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Still, artists continue to grumble about Spotify, in part because per-stream payments seem low; that metric, though, is first and foremost a function of how much music is listened to: the revenue pot is set by the number of subscribers (and music-related ad revenue), which means that the per-stream payout is a function of how many streams there are. In other words, a lower per-stream number is a good thing, because that means there was more listening overall, which is a positive as far as factors like churn or non-streaming revenue generation opportunities are concerned.
Stratechery by Ben Thompson
stratechery.com
He was as libertarian as a man could be, f iercely proud of what he had accomplished. A man who believed that wealth creation was a noble, moral achievement, he was pushing 60 with Calvinist roots and capitalist beliefs. As a boardmember and donor of the Cato Institute (the libertarian think tank that espouses limited government and individual liberty), Malone believed the def inition was not freedom from obligation, but freedom to choose which of those obligations to take on, which roles to play in business and life.
Cable Cowboy
Mark Robichaux
We overestimate the likelihood of unlikely events. And we underestimate the likelihood of likely events.
The Availability Bias: How to Overcome a Common Cognitive Distortion
fs.blog
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