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Two weeks ago, when Cashback was released, I was unhappy with the model and hired three software engineers to build out Bedrock, a fee distribution product that rewards holders. Even though one of the devs we hired had credibility and had been hired by companies like Gemini, he went...

14,051 次观看 • 5 个月前 •via X (Twitter)

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Evan Spiegel on the lesson that killed his first startup and led to Snapchat: "We focused on building the perfect product for way too long before we got feedback. We worked for like eighteen months to build this perfect full-featured product, which was in direct contravention to how I was always taught to build things. Build a prototype, build an MVP, get it in front of people, learn as quickly as possible. But we had spent all this time building this perfect piece of software and we hadn't thought enough about distribution. While we built this great piece of software, our competitor at the time, Naviance, had secured distribution through all the different college counselors. What piece of software are you going to choose to help your kid get into college? The one recommended by the college counselors or the one from two kids at Stanford? I think it's a pretty easy choice. So we saw very early that we had no distribution advantage. Even if we loved our software, people weren't going to use it because we didn't have a scalable way to get it in people's hands. Around that time when we saw the emergence of the App Store on iPhone, it was very clear that was a distribution channel we could really use and benefit from. But we also needed to build things we could build quickly, things we really were going to use together with our friends so we could be the first early customers. Ultimately Peekaboo and Snapchat represented that." This is exactly the asymmetry Peter Thiel describes in Zero to One: superior distribution by itself can create a monopoly, even with no product differentiation. The converse is not true. Thiel puts an even finer point on it: most businesses get zero distribution channels to work. Poor sales rather than bad product is the most common cause of failure. If you can get just one distribution channel to work, you have a great business. Estée Lauder said: it's not enough to have the most wonderful product in the world. You must be able to sell it. Many founders over-index on product perfection and under-invest in distribution. The world is full of great products nobody knows about, and mediocre products with massive distribution that dominate markets. Evan Spiegel lived it. He built the better product, watched it lose, and then built something he could actually distribute.

David Senra

27,043 次观看 • 4 个月前

My cousins and my brother and I were exploring Coney Island, we saw the sights, hung out at the arcades and before we went back to the apartment we decided to go and get something to eat, we had some money on us but not much so we decided to see what we could get at one of the vendors. This was back in the early 90’s when most of them had dollar slices of pizza wherever we went. So we got 4 pieces of pizza, should have been $4 because that’s the price we were used to. The guy wanted to charge us $24 at $6 a slice. We argues with him because one of my cousins already took a bite being so hungry. But at the least we owed $4. We gave the other slices back and refused them but had to pay for the partially eaten one, it was embarrassing that an adult would try that on a bunch of kids. We told our uncle what happened and he went back and yelled at the vendor. He was familiar with them because he used to get slices all the time from the same guy and he never charged my uncle that price. I couldn’t imagine paying that exurban amount, like this guy who was being charged $54 for a hotdog by one of the vendors. At first he thought it was a typo and it was $5.40 but the vendor. Learned it up when he said no it was $54. Would you have paid that amount? I would have walked away, clearly he was trying to possibly scam a the man for looking like a tourist. Part of the experience when visiting a new area is the street food but it’s becoming more and more a chore avoiding places like this.

SonnyBoy🇺🇸

362,822 次观看 • 1 个月前

Almost five years ago, one of our bright beneficiaries, David, lost his mother after she travelled to the Upper East Region to seek medical treatment. He became an orphan. In the midst of that tragedy, he left Accra and disappeared from our scholarship programme. We did everything we could to bring him back. We had even identified a loving family that was ready to take him in so he could continue his education through our Student Training and Education Programme (STEP), but his family was not ready to let him return. We never gave up. In 2024, we heard that David had returned to Accra, so we travelled to Kasoa to look for him. We were relieved to find him, but his family was not forthcoming, making it difficult for us to stay in touch. Sadly, by the time we returned, he had been taken back to the Upper East Region. Then, just recently, we received the phone call we had been praying for. One of David’s cousins had brought him back after learning that he was being mistreated. At just 13 years old, David had been out of school for years and was being made to work on farms instead. Today, David is finally back. He may be behind in school, but he is not behind in potential. We are determined to help him catch up, heal, and build the future he deserves. As we prepare to support David’s return to school, he will need school fees, uniforms, books, stationery, personal items, counselling, and the care every child deserves to thrive. If David’s story has touched your heart and you would like to help him, we’d be very grateful for your support. Every contribution will go towards helping him rebuild his life and continue his education. Because every child deserves a chance. And at For The Future Ghana, we refuse to give up on children who need our help the most. If you’d like to support David, please send me a DM. 🙏🏽

Asiedua Kermah

60,095 次观看 • 21 天前

The SkyPirl (PIRL) project was restored and developed based on the contributions and support of the PIRL coin community. We believe that to create a successful project, it requires the contribution and effort of everyone. This is also the reason why we clearly state in the white paper that the PIRL community is the founder of the project, and the project will have two founders, because those who are restoring the project in the future all hold PIRL coins on the old chain # History of the project The SkyPirl project was founded in 2017 and has gone through many ups and downs. By the end of 2020, the project declared bankruptcy and the old chain operated until the third quarter of 2021. However, the community decided to stand up and restore the project in 2021. # Community protection policy We believe that the policy must prioritize protecting the community. Therefore, we propose 100% Airdrop for individuals who support the project to restore from 2021 to 2023 and 15% Airdrop for individuals who do not support the project. The remaining amount will be used for the next Airdrop purpose. # Project Principles We are proud to restore the project and regain the trust of the community. The SkyPirl project still maintains the main principle of not selling ICO, not raising capital, not calling for the community to spend money to restore the project. The community can only earn PIRL coins through Airdrop or running a validator. # Transparency and openness We work transparently and openly, all policies are announced to the community, and protect the interests of the community, as well as financial support, and work for free for the project. # Responsibility and work We believe that everyone's responsibility and work must be the same. The old PIRL community also has the responsibility to stand up to restore and encourage developers to stand up to restore the project. # Legal Responsibility We, the SmallMarine organization, have stood up for 5 years to call for developers to come back, working hard in terms of work, money and time. We want to ask the old PIRL community, if in the future we still work righteously and protect the project, but when the project has legal problems and the fault is not ours, will you protect us? Because we will be responsible for all legal responsibilities in the future. If we successfully merge the PIRL and Callisto Networks into the project, our first policy will be to prioritize protecting the community. We believe that the community is the most important foundation of the project and determines the direction of the chain. $CLO $PIRL #PIRLmeet #CLOe #SLOFI

SkyPirl Official 🎈🎈

16,702 次观看 • 1 年前

#WATCH | Jaisalmer, Rajasthan: Captain Chunnilal's son Multan Singh Thakur says, "My father is fought three wars for the country, and this is the fourth war he is fighting to protect his land. He is 90 years old... When we learned that our land had been registered on June 16 and the mutation was done on June 22... we immediately came here. We first went to Mohangarh Police Station, but they sent us to the PTM Police Station, saying it was under their jurisdiction. The PTM Police Station then told us to go to Kotwali because the registration had taken place there... We met the Tehsildar and the Patwari and informed them that someone had impersonated my father. The fake person claimed to be 75 years old, while my father is 90... We requested the Tehsildar to cancel the mutation, but he said his job was only to register the property and that we should go to court... Our FIR was also not being registered... Only after the SP intervened was an FIR finally lodged at the Kotwali Police Station. The SP assured my father that he would get his land back... For the last three days, we have been running from one office to another... My father's condition has deteriorated so much that he was falling asleep even while giving fingerprints. He is a heart patient, yet he remains determined to fight this fourth battle... I request the Himachal Pradesh government to help us... We have already spent lakhs of rupees, yet we are still struggling to recover our own land... Our land in Himachal was acquired for the Pong Dam, and we were rehabilitated here with the promise that we could build a livelihood... We were planning to install tube wells and settle here after years of hard work. But if our land is taken away, where will we go? How will we survive?... We are the sons of a soldier. We are not going to run away or give up. We will continue this fight. But the administration must also do its duty and provide us the justice and support we deserve."

ANI

30,382 次观看 • 1 个月前

🇦🇺Adelaide MFA update🇦🇺 We have received more complaints than we can keep count of in the last few days, so we feel the need to address what has been going on. Planning our Australia Day marches has been an interesting experience, we've seemingly hit some bumps in nearly every state this time around. Thankfully, we've pushed through and managed to finalise all our locations other than Adelaide. As you all know, South Australia has always been the hardest state to secure an organiser. We had plenty of team members ready to go, but no suitable main organiser who was willing to dox themselves on permits, etc. We were determined not to give up, as we were getting tonnes of messages asking when the Adelaide location would be dropped. So instead, we put out a TBA flyer and kept trying. During this time, an opportunistic person, whom we've had several bad experiences and complaints about, decided to attempt to make himself the organiser AGAIN and attempt to hijack our Australia Day plans in Adelaide. This person is none other than Mark Aldridge, the man who slyly inserted himself in our August 31st march, got our organisers' name removed from the permits, publicly bagged our promotional material, and caused fights to break out at the event. He was clearly never aligned with our beliefs. He proceeded to badmouth our organisation to the media and even went to a leftist counter-protest against our October 19th event, where he was told to sit down and shut up by the organisers. Unfortunately, because Mark decided to again hijack our event (he has since changed the naming of it) whilst also changing the messaging by promoting multicultural Australia, telling people to take flags other than the Australian flag, running it under a political organisation, and asking for donations. We will need to make it very clear that we are not affiliated with Mark Aldridge or his event in any way at all. However, because he has decided to do this rally in the CBD, it unfortunately means we won't be able to, however, we now have an organiser and team and are looking at other locations and let me tell you, you're all going to love what we have planned, and it is only just out of the CBD with plenty of public transport available. Keep an eye out over the next few days for the Adelaide location drop, and let it be known that we will never be compromised and always do our best to keep our supporters happy.

March for Australia

11,031 次观看 • 7 个月前