I started my internet career in the early 2000s during the dot-com bust. It's hard to picture this now, but the internet was a thing that people used ...

Why web3 matters Product cycles vs financial cycles Composability is to software as compounding interest is to finance Blockchains are the new app st...

1/ Topic: The internet treats bad business models as defects and routes around them. 2/ Let’s start with this fascinating chart (from https://matthewb...

1/ New technologies often arrive with flaws: toy-like, expensive, janky, lacking clear applications, etc. To predict how they’ll develop, it’s importa...

1/ Topic: Turning networks into economies 🧵 2/ We spent the last 20 years building networks on the internet. Social media platforms like Instagram, Tw...

1/ Topic: Going from Web 2 to Web 3 - “Your take rate is my opportunity” 🧵 2/ Jeff Bezos famously said "your margin is my opportunity" referring to th...

1/ Topic: Blockchains are the new app stores 🧵 2/ If you were an ambitious, risk-seeking founder in the mobile golden age circa 2009-12, you built a n...

1/ Tokens are a new digital primitive, analogous to the website 🧵 2/ Major computing waves generally have two eras: the skeuomorphic era and the nativ...