Zynn seems to have grown so quickly for a couple of reasons. There’s the paying users to watch videos, obviously (I was able to get $0.12 by watching videos for what felt like a few minutes). But the app also has a referral scheme that pays users for getting others to sign up and use the service themselves, which likely went a long way toward... See more
One of my favorite examples of TAM’s irrelevance is Etsy. Early on, our peers were thinking, “How big could arts and crafts possibly be? I go to farmers markets, and maybe two or three people are polishing wooden bowls or selling earrings they’ve made in their free time. How many of those folks are there, and how many will actually use something... See more
A hyperstructure can simultaneously be free to use and also extremely valuable to own and govern. This is a familiar value model that we observe for NFTs: the media can be universally free to consume, yet valuable to own and control as an individual or group.