sari

On one hand, it’s the respect you give. Being ‘on the hook for the team’ means having a certain dedication to the potential in other people, specifically a desire to help it grow. Explicitly, this looks like being direct and honest in your communication, especially when it’s not easy. As anything otherwise would be a disservice. It’s helping others... See more

Before I move on, I want to spend a minute on exactly what Cathie Wood said: technology will prove deflationary, and its positive impact on productivity will contribute to a jump in GDP. But GDP is the product of the number of hours worked times labor productivity per hour. Thus, if technology produces a big increase in output per hour worked, GDP... See more

Social Money is a branded digital token that individual artists and creators can issue to their online communities. It allows creators to own, control, and coordinate the value that they create across media platforms. It’s kind of like a personal loyalty rewards program, but with added benefits (and risks) for both creators and consumers.

The hipster was an information-sorting algorithm: its job was to always have good taste . The hipster listened to bands you’d never heard of. The hipster drank beers brewed by Paraguayan Jesuits in the 1750s. The hipster thought Tarkovsky was for posers, and the only truly great late-Soviet filmmaker was Ali Khamraev. The hipster bought all his... See more

Anecdotally, we have seen a surprisingly consistent pattern in the financial data of AI companies, with gross margins often in the 50-60% range – well below the 60-80%+ benchmark for comparable SaaS businesses. Early-stage private capital can hide these inefficiencies in the short term, especially as some investors push for growth over... See more