sari

New @ScreenshotEssay today: Stripe, Shopify, and Indexing to your Customers’ Revenue Growth

The Velocity Better/Faster/Cheaper Capital flywheel that Tiger has created is real, and will continue to enable Tiger to offer a compelling, low-cost of capital product to Founders. Barring a dot-com bubble-like crash, Tiger will continue to generate strong cash returns and take share of the overall private venture/growth asset class over time, due... See more

In 2000, Robert Putnam wrote an influential, chart-filled book called Bowling Alone about the dramatic decrease in social capital in the US from ~1970-2000. He distinguishes “bonding” (exclusive) social capital and “bridging” (inclusive) social capital. Multiple pseudonyms will allow us to be part of different communities that don’t seem... See more

there are three important reasons why NFTs offer fundamentally better economics for creators. The first, already alluded to above, is by removing rent-seeking intermediaries. The logic of blockchains is once you purchase an NFT it is yours to fully control, just like when you buy books or sneakers in the real world. There are and will continue to... See more

Social DAOs show that there is more to crypto than making a quick buck, and that the internet is the best place to meet people with similar interests.

The hardest thing is making anyone care.

In the Renaissance, a Florentine merchant could sponsor an artwork that would matter for centuries. In the early days of the American republic, a pamphlet could catalyze revolution. Today, even the most earnest Substack post risks being skimmed between an AI-generated video essay and a TikTok about luxury... See more