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The history of tech is littered with similar objections. For Airbnb: who wants to stay in a stranger's house? For Uber: who wants to get into a stranger’s car? Perhaps we’re seeing the same thing with NFTs today: who wants to pay for a GIF? Eventually, Benchmark came around, investing $5M in the company for a 21.5% stake in June 1997. eBay didn’t need the money to fund its operations, but the investment bolstered its credibility.
#123 - The Perfect Market - Part 2
kjlabuz.substack.com
A timely reminder from Clear Thinking:
“You don’t need to be smarter than others to outperform them if you can out-position them. Anyone looks like a genius when they’re in a good position, and even the smartest person looks like an idiot when they’re in a bad one.”
Stick to the Basics
fs.blog
Changing your life—especially your habits of daily living—can be challenging. Many of us start out with the best of intentions to improve our lives, only to be overwhelmed by the force of our well-worn mental habits and the momentum of the culture we live in. It’s tempting when confronting the complexity of life to say, I’ve tried, but I just cannot figure this out. I’ll just go with the flow.
The Good Life
Robert J. Waldinger and Marc Schulz Ph.D
...catch up on these, and many more highlights
Readwise