Tom White

Jim Collins originally used the Flywheel as a metaphor in Good To Great:Picture a huge, heavy flywheel — a massive metal disk mounted horizontally on an axle, about 30 feet in diameter, 2 feet thick, and weighing about 5,000 pounds. Now imagine your task is to get the flywheel rotating on the axle as fast and long as possible.Pushing with great... See more

If the mention of words like web3, crypto, and their complementary acronyms—NFT, DAO, DeFi, et cetera—prompt fears or jeers, derision or confusion, I shall serve as Virgil to your Dante.

It would be naïve to assume that any liberal democracy (or any society) can long survive with all of its conceptual foundations gutted. Either it will collapse into civil conflict, or those foundations will be replaced brick by brick by the New Faith, until it is transformed into an unrecognizable edifice that is neither liberal nor democratic.... See more

This allows us to pop the algorithmic bubbles—the weapons of math destruction—used by the Twitters, Facebooks, Googles of the world to lull us to sleep. It shuts off the intermittent dopamine drip to which we have become tethered and addicted.Though I do not lead a life so interesting to write about each and every day (partly why this newsletter... See more

Material is a collaborative NFT art project. The canvas is a pair of jeans. That I wear. The artist is you. Or you. Or Yu Darvish. Who knows?Whenever I wear the jeans, the canvas is live. When a person impacts me in a certain way, we forge a deep connection, or we share a memorable experience together, I may invite them to add a piece—an... See more

I spend 90% of my time thinking about stories and narratives, and like so many other things, narrative formation is getting decentralized. This is my attempt to figure out what’s happening and where it’s heading.Crafting and telling stories is part of what makes humans humans. Stories let us coordinate across time and space. Stories are undeniably... See more

No matter where we live in the world, then, it would be wise for us all to think carefully about the global chaos that is only beginning to consume us all. What is happening? Why is it happening? Where are we headed? What, if anything, can and should we do, individually and collectively?

History shows some of the best opportunities come in bad times, not good ones.Though we’re not in the business of prediction here at Stonks, in the words of Lord Byron: “The best prophet of the future is the past.”Put simply, if public/crypto market turmoil persists, early-stage valuations may well drop ~30% or lower (i.e.below levels seen merely a... See more