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A financial structure that balances risk and reward.
Every • Introducing Every
Measuring how smart people are is somewhat pointless – intelligence is categorical. Somebody can be super good at analytical ‘figuring out stuff,’ and super useless at conceptualizing what to do next.
Stephen Wolfram • Guy Kawasaki's Remarkable People on Apple Podcasts
Deals will close faster and transaction costs will drop. Services such as Stripe, Google Analytics, Square and Shopify help buyers verify earnings and growth. Advances in revenue-based financing make it easier to buy and sell companies.
Dru Riley • Micro Private Equity: Building a Playbook, Abandoned Projects, Revenue-Based Financing
reading, watching & listening to
the future value of AI may depend less on raw computing power and more on how effectively organizations curate the information they feed into these expanded context windows.
The fastest growing sector of the culture economy is distraction . Or call it scrolling or swiping or wasting time or whatever you want. But it’s not art or entertainment, just ceaseless activity.
The key is that each stimulus only lasts a few seconds, and must be repeated.
The key is that each stimulus only lasts a few seconds, and must be repeated.
Ted Gioia • The State of the Culture, 2024
Instead of movies, users get served up an endless sequence of 15-second videos. Instead of symphonies, listeners hear bite-sized melodies, usually accompanied by one of these tiny videos—just enough for a dopamine hit, and no more.
This is the new culture. And its most striking feature is the absence of Culture (with a capital C) or even mindless entertainment—both get replaced by compulsive activity.