“I don’t even know that I know how to properly classify them,” says Ryan Wyatt, the head of gaming content for YouTube. Minecraft videos offer a glimpse of the blurring of the line between consumers and creators. Probably two-thirds of the kids I interviewed had started their own Minecraft channels on YouTube. Most of them were happy when even a... See more
But I’m not quitting on Slack. Partially because it’s underperformed SaaS so badly during COVID, I think it’s one of the best opportunities in tech. Wall Street hates it because of the threat from Microsoft Teams, but that’s our opportunity. Slack is the rare chance to be contrarian and right by betting on a fast-growing public SaaS company with... See more
This is identical to what we see all over tech today. As the structures of markets change, the optimal business models change with them. Business models are how we align and reconcile the markets needs with the cost and human capital required to provide them. Alignment of markets and the costs to serve them is core. And as either side changes, so... See more
Unlike traditional startups, the initial purpose of most Community DAOs isn’t to maximize shareholder value. It’s about the vibes. People want to be surrounded by like minded individuals, make collective decisions, and move the community’s purpose forward.