sari

This is incredibly attractive in an industry historically beleaguered by an overreliance on hit games. Roblox’s platform approach means that it’s insulated from fad risk.

“My definition of wisdom is knowing the long-term consequences of your actions.” – Naval Ravikant

Imagine a world where you didn’t have all of that fixed costs. As Benedict Evans says, these newspapers are “a specialised (sp) light manufacturing industry, that aggregated attention to sell advertising.”

Anish Agnihotri built PartyBid, for example, while a student at the University of Waterloo, and has more demand for his talents than any degree could bring him (he’s now an associate at crypto VC, Paradigm)

It’s not that consumers aren’t still seeking the thrill of shopping; it’s just that it has become much, much harder for retailers to provide said thrill. Especially when stores aren’t only competing with other stores, but also with other forms of entertainment.

We did something unconventional on the inside, and then we matched it with an unconventional communication strategy, which was to just go out like in my first few months and say, "Right. Here's the state of the world: The app's kind of broken, we're going to fix it, it's going to take a while." As you go through the process, being transparent... See more