sari

Processes are not complex chains of people doing things that are burdened by horrible overheads.  Processes are expectations made explicit.  They can be as simple as "every morning we all do X to ensure everyone else is unblocked.

The Landing is best described as Pinterest meets Canva. It’s a place where users can come and find visually beautiful designs, get inspired, and remix them to make them their own.

The size of the Passion Economy can be assed in two ways 1) the number of influencers who have enough of a following to monetize their work 2) the size of the pockets of spend that could be fulfilled by individual creators

The idea behind the Midwit Meme is that sometimes the correct solution to a complicated problem turns out to be very simple. In this scenario, the genius and the simpleton will both end up with the right answer for very different reasons: the genius will fully understand and correctly solve the problem, while the simpleton will blunder into the... See more

Just like you have to make sure no one’s bringing guns or bombs on a plane that could kill hundreds, we need to make sure people aren’t bringing a deadly virus into a country that could kill thousands

So maybe we shouldn’t lament the end of peak centralization, particularly in media. The idea of there being one telephone company, two superpowers, three television stations, and four internet companies - it’s too homogenous. The fragmentation will lead to new cultures, ways of thinking, new ideas, and ultimately more cultural innovation.

The third piece is essential to understanding the Lemonade bull case. Their renter’s insurance product is incrementally cost-competitive only because overhead dominates their competitors' costs, and Lemonade’s cost structure is more fixed. But in 2019 they spent $175m in operating expenses to produce $13.1m in gross profit, which is not a... See more

Even absent external feedback, it's possible to train yourself to spot the limits to your product. One approach I've taken when talking to companies who are trying to achieve initial or new product-market fit is to ask them why every person in the world doesn't use their product or service.