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The Unfair Advantage

Interoperability and ownership increase the value of digital assets. An NFT of a pair of sneakers should be more valuable than a pair of sneakers you buy in Fortnite, because you can use the NFT sneakers in many more places and because they have resale value.

Packy McCormick • Minimally Extractive Meta

A Benefit: some condition which yields material improvement in the cash flow of the Power wielder via reduced cost, enhanced pricing and/or decreased investment requirements.

Hamilton Helmer • 7 Powers: The Foundations of Business Strategy

This memo lists a few advantages:-Inventory advantage-Data advantage-Platform advantage

Sriram Krishnan • Andrew Bosworth on FB ads

If you’re a small manufacturer looking to expand keep an eye on section 168k. Section 168k lets you deduct a majority of a large asset purchase in the first year. You can take the full deduction even if this results in a net loss for your business. We have purchased millions of dollars in eq... See more

Jonathan | Fabworks 🏭x.com

A couple of notes on Employee Stock Option Plans (ESOP): 🗜️ESOPs are as much for your benefit as your VC: There are many ways VCs can hurt startups — this isn’t one of them 🍤 Startups shouldn’t skimp on ESOPs: This is the capital you use to recruit talent Let m... See more

Eric Paley x.com

Today's Effect discovery is that it pushes you towards a pattern I freaking love: Typed holes You're coding against interfaces a lot more often than implementations. This makes testing your business logic trivial

Matt Pocock x.com

Opportunity for Technology to Add Value. Zillow gives homebuyers access to a lot of data that was previously kept in proprietary systems. Using Uber's system, you can use more cars, earn more fares per hour, and get a faster pickup. Facilitating work-flow helps participants do more, and increases switching costs.

Bill Gurley • All Markets Are Not Created Equal: 10 Factors To Consider When Evaluating Digital Marketplaces - Above the Crowd