The user experience around new stuff always sucks and who wants to play a game with a shitty UI? It is also hard to take on the existing social nets. Why would someone with a million followers on Instagram or TikTok or Twitter leave those behind for a new social net? So the existing incumbents are the defensive line. They look impenetrable. Until t... See more
I used to be confused by the Figma’s team consistent framing of Figma as browser-first. What was the distinction between this and cloud-first? Over time I’ve come to see how important this distinction has been. When many creative tools companies talk about the cloud, they seem to view it as an amorphous place that they store files.
Existing Recurring Behavior vs. New Recurring Behavior (A+) One of the most compelling aspects of The Farmer’s Dog investment was that the service tapped into an existing recurring customer behavior. Pet parents purchase food on a recurring basis, and dogs eat the same food multiple times per day for their whole lives. Unlike humans, who feel the n... See more
To Satoshi, decentralization was valuable insofar as it mitigated some other fundamental risk: censorship, platform security, corruption, etc. It’s the properties decentralization gives us that we care about, not decentralization itself.
-Vision Incentives - Members aren't participating "for-profit" (aka economic incentives) but are driven by a specific ideology. Community members will exchange your Token without a monetary value because they sincerely believed in the vision.