Acquisitions: The company has used M&A as an important growth tool. As per Ben Thompson’s about their Slack acquisition, “the fact that the company “buys growth” is often held up as a criticism, but the truth is
NFTs imbued with a culture of grinding breeds a community based on shared experience. Time scare NFTs don’t necessarily have to be labor-intensive. Zapper’s NFTs required habitually checking their application every day to receive experience points to reach certain levels where NFTs were rewarded.
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:
The right small: a different perspective:
I say “the right small” because just “being small” or touting “the long game” can be as much of an error as going mass. Many confuse the passage of time for “the long game”
That means rather than defining your success by the code that you ship (your output), you define success as the value that code creates for your customers and for your business (the outcomes).
Current AI writing tools are a great way to mass produce writing that is intensely mid, and makes you feel dead inside. Can we use AI to help the best writers do better work?
I don't know. But let's think about the bottlenecks for good writing.