Timour Kosters
@timourkosters
Investor & builder working in blockchain and ml. Tweeting: @timourxyz
linktr.eeTimour Kosters
‘You don’t ever have to say anything,’ he says. ‘Always remember that as a thing you need never do. Many’s the man lost much just because he missed a perfect opportunity to say nothing.’
Claire Keegan • Foster
I digress but the main point is simple: the drivers of social coherence, such as culture, governance, morality, law, shared stories, and shared values might as well be considered “technologies”. These stories, at least as much as our manipulations of fire, matter, and information, sustain our relationships with one another and with the planet.... See more
Matt Prewitt • Secret Societies, Network States, Burning Man, Zuzalu, and More: Thoughts on New Political Communities
Tech and Society and
I digress but the main point is simple: the drivers of social coherence, such as culture, governance, morality, law, shared stories, and shared values might as well be considered “technologies”. These stories, at least as much as our manipulations of fire, matter, and information, sustain our relationships with one another and with the planet. Their status registers how well we are doing, at least as meaningfully as the potency of our machines.
To run a profitable and scalable business, you want LTV > CAC. Currently, w e have rising CACs and less scalable, measurable acquisition-and it's all happening in a recessionary market environment.
Digital Native • Revisiting Lifetime Value and Customer Acquisition
Behind these conversations is a fundamental change of the digital age that applies to essentially every creative field: in the past, consumers bought and collected physical editions of creative work, creating a direct value exchange between fans, artists, and producers. Today almost all creative work is digitized and essentially rented — lowering
... See moreYancey Strickler • The old shit doesn't work anymore
One major reason for this is the quality of SHEIN's recommendations. Just as Bytedance anticipates the content you’ll want to watch, SHEIN anticipates the clothes you’ll want to buy. SHEIN is to commerce what Bytedance is to content.
Rex Woodbury • The TikTokization of Everything
Alpha: Stay lean while you de-risk your biggest hurdle.
Beta: Test, test, test — but push to go faster.
Beta: Test, test, test — but push to go faster.
First Round Capital • Airtable's Path to Product-Market Fit
Don’t follow the fad: “We were a bit contrarian. At the time, it was all about the Lean Startup, getting early customer validation and failing fast. This book making the rounds called ‘ The Four Steps to the Epiphany ’ espoused this lean company development model, where you put out a super rough prototype to get to know the customer and quickly
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