sari

An under-appreciated aspect of the crypto-economy's flourishing is that it's a massive redistribution of wealth from old, mainstream institutions toward independent thinkers. There are now about 100,000 Bitcoin millionaires, and there will soon be quite a few crypto billionaires. We’re going to have a new financial elite, competing with the old,... See more

Soon, Cosign and P2P credential platforms will democratize talent discovery at scale, enabling people all over the world to discover the next Mark Zuckerberg or Sheryl Sandberg (And others in other industries) without having to write a check to prove their talent discovery abilities.

Winners expect to win. https://t.co/c0xOCn677S

One of the interesting things about empowerment loops is that they come in different varieties. We can think of Nike’s empowerment loop as an inspiration loop. TikTok’s is a content loop. And Figma’s is a collaboration loop.

3. The New Meme: Enterprise Search

Many people want to be the first person to discover a new trend, a new brand, or a new artist (“I liked them before they were cool”). Why not seed-invest, but into things other than tech startups? Think scouts, spotters, agents, A&Rs, VCs, etc.

I suspect we shall see debt used increasingly in venture-backed businesses. My hope is that operators will constrain its use to areas where debt is a more natural fit. Personally, I’m not there yet on its application to SaaS revenue.