What would it take to alter the foundational unit of account in web3, so that its bedrock comprises not just money and status (the “yang”), but is counterbalanced by the weight of good deeds, self-discovery and shared purpose (the “yin”)? Harmony lies in opposites, and for all the opportunity that the $2 trillion crypto market has enabled, the... See more
Products and services are being developed all around the world that will make it even better. I’m so excited about how a majority of the economy going distributed will improve people’s quality of life, and unlock incredible creativity and innovation at work. (They go hand in hand.)
NFTs are new keys to internet: NFTs (non-fungible tokens) are a special kind of crypto asset where each token is unique. They authenticate ownership of any kind of digital asset. NFTs represent more than unique digital objects, they are objects described by code. As such they become programmable keys to media and gaming communities.
Sahil invested in Tesla shares when it had a $2 billion valuation just because he had heard of Elon Musk from PayPal and the tech community. Trust yourself when you’re ahead of the curve.
What distinguishes the talented person who makes it from the person who has even more talent but doesn’t get ahead? Look at the aspiring actors waiting tables in New York, as an example: Many of them are probably no less gifted than stars like Robert DeNiro and Susan Sarandon. Part of what constitutes success is timing and chance. But most of us... See more
Well, what do organizations lose as they grow in scale? They seem to lose their capacity to innovate. They lose the ability to feel, to care, to act responsibly. They stop serving people — and start serving themselves. As they grow in scale, so they grow in power, and in obligation — and so their purposes come unhinged from their founding... See more
In Productive Uncertainty , Jerry Neumann wrote that “the only moat that can create excess value for a new startup is uncertainty” because “uncertainty keeps competition at bay long enough for a moat to be built.”