sari

How do you get from starting small to doing something great? By making successive versions. Great things are almost always made in successive versions. You start with something small and evolve it, and the final version is both cleverer and more ambitious than anything you could have planned.

This does not mean you devolve into chaos. The study of most complex systems shows that disparate goals can lead to harmony despite conflict; alignment in the absence of clearly imposed goals, organizational or systemic, is clearly possible. For example, capitalism, at its best, uses competition to harnesses the desires of individual

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Traditional schooling trains people to think incorrectly about failure. You’re taught a subject, you take a test, and if you fail, that’s it. You’re done. But once you’re out of school, there is no book, no test, no grade. And if you fail, you learn. In fact, in most cases, it’s the only way to learn—especially if you’re creating something the worl... See more

Instead of pursuing options that cap downside while also capping upside, make bets that have asymmetric pay-offs: If you win, you win big. If not, you’ve gained valuable skills, relationships, and reputational benefits that will carry you over to your next asymmetric bet.

The year ahead will show that blockchains can support a lot more applications beyond money and finance. In 2022 decentralised services will chip away at big tech companies’ stranglehold on the internet. A cluster of new “web3” technologies, such as tokens, will dramatically improve the digital economics of creators, technologists and small business... See more

It takes almost no courage to denounce something you disagree with or post your hatred of something online. This is the trap of our modern times. It is the feeling of action and participation without action.