sari

In Matuschak’s view, a finely distilled note is the fundamental unit of knowledge work. But we are generally lousy at taking notes, both because the notes we take give us weak feedback (we may go weeks without returning to a note we have taken, and may not return to it at all) and because we have no role models (do you know anything about anyone... See more

What Substack is doing is taking the power away from readers and themselves, and giving it to authors. What does that mean? They are betting that in the market of long-form articles, the player with the most power is the author, not the reader. It’s the supply that matters, not the demand.

So Sci-Hub currently exists in the state of being incredibly popular with academic researchers, and incredibly unpopular with commercial publishers.

Keynes defined investment - he called it “enterprise” - as “forecasting the prospective yield of an asset over its entire life.” He defined speculation as “the activity of forecasting the market.”

In contrast to the current global 30-day retention rate of 3% of mobile games, we have seen some initial success with the first prominent P2E ecosystem: Axie Infinity — which has a D0-D90retention rate of 40%.