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Tech entrepreneurs succeed precisely because they realize the competitive advantages of working with the multitude rather than embracing a more traditional approach.
Nicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
Gokul Rajaram on designing your product development process, when and how to hire your first PM, a playbook for hiring leaders, getting ahead in you career, how to get started...
open.spotify.comMakers and Takers: The Economics of the Kalshi Prediction Market
ucd.ie“A good prediction is not a good decision,” Narayanan and Kapoor write.
Joshua Rothman • In the Age of A.I., What Makes People Unique?
It’s a new node in a network that over time will create value for the entire community of insurees through aggregated data, behavioral influence, and peer-to-peer work. Overall, the bet is that network effects beat selection effects most of the time.
Nicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
To put that another way, Venture Capital has always treated LPs as their customer and their investments as their product while ignoring that in a two-sided marketplace, value can easily move the other way. What if the Limited Partners, the funders, were actually the product that Venture Capital could sell to founders at startups to win deals?
David Phelps • Collectivizing Finance
