sari

Progress is mostly about what does not happen. Progress means a 92-year-old who did not die today, a boy who was not robbed on his way to school, a 12-year girl who is not married to a 30-year old man, etc. What did not happen does not make the news. The best parts of civilization don’t get headlined.

Instructors will experience the superstar effect. The best will receive asymmetric rewards. Similar to remote fitness. Superstars will emerge in coding, writing, design and more. This already happened in China.

The most successful sub-categories we’ve observed are those that start as “side hustles” but can eventually evolve into lucrative careers. A great example of this is Substack, a platform that makes it easy to start an email newsletter subscription.

get the product right first, then lock down the strategy of the business, then figure out the business model.

thinking is an active pursuit — one that often happens when you are spending long stretches of time staring into space, then writing a bit, and then staring into space a bit more. It’s here that the connections are made and the insights are formed. And it is a process that stubbornly resists automation.

Derived products leverage network engagement and interactions to generate an asset that can be productized and monetized directly. These usually take the form of market intelligence or aggregated data products.

Within the next five years, nearly every consumer company, and many B2B companies, will be web3 companies, just like nearly every company became an internet company in the early 2000s. They’ll use tokens, embedded DeFi, and NFTs to strengthen network effects, increase switching costs, build novel user experiences, improve margins, and turbocharge... See more