sari

Marketplace for buying and selling small businesses: SMBs make up 99% of US businesses. Right now, the current buying and selling methods are broken — they occur primarily offline (newspaper ads, posters, word of mouth) There are a few online competitors (a signal of demand), but they are outdated. The experience can be reimagined and automated. Li... See more

Then once they stored it, they ended up having monopolistic network effects. One way to look at a blockchain is as a community-owned database. DNS and a blockchain are the only examples in the history of the internet where you had databases that a community owned, not a company. The other exception might be Wikipedia, as it is a nonprofit. I think ... See more

Here’s the hard thing about easy things: if everyone can do something, there’s no advantage to doing it, but you still have to do it anyway just to keep up.

I've been working on a theory. I call it "community is the new scarcity", or "the unbundling of venture capital" Let's try this, hive-mind.

The 100-inch TV set that covers your wall is going to cost you 100 bucks. The four-year college degree is going to cost $1 million ... The four-year college degree is basically—just think about it technologically—it's an unchanged experience from 100 years ago. Getting a degree from a college university today, it's the same set of activities, it's ... See more

In his “1,000 True Fans” essay, Kelly explains that he wasn’t as excited about this new economic model as others seemed to be. “The long tail is famously good news for two classes of people: a few lucky aggregators, such as Amazon and Netflix, and 6 billion consumers,” he writes. “But the long tail is a decidedly mixed blessing for creators.” If yo... See more