Sixian

One risk was over the last five years, you saw technology players, tech forward, skinny labels as they call themselves, emerge to try to disrupt the major labels, whether that was a Distrokid at the low end or an Orchard or Grooves in the mid segment or Believe Digital. They were trying to say, hey, we can use technology to do like 80%, 70%, 50% of... See more

A Company’s Social Contract With Its Labor Supply

The Relationship Between Viral Effects and Network Effects

Founders overestimate the point of diminishing returns for data in their own market category. The asymptote is usually not that high — perhaps thousands or even hundreds of data points are often enough to get 90% of the product experience value.

In the field of creativity, shared knowledge and wisdom have historically been hard to come by. This may be due to the house-of-cards structures upon which many creative industries are built. Or, perhaps it’s due to the fact that industries that seem to reward buttoned-up, ego-driven practices do not tend to generate great knowledge-sharing... See more

It’s hard to see which parts of your experience and opinions are distinctive and resonate without sharing them. In my experience, it’s rarely the big grand vision that people are attracted to but rather something more mundane and grounded - something that has a clarity and weight about it that is distinctive.

So let's use video because I just think it's a great example. If you think about music and how you consume music, you actually consume catalog product a lot. I certainly do. And I think most consumers do. Songs that I've listened to once, I will listen to again and again, and again, at some point. With video, that's less the case. Once I watch... See more

And so it helped, but we didn't see a major reaction in terms of return to growth and monetization in the market. That really started to change around 2014, 2015 as streaming came to the market and streaming, to me, solves not only the first point, which is around the UX and the digital experience, but it solves the monetization point too.