sari

Whereas the fundamental principle of a conventional business unit structure is to align accountability and control, the fundamental principle of a functional organization is to align expertise and decision rights.

Crypto takes this one step further with the development of new primitives for public goods. They are concerned that traditional philanthropic strategies will repeat the mistakes of legacy institutions, and therefore look to develop new ways of rewarding scientists and helping them share in uncapped upside, which, if successful, could do for science... See more

There's nothing wrong with going on Facebook or watching Netflix or playing video games. But don't do it on their schedule. Do it on your schedule. Put in the amount of time that you want to spend doing these things, that it helps you live according to your values.

California e-tailer Revolve did $499 million in sales last year but spent $531 million on returns, after accounting for processing costs and lost sales. The number does not account for the retailer also covering the shipping costs of returns. Revolve declined to comment on whether it’s working to resolve this discrepancy.

In these Podcast Notes, David stated: “Cities are merry-go-rounds… You’re in something together with people, and you expend very little energy to go fairly fast.”

Behind every crypto platform, there are rules and agreements just like in a constitution: interaction, power distribution, coin production, etc.