat can’t give our users even a little bit of hope, then we can’t judge whether what we’re doing is right or wrong. So, this is also how we measure ourselves. When a platform only focuses on pursuing its own benefits, it’s short sighted, it won’t last. When a platform can benefit the people, then it’ll take on a life of its own.
That growth can only be realized through consistent investment over time. While challenging, for many artists, the payoffs in the form of direct communication with fans and predictable revenue with friendlier margins far outweigh what they would spend many more months to try to achieve through the usual avenues like streaming and free social media.
It's not clear that the food industry can sustain the delivery industry but if it does, it will be a winner-takes-all market. And you are a lot more likely to win if you have a positive EBITDA.
But Twitter isn’t very good at the business of being a social network. Twitter has long struggled to grow or monetize its user base. In 2019, Twitter made $3.4 billion from 330 million users. Facebook made $70.7 billion off of 2.5 billion users.
Apple has always thought of itself as the kind of company that empowers creative people to do their best work... But now, through its App Store policies, Apple is now one of the main barriers to independent creators thriving on the internet.
SHOW UP WITH HEARTFELT INTENSITY... It is often more innate than taught. Not everyone you meet has got it and that’s perfectly alright, but we look for those people in which it’s undeniable... That thing that compels you all to obsess over the details others overlook, and do it with gusto — that’s heartfelt intensity.