"But there is an influential tide of founders on the rise that is opting out of this path and quietly plotting a new one that leads to building generational companies. It’s a hybrid path, combining the growth of targeted venture funding with the durability found in bootstrapping (i.e. profitability). It’s a path with less venture capital and more self-reliance."
Each avatar club is a strange combination of gated online community, stock-shareholding group, and art-appreciation society. When one ape (or cat or pill or alien) is bought for a high price, the perceived value of all ten thousand authentic N.F.T.s in the set rises, the same way a painting fetching a record price at auction might increase the... See more
I've long hated the CAC/LTV framework (particularly for consumer businesses). Because it’s so tied with creating a structural dependency on Google & Facebook it isn’t only a poor framework, it can lull you into mediocrity. My raw notes over the years of addressing this topic:
Think of the vocal minority of Instagram users would like to view their feed chronologically, for example. Or the Facebook users who want to pay to turn off ads. Or look at all the impossible questions related to speech that are decided at a platform level, when they would better resolved at a personal one.
And by the way, I don’t believe that the future of work will be fully remote work, but rather a blend of full and punctual remote together with office presence. This is why these tools could make sense for the majority of businesses and not only for remote only businesses.