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A batch of the best highlights from what Edwin's read, .
Cable’s dual revenue stream from both advertising and fees paid by cable systems was a golden goose for the industry, producing operating margins as high as 40 percent—for programmers and distributors. (Operating margin is a simple measure of how much cash a business keeps from sales after paying for basic running costs, like salaries and supplies; the higher the percentage, the better.) The more channels we added, the more subscribers who signed up, and the more revenue we could take in, financing more channels, and drawing still more paying subs. Everyone in the circle was happy.
Born to Be Wired
John Malone
Pain is pain, fear is fear, and love is love-even in the matrix. It
doesn't matter if the fear you feel is inspired by a collection of atoms in the outside world or by electrical signals manipulated by a computer. The fear is still real. So if you want to explore the reality of your mind, you can do that inside the matrix as well as outside it.
21 Lessons for the 21st Century
Yuval Noah Harari
If that does not happen, then it’s not a great idea. It’s a distraction. Keep going until you find an idea that won’t let you go.*
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