sari

Most grocery stores have now begun to offer some form of their own in-house delivery, some of which are profitable. These profitable models generally have higher minimum order requirements, markups on items, non-flexible delivery windows (often multiple deliveries are pooled into one driver trip to save costs), and an unclear view into what product... See more

The easy money to be made speculating on crypto assets seems to have distracted developers and investors from the hard work of building useful real-world services.

“Write your obituary, then work backwards to live it.” – Buffett

Last year they were serving 50,000 customers / day through their platform and did approximately $500 million in GMV (the value of the orders placed), this year they are on track to do $3 billion (with a B) and expect to end the year at a revenue run rate that may top $100 million (yes, I asked for permission to publish these numbers).

The merging of personalisation and generation represents the ultimate optimisation for media production. Everybody satisfied, all of the time.

But such a simplistic optimisation overlooks the broader implications – those that differentiate entertainment from culture. They inspire a cascade of questions, such as how is human culture changed if we los

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Successful investors will realize that technology doesn’t just breed new companies but also demands new ways of valuing them.

Why should peer-review happen amongst a small group of people when it can happen in the public eye? People can give comments, other people can give comments about those comments, etc. Ideas can get published faster, iterated on quicker, and become more of a group commentary vs. 6 month waits.