sari

There’s no better marker of culture’s unoriginality than everyone talking about culture’s unoriginality.

Let’s say you have perfectionist tendencies—meaning that your assessment of quality may exceed others’—you’re working on a project and you’re approaching a deadline to submit a draft for feedback. The idea of submitting something below your standards feels wrong, so you grind late into the night until it feels right to share it. However, if your... See more

Companies more often exited via M&A activity (53 of 58, or 92%) than did via an IPO.

There's a natural book publishing model for Substack to mirror that of QQ Reading: Start with a free newsletter. Each edition is a chapter. Readers can consume X chapters for free (high start %). Once reader gets to chapter Y, they pay to unlock... See more

More simply, DAOs are a new way to finance projects, govern communities, and share value. Instead of a top-down hierarchical structure, they use Web3 technology and rapidly evolving governance and incentive systems to distribute decision-making authority and financial rewards. Typically, they do that by issuing tokens based on participation,... See more

I had a vague idea that web3 was at the core of a new Scenius when I started researching this piece, but what I didn’t appreciate is that web3 seems to be a toolkit for conjuring Scenius. More than financial speculation, web3 offers a set of tools that can align incentives in ways that allow groups to tap into their communal genius.

Conversion rate is the most important metric for internet-based companies. Why? Conversion rate captures total user engagement. It also boasts high leverage. Here’s the big idea: as conversion increases, revenue rises and marketing costs decline. There are five things that affect conversion rate: 1) user interface, 2) performance (slow v. fast), 3)... See more