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By any measure, conventional or otherwise, the volume of microtransactions shows that the significance gamers attach to their virtual items and achievements can be a real source of economic value.

Individual personalities are often key to building community-first brands. Think fitness brand Peloton, which cited superstar instructors such as Robin Arzon in its IPO filing as key to its success. Other brands might fulfill this objective by behaving in ways that are simply more human, like Steak-Umm with its distinctive personality-driven... See more

In fact, typically, a successful new data product is not a variation on the existing data; it’s a brand new data asset from a completely different source, exploiting a completely different set of loops.

“Tesla should really be measured by how many years we accelerate the advent of sustainable energy. It will happen, with or without Tesla, but the fundamental good is by how many years do we accelerate it.”

There are a few reasons, and a few relevant lessons.

Amazon and NVIDIA are two examples of companies that began consumer-focused, but have launched enterprise-focused technology businesses along the way. There are several more.