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"User-based pricing is a thing of the past." How Databricks found out the hard way: "When we started selling Databricks, we were doing $15k, $18k deals annual deals. New rule became: no deals less than my monthly Uber bill. We were adding tons of value. But because we're usage-based,... a lot of the use cases weren't driving a lot of usage. So we started asking, how do we capture some of that value? Your proper pricing model is price equals value. If your price is over the value, no one buys. If it's under, you're leaving money on the table. So early days we added a platform fee. Then user fees, all these things to push our price points up to match the value. And one thing that wasn't intuitive: once we started charging for users, people started restricting who could use the product. Which drives down usage. So I said, okay, let's get rid of user pricing. All the users are free. And all of a sudden usage took off. Because now everybody can use it, everybody can get value out of it. Data's growing. Queries are growing. The number of people asking queries is growing. The number of agents asking queries is growing. All of it is tied to usage now. I think user-based pricing is a thing of the past, honestly."show more

Turner Novak 🍌🧢

212,037 subscribers

58,595 Aufrufe • vor 7 Tagen •via X (Twitter)

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12 Kommentare

Profilbild von Jester

Jestervor 7 Tagen

my monthly uber bill as the new minimum deal size is a business philosophy i respect deeply

Profilbild von TwinsMom

TwinsMomvor 7 Tagen

Pricing should track value, not seats. You and @mozlyxy are my go-to finance accounts for takes like this.

Profilbild von AJ Wolf

AJ Wolfvor 6 Tagen

Starting off with $15k ACV’s turned into $200B company 👀

Profilbild von Turner Novak 🍌🧢

Turner Novak 🍌🧢vor 6 Tagen

😂 👀

Profilbild von Reed Porter

Reed Portervor 6 Tagen

All this talk and he never told us the value metric they price on lol. What a waste.

Profilbild von Sridhar A

Sridhar Avor 6 Tagen

the agentic shift makes this even more interesting. charging per user can limit adoption exactly when the product gets more valuable as more agents and people use it.

Profilbild von Maya

Mayavor 6 Tagen

Yes! Louder for the people in the back.

Profilbild von Nico K

Nico Kvor 6 Tagen

Pricing by value beats per user every time

Profilbild von Sebastian Caniulao | Ecommerce Email & Growth

Sebastian Caniulao | Ecommerce Email & Growthvor 6 Tagen

The bit about per seat pricing making customers restrict who logs in is the same trap as charging for email sends. The moment a client is paying per contact they start pruning the list to save money, and the people they prune are the dormant ones who were actually the cheapest to win back. The billing model quietly decides the strategy.

Profilbild von Wojtek Szremski

Wojtek Szremskivor 6 Tagen

Price = value means 0% ROI for the buyer. Why would anyone buy?

Profilbild von JaƴCøđes 🔊

JaƴCøđes 🔊vor 6 Tagen

What about Consumer Surplus, you don't need to extract every but on value with your pricing. Give users something to be happy about

Profilbild von Tommy Mc

Tommy Mcvor 5 Tagen

seat pricing misprices ai products and suppresses the behavior that creates the value. charging for the work done is the cleaner loop

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Akshay Kothari

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Ansem explains how memecoins could fix the social media model "It's discounted a lot, how large that group of people is that will invest or buy memes, but won't invest in stocks" "The reason Meta has value is because all the people on Instagram are spending a ton of time on that app, contributing a lot of value to the network with their time, their attention, etc" "But the people who are determining the value of this network typically don't have a stake in the upside" "If you can figure out a way to flip the social media model on its head, where the people who are the reason the network has value also have upside in the value of the network, there's a complete regime change on how all these things operate. One of the ways to do that is through memes"

Ansem explains how memecoins could fix the social media model "It's discounted a lot, how large that group of people is that will invest or buy memes, but won't invest in stocks" "The reason Meta has value is because all the people on Instagram are spending a ton of time on that app, contributing a lot of value to the network with their time, their attention, etc" "But the people who are determining the value of this network typically don't have a stake in the upside" "If you can figure out a way to flip the social media model on its head, where the people who are the reason the network has value also have upside in the value of the network, there's a complete regime change on how all these things operate. One of the ways to do that is through memes"

Market Bubble

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Krishna on how Anthropic thinks about the platform vs. application layer, and when they decide to build their own products like Claude Code. It’s the question every investor and founder is thinking about: “Most of what we're building is platform. There's so many examples of where a platform can accrue a lot of value, but the customers who are building on that platform actually accrue even more value. We will build our own applications on that same platform where a couple of things are true. Number one, if we feel like we have a vision into where the models are going and we can demonstrate that and create customer value in that, that might be something like Claude Code. The second is thinking about ways to demonstrate value for the ecosystem that others might emulate. If you think about Claude for financial services or Claude for life sciences, these are ways in which we've composed the platform. We're building on the same platform as our customers. That creates a level playing field. We also think that there's so much value that's going to accrue in these areas that our customers can win and we can win as well. So I think of our strategy as mostly horizontal. A lot of the value is going to accrue to the customers that are building on top of it. Our goal is build the best models and then build the products and tools and services that allow that intelligence to proliferate within customers."

Krishna on how Anthropic thinks about the platform vs. application layer, and when they decide to build their own products like Claude Code. It’s the question every investor and founder is thinking about: “Most of what we're building is platform. There's so many examples of where a platform can accrue a lot of value, but the customers who are building on that platform actually accrue even more value. We will build our own applications on that same platform where a couple of things are true. Number one, if we feel like we have a vision into where the models are going and we can demonstrate that and create customer value in that, that might be something like Claude Code. The second is thinking about ways to demonstrate value for the ecosystem that others might emulate. If you think about Claude for financial services or Claude for life sciences, these are ways in which we've composed the platform. We're building on the same platform as our customers. That creates a level playing field. We also think that there's so much value that's going to accrue in these areas that our customers can win and we can win as well. So I think of our strategy as mostly horizontal. A lot of the value is going to accrue to the customers that are building on top of it. Our goal is build the best models and then build the products and tools and services that allow that intelligence to proliferate within customers."

Patrick OShaughnessy

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.Sam Altman says the best advice Peter Thiel ever gave him was to focus on what’s working. Peter was the one who convinced him to double down on ChatGPT early on: “After we launched ChatGPT, it was sort of this weird thing because people didn't really know what to use it for. It was growing super fast, but it felt very unstable, or kind of almost low-value growth.” “A lot of people in the company were like, ‘We gotta figure out something else. This is not sustainable value.’ And we were talking about this list of 5 or 6 other things that we could focus on instead.” “He was like, ‘It's an obvious mistake to do anything but this.’” “Besides the fact that it's growing, which is rare and great, and it was not growing as fast then as it did after, he's like, ‘The power of this is the power of the Google text box. It's like a text box you can type anything into, and it does the right thing.’” “He's like, ‘People have just been chasing the Google business model for 20 years and this is the first thing that's come up, and clearly the empty text box worked for Google, so why don't you just double down on that? It's growing. It's very flexible and it has all of the signs other than it doesn't fit the current Silicon Valley wisdom.’” “And I was like, ‘Okay.’ And so we went super hard on ChatGPT and it was great.”

.Sam Altman says the best advice Peter Thiel ever gave him was to focus on what’s working. Peter was the one who convinced him to double down on ChatGPT early on: “After we launched ChatGPT, it was sort of this weird thing because people didn't really know what to use it for. It was growing super fast, but it felt very unstable, or kind of almost low-value growth.” “A lot of people in the company were like, ‘We gotta figure out something else. This is not sustainable value.’ And we were talking about this list of 5 or 6 other things that we could focus on instead.” “He was like, ‘It's an obvious mistake to do anything but this.’” “Besides the fact that it's growing, which is rare and great, and it was not growing as fast then as it did after, he's like, ‘The power of this is the power of the Google text box. It's like a text box you can type anything into, and it does the right thing.’” “He's like, ‘People have just been chasing the Google business model for 20 years and this is the first thing that's come up, and clearly the empty text box worked for Google, so why don't you just double down on that? It's growing. It's very flexible and it has all of the signs other than it doesn't fit the current Silicon Valley wisdom.’” “And I was like, ‘Okay.’ And so we went super hard on ChatGPT and it was great.”

David Senra

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.meow talks to Youtube co-founder steve chen about UGC and UGM: “You’re obviously one of the pioneers of this thing called UGC, right? User Generated Content. And then what we are seeing now in this space is what I call UGM — User Generated Money. In UGC, the value is created from the users. And then in Web3 or crypto, the value is generated from the users too. In UGC, we move from an era of the big studios—the big studios create the content, they monetize the content, and they get the value from the content. But what you did is that you democratized the process. You allowed users to create the content, market the content too, and also get the value from the content. For example, if you’re Netflix, you have to make the content, market it, and run advertising globally. You go anywhere across the world—Japan, Tokyo, Europe—you see Netflix advertisements everywhere. But in this new era, the users are the ones that market their own content. And the same thing is happening in the crypto world. The users are generating the money, marketing the money, and getting the value of the money. There are a lot of nuances to this but generally speaking, it’s fascinating because we are really at the nexus of UGC and UGM.”

.meow talks to Youtube co-founder steve chen about UGC and UGM: “You’re obviously one of the pioneers of this thing called UGC, right? User Generated Content. And then what we are seeing now in this space is what I call UGM — User Generated Money. In UGC, the value is created from the users. And then in Web3 or crypto, the value is generated from the users too. In UGC, we move from an era of the big studios—the big studios create the content, they monetize the content, and they get the value from the content. But what you did is that you democratized the process. You allowed users to create the content, market the content too, and also get the value from the content. For example, if you’re Netflix, you have to make the content, market it, and run advertising globally. You go anywhere across the world—Japan, Tokyo, Europe—you see Netflix advertisements everywhere. But in this new era, the users are the ones that market their own content. And the same thing is happening in the crypto world. The users are generating the money, marketing the money, and getting the value of the money. There are a lot of nuances to this but generally speaking, it’s fascinating because we are really at the nexus of UGC and UGM.”

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your original birth certificate has a stamped number on it. that's a bond number. that bond number is traded on the stock market. the value of that bond number on the market is your value to them - which is commensurate with the amount of wealth they have stolen from you. that's called your minor estate. you can bitch all you want about whether nesara is a real thing or not - I could care less. one way or the other, this will all be sorted out. if I know, you know. If you know, then you can bet your ass they know that we all know. ncswic is not a tagline. you can take that to the bank.

your original birth certificate has a stamped number on it. that's a bond number. that bond number is traded on the stock market. the value of that bond number on the market is your value to them - which is commensurate with the amount of wealth they have stolen from you. that's called your minor estate. you can bitch all you want about whether nesara is a real thing or not - I could care less. one way or the other, this will all be sorted out. if I know, you know. If you know, then you can bet your ass they know that we all know. ncswic is not a tagline. you can take that to the bank.

The Rubber Duck ™

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“What I think SPX is, is a wake-up call. And I think for the normie, the average person, it literally is best described as being the next Bitcoin, because that's literally what it is. Bitcoin was a wake-up call to show people that value is subjective. And SPX is the next iteration of that. And once you get enough people to understand that the value of the dollar is subjective. It only has value because people believe in it. Bitcoin only has value because people believe in it. SPX has value because people believe in it. And the next step is Well, it's not just money that is subjective in value. It is literally everything is subjective. The entire universe is this subjective entity that is created from our own consciousness. And that's what Like, the purpose of this vehicle, yes, it's going to make a lot of people a lot of money, but the point of that is to wake people up to the fact that the entire universe is this subjective entity. It is not just this, like, empirical machine with interlocking gears and like this orderly machine that proceeds from just like the sum of its parts like no like we are literally the universe creating the universe and that's what spx is meant to wake people up to.” — Crypto Maxi 💹🧲

“What I think SPX is, is a wake-up call. And I think for the normie, the average person, it literally is best described as being the next Bitcoin, because that's literally what it is. Bitcoin was a wake-up call to show people that value is subjective. And SPX is the next iteration of that. And once you get enough people to understand that the value of the dollar is subjective. It only has value because people believe in it. Bitcoin only has value because people believe in it. SPX has value because people believe in it. And the next step is Well, it's not just money that is subjective in value. It is literally everything is subjective. The entire universe is this subjective entity that is created from our own consciousness. And that's what Like, the purpose of this vehicle, yes, it's going to make a lot of people a lot of money, but the point of that is to wake people up to the fact that the entire universe is this subjective entity. It is not just this, like, empirical machine with interlocking gears and like this orderly machine that proceeds from just like the sum of its parts like no like we are literally the universe creating the universe and that's what spx is meant to wake people up to.” — Crypto Maxi 💹🧲

Tanz Cho 💹🧲

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SKZ were asking Concert vs Comeback which one we look forward more and majority said concert and smart Seungmin said 🐶i thought about this, yknow the world is advancing so quickly right? There are so many contents through video were being released all the time..but regardless of all that,STAY who came to our concert ..idk how to put into words but i think the members can feel it too... when we are doing concert, I think there are the kind of people who truly value that indescribable something that flows back and forth between us and the fans so even though it was a comeback season, I think there were really a lot of people who answered that they'd choose the concert, and because of that, over these 5 days, we've received such endless love. .all of the members feel the same.

SKZ were asking Concert vs Comeback which one we look forward more and majority said concert and smart Seungmin said 🐶i thought about this, yknow the world is advancing so quickly right? There are so many contents through video were being released all the time..but regardless of all that,STAY who came to our concert ..idk how to put into words but i think the members can feel it too... when we are doing concert, I think there are the kind of people who truly value that indescribable something that flows back and forth between us and the fans so even though it was a comeback season, I think there were really a lot of people who answered that they'd choose the concert, and because of that, over these 5 days, we've received such endless love. .all of the members feel the same.

댕꾸 ◡̈

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"Value capture is incredibly difficult, and the market is leaking its value at an unbelievable pace at all times." Eddy Lazzarin ☀️ with a counterintuitive take: "Entrepreneurs are so obsessed with value capture... not because it's serving their greed at every turn. It's actually because value capture is incredibly difficult." "There's this idea, something called Schumpeterian profits... According to Nordhaus, 97.8% of the value is externalized. Very little of the value is captured by the company." "Every price that's posted is an advertisement for other competitors to jump in. If you're charging a high price and a competitor sees that, that's just like a blinking, blaring red signal sign for them to jump in and compete." "Think of capitalism as this ship, and it's just sinking all the time, but we're building it faster than it's sinking. It's actually in a runaway feedback loop where it's growing and leaking at an accelerating pace... It's a perma-boom, perma-crisis at all times."

"Value capture is incredibly difficult, and the market is leaking its value at an unbelievable pace at all times." Eddy Lazzarin ☀️ with a counterintuitive take: "Entrepreneurs are so obsessed with value capture... not because it's serving their greed at every turn. It's actually because value capture is incredibly difficult." "There's this idea, something called Schumpeterian profits... According to Nordhaus, 97.8% of the value is externalized. Very little of the value is captured by the company." "Every price that's posted is an advertisement for other competitors to jump in. If you're charging a high price and a competitor sees that, that's just like a blinking, blaring red signal sign for them to jump in and compete." "Think of capitalism as this ship, and it's just sinking all the time, but we're building it faster than it's sinking. It's actually in a runaway feedback loop where it's growing and leaking at an accelerating pace... It's a perma-boom, perma-crisis at all times."

a16z crypto

11,946 Aufrufe • vor 3 Monaten

Pioneers, the Revolution Is in Our Hands! 🌏 We are living in a historic moment! Pi Network is not just another cryptocurrency – it is a global movement that can forever transform the world’s financial system. But for this to happen, we must act with intelligence, unity, and determination. We are millions of Pioneers across the planet, connected by a single ideal: building a decentralized, fair, and accessible future for all. No government, bank, or financial elite can dictate the value of Pi. We are the force driving this revolution! The True Value of Pi Is in Our Hands! The GCV of $314,159 is not just a number – it is a symbol of our vision, our confidence, and our mission. Pi is worth what we believe and make happen. If we want to see Pi shine, we must act now: Say NO to exchanges that try to manipulate Pi’s value! Withdraw and protect your coins. Refuse to sell your Pi for unfair prices! We determine its value. Use Pi in real transactions! The more we use it, the stronger it becomes. Spread the word, encourage others, make history! The more people believe, the more powerful it gets. Create scarcity! The harder it is to obtain Pi, the more valuable it will be. The World Is Watching – Let’s Show Them Our Strength! The early days of Bitcoin were filled with uncertainty. Many doubted it. Today, it is a global phenomenon! Now, we stand before an even greater moment: the birth of a cryptocurrency that is truly accessible to all. But Pi’s future will not be written by speculators. It will be written by US! The decision is in our hands. We can allow our dream to be manipulated, or we can change history and make Pi a global powerhouse! If every Pioneer acts with faith, strategy, and commitment, the GCV of $314,159 will not be a wish – it will be an undeniable reality! Together, we are unstoppable! The future is now! I am Sérgio Cruz, the Global GCV Ambassador from Portugal 🇵🇹

Pioneers, the Revolution Is in Our Hands! 🌏 We are living in a historic moment! Pi Network is not just another cryptocurrency – it is a global movement that can forever transform the world’s financial system. But for this to happen, we must act with intelligence, unity, and determination. We are millions of Pioneers across the planet, connected by a single ideal: building a decentralized, fair, and accessible future for all. No government, bank, or financial elite can dictate the value of Pi. We are the force driving this revolution! The True Value of Pi Is in Our Hands! The GCV of $314,159 is not just a number – it is a symbol of our vision, our confidence, and our mission. Pi is worth what we believe and make happen. If we want to see Pi shine, we must act now: Say NO to exchanges that try to manipulate Pi’s value! Withdraw and protect your coins. Refuse to sell your Pi for unfair prices! We determine its value. Use Pi in real transactions! The more we use it, the stronger it becomes. Spread the word, encourage others, make history! The more people believe, the more powerful it gets. Create scarcity! The harder it is to obtain Pi, the more valuable it will be. The World Is Watching – Let’s Show Them Our Strength! The early days of Bitcoin were filled with uncertainty. Many doubted it. Today, it is a global phenomenon! Now, we stand before an even greater moment: the birth of a cryptocurrency that is truly accessible to all. But Pi’s future will not be written by speculators. It will be written by US! The decision is in our hands. We can allow our dream to be manipulated, or we can change history and make Pi a global powerhouse! If every Pioneer acts with faith, strategy, and commitment, the GCV of $314,159 will not be a wish – it will be an undeniable reality! Together, we are unstoppable! The future is now! I am Sérgio Cruz, the Global GCV Ambassador from Portugal 🇵🇹

Doris Yin 东方紫莲🪷

17,716 Aufrufe • vor 1 Jahr

Marc Andreessen: “I’m always urging founders to raise prices, raise prices, raise prices.” “We spend a lot of time working with our companies on pricing,” a16z co-founder Marc Andreessen explains. “It’s really this magical art and science that a lot of companies don’t take seriously enough.” Marc continues: “A core principle of pricing is that you don’t want to price by cost if you can avoid it. You want to price by value. Especially when you’re selling to businesses, you want to price as a percentage of the business value you’re creating.” He gives the example of building an AI that can do the job of a programmer, a lawyer, or a radiologist: “Can you price by value and get a percentage of what otherwise would’ve literally been a person? Or equivalently can you price by marginal productivity? If you can take a human doctor and make them much more productive because you give them AI, can you price as a percentage of the productivity uplift?” Marc argues that high prices are under-appreciated by founders: “The naive view on pricing is the lower the pricing, the better it is for the customer. The more sophisticated way of looking at it is that higher prices are often good for the customer because the higher price means the vendor can make the product better, faster. Companies with higher prices and higher margins can actually invest more in R&D and make the product better. Most people who buy things aren’t just looking for the cheapest price. They want something that’s going to work really well.” Marc also emphasizes this point in an interview in Elad Gil’s High Growth Handbook: “What I hear from companies is, ‘Oh, we have an awesome moat, and we’re still going to price our product cheap, because we think that’s somehow going to maximize our business.’ I’m always urging founders to raise prices, raise prices, raise prices. I’m always urging founders to raise prices, raise prices, raise prices. First of all, raising prices is a great way to flesh out whether you actually do have a moat. If you do have a moat, the customers will still buy, because they have to. The definition of a moat is the ability to charge more. And so number one, it’s just a good way to flesh out that topic and really expose it to sunlight. And then number two, companies that charge more can better fund both their distribution efforts and their ongoing R&D efforts. Charging more is a key lever to be able to grow. And the companies that charge more therefore tend to grow faster. That’s counterintuitive to a lot of engineers. A lot of engineers think there’s a one-dimensional relationship between price and value. They have this mental model of commerce like they’re selling rice or something. It’s like, “My product is magical and nobody can replicate it, and I need to price it like it’s a commodity.” No, you don’t. In fact, quite the opposite. If you price it high, then you can fund a much more expensive sales and marketing effort, which means you’re much more likely to win the market, which means you’re much more likely to be able afford to do all the R&D and acquisitions you’re going to want to do. And so we always try to snap people into a two-dimensional mindset, where higher prices equals faster growth.” Video source: a16z (2026)

Marc Andreessen: “I’m always urging founders to raise prices, raise prices, raise prices.” “We spend a lot of time working with our companies on pricing,” a16z co-founder Marc Andreessen explains. “It’s really this magical art and science that a lot of companies don’t take seriously enough.” Marc continues: “A core principle of pricing is that you don’t want to price by cost if you can avoid it. You want to price by value. Especially when you’re selling to businesses, you want to price as a percentage of the business value you’re creating.” He gives the example of building an AI that can do the job of a programmer, a lawyer, or a radiologist: “Can you price by value and get a percentage of what otherwise would’ve literally been a person? Or equivalently can you price by marginal productivity? If you can take a human doctor and make them much more productive because you give them AI, can you price as a percentage of the productivity uplift?” Marc argues that high prices are under-appreciated by founders: “The naive view on pricing is the lower the pricing, the better it is for the customer. The more sophisticated way of looking at it is that higher prices are often good for the customer because the higher price means the vendor can make the product better, faster. Companies with higher prices and higher margins can actually invest more in R&D and make the product better. Most people who buy things aren’t just looking for the cheapest price. They want something that’s going to work really well.” Marc also emphasizes this point in an interview in Elad Gil’s High Growth Handbook: “What I hear from companies is, ‘Oh, we have an awesome moat, and we’re still going to price our product cheap, because we think that’s somehow going to maximize our business.’ I’m always urging founders to raise prices, raise prices, raise prices. I’m always urging founders to raise prices, raise prices, raise prices. First of all, raising prices is a great way to flesh out whether you actually do have a moat. If you do have a moat, the customers will still buy, because they have to. The definition of a moat is the ability to charge more. And so number one, it’s just a good way to flesh out that topic and really expose it to sunlight. And then number two, companies that charge more can better fund both their distribution efforts and their ongoing R&D efforts. Charging more is a key lever to be able to grow. And the companies that charge more therefore tend to grow faster. That’s counterintuitive to a lot of engineers. A lot of engineers think there’s a one-dimensional relationship between price and value. They have this mental model of commerce like they’re selling rice or something. It’s like, “My product is magical and nobody can replicate it, and I need to price it like it’s a commodity.” No, you don’t. In fact, quite the opposite. If you price it high, then you can fund a much more expensive sales and marketing effort, which means you’re much more likely to win the market, which means you’re much more likely to be able afford to do all the R&D and acquisitions you’re going to want to do. And so we always try to snap people into a two-dimensional mindset, where higher prices equals faster growth.” Video source: a16z (2026)

Startup Archive

423,171 Aufrufe • vor 8 Monaten

Ansem explains why people are so drawn to memecoins “One of the reasons dogecoin:native went so high is because you have this set of buyers who were never going to buy stocks. They didn't care about stocks at all and didn't have any money invested in the stock market” “They invested in Dogecoin because they related to the meme. They thought the meme was funny. It was fun to invest with their friends. Elon's attached to it. It was something they could understand easily and relate to” “I think it's discounted a lot how large that group of people is that will invest in whatever meme but won't invest in stocks” “If you look at Instagram, it has like 3B users but the holders of $META are only like 30M. There's only around 30M people that own Meta stock” “The reason Meta has value is because all the people on Instagram are spending a ton of time on that app, contributing a lot of value to the network by using their time and attention” “The people who are determining the value of this network typically don't have a stake in the upside” “If you can figure out a way to flip the social media model on its head where the people who are the reason the network has value also have upside in the value of the network, there's a complete regime change in how all these things operate” “I think one of the ways to do that is through memes” solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump

Ansem explains why people are so drawn to memecoins “One of the reasons dogecoin:native went so high is because you have this set of buyers who were never going to buy stocks. They didn't care about stocks at all and didn't have any money invested in the stock market” “They invested in Dogecoin because they related to the meme. They thought the meme was funny. It was fun to invest with their friends. Elon's attached to it. It was something they could understand easily and relate to” “I think it's discounted a lot how large that group of people is that will invest in whatever meme but won't invest in stocks” “If you look at Instagram, it has like 3B users but the holders of $META are only like 30M. There's only around 30M people that own Meta stock” “The reason Meta has value is because all the people on Instagram are spending a ton of time on that app, contributing a lot of value to the network by using their time and attention” “The people who are determining the value of this network typically don't have a stake in the upside” “If you can figure out a way to flip the social media model on its head where the people who are the reason the network has value also have upside in the value of the network, there's a complete regime change in how all these things operate” “I think one of the ways to do that is through memes” solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump

Jack

113,792 Aufrufe • vor 1 Monat

Co-author of the viral Citrini Research piece Alap Shah explains the key part of its thesis in detail: "What is the thing that drives our entire economy? It's wages. Most of those wages that are ultimately driving all the discretionary spending are coming from the white-collar worker." "The problem with that is [we] made all these assumptions on loaning money to all these companies. Two mortgages, everything else. The white-collar economy is our economy." "If you all of a sudden just take a leg out of that economy, it has a contagion effect. Basically, every asset in the world. And so that, I think, is the part people haven't thought about, because when you were making these loans, no one ever conceived of a world [where] white-collar jobs are in permanent decline." "If that's at 2% a year, then I think we can skate through. But if it's at 4% or 5% a year, then we need action a lot more quickly."

Co-author of the viral Citrini Research piece Alap Shah explains the key part of its thesis in detail: "What is the thing that drives our entire economy? It's wages. Most of those wages that are ultimately driving all the discretionary spending are coming from the white-collar worker." "The problem with that is [we] made all these assumptions on loaning money to all these companies. Two mortgages, everything else. The white-collar economy is our economy." "If you all of a sudden just take a leg out of that economy, it has a contagion effect. Basically, every asset in the world. And so that, I think, is the part people haven't thought about, because when you were making these loans, no one ever conceived of a world [where] white-collar jobs are in permanent decline." "If that's at 2% a year, then I think we can skate through. But if it's at 4% or 5% a year, then we need action a lot more quickly."

TBPN

79,770 Aufrufe • vor 6 Monaten

.Ben Lerer describes how chasing VC money took the joy out of running one of his early businesses: "Our first few years, we were profitable and stayed small. It was amazing. We had a small community of people that were diehard and advertisers who really felt the needle move, and it was wonderful." "What happened was: the space got attention from big VCs. People wanted to get in on the gold rush. A bunch of people raised a bunch of money, and I was one of them. The idea was - you have to grow into those valuations." "They were not fatal mistakes, but they were ultimately the thing that took a lot of the joy out of the business. We got obsessed with figuring out - how do you keep growing and how do you keep doubling year over year." "The way to do it right is to do what you love and stay relatively small and build a real community-based thing."

.Ben Lerer describes how chasing VC money took the joy out of running one of his early businesses: "Our first few years, we were profitable and stayed small. It was amazing. We had a small community of people that were diehard and advertisers who really felt the needle move, and it was wonderful." "What happened was: the space got attention from big VCs. People wanted to get in on the gold rush. A bunch of people raised a bunch of money, and I was one of them. The idea was - you have to grow into those valuations." "They were not fatal mistakes, but they were ultimately the thing that took a lot of the joy out of the business. We got obsessed with figuring out - how do you keep growing and how do you keep doubling year over year." "The way to do it right is to do what you love and stay relatively small and build a real community-based thing."

TBPN

12,247 Aufrufe • vor 7 Monaten

One of the number one things I get asked about is breathing when I run. a good tip I use is to take a “total” breath. The cadence of the breath will change based on your tempo, but making sure that we don’t get into hyperventilation when we are running!

One of the number one things I get asked about is breathing when I run. a good tip I use is to take a “total” breath. The cadence of the breath will change based on your tempo, but making sure that we don’t get into hyperventilation when we are running!

Chari Hawkins

10,664 Aufrufe • vor 4 Monaten

I stood on the steps of the Supreme Court Monday . Donald Trump has done real things for MAHA. I believe that. But when the Department of Justice shows up to defend Bayer and Monsanto against the American people, against the health of our children, I have to say: you got this one wrong. Liability protection for corporations that poison people is not a conservative value. It is not a Republican value. It is not a Democratic value. It is not an American value. It is the opposite of a free market. It is the government putting its thumb on the scale for corporations that are losing in court because their products are causing cancer. Every child in this country deserves to be healthy. That is not a political statement. That is the only statement that matters. So in the words of the President himself: we are going to fight, fight.

I stood on the steps of the Supreme Court Monday . Donald Trump has done real things for MAHA. I believe that. But when the Department of Justice shows up to defend Bayer and Monsanto against the American people, against the health of our children, I have to say: you got this one wrong. Liability protection for corporations that poison people is not a conservative value. It is not a Republican value. It is not a Democratic value. It is not an American value. It is the opposite of a free market. It is the government putting its thumb on the scale for corporations that are losing in court because their products are causing cancer. Every child in this country deserves to be healthy. That is not a political statement. That is the only statement that matters. So in the words of the President himself: we are going to fight, fight.

Del Bigtree

147,529 Aufrufe • vor 4 Monaten

[WATCH] ANC UPLOADED NAMES ON TIME AND SOME WERE KICKED OUT DUE TO TECHNICAL GLITCHES “We did upload all of the candidates, it’s important to assure our members, supporters and our community that participated in the candidate selection process that took place. We did upload all of our candidates from all the nine provinces and regions on time. The 28th of August was the final day of submission of the final list, why it took place then is because the ANC undergoes an extensive process of vetting and interviewing and holding community meetings, all of this take time. We are very robust in how we’ve improved our candidate selection process. The very last portion of the batch is when the system started kicking them out. That was before 5 o’clock. We are not discussing here a lack of compliance on the part of the African National Congress with regards to meeting the deadline but a batch of names on the uploaded list that were kicked out. We are asking the IEC to consider for submission all those candidates who had already been captured in the IEC system but were kicked out. The second thing we are asking is to get to the bottom of why the very last batch was kicked out. We are asking for an investigation and this will get us to the bottom of the issue. This ties in with the question of are we fighting with the IEC? We are not. We respect and continue to have the full confidence in the integrity of the IEC run processes. It continues being one of the most important institutions and hallmarks of our democracy and that is why we hope that a constructive engagement can take place and an investigation on whether there were technological challenges that were not foreseen” -ANC SPOKESPERSON MAHLENGI BHENGU

[WATCH] ANC UPLOADED NAMES ON TIME AND SOME WERE KICKED OUT DUE TO TECHNICAL GLITCHES “We did upload all of the candidates, it’s important to assure our members, supporters and our community that participated in the candidate selection process that took place. We did upload all of our candidates from all the nine provinces and regions on time. The 28th of August was the final day of submission of the final list, why it took place then is because the ANC undergoes an extensive process of vetting and interviewing and holding community meetings, all of this take time. We are very robust in how we’ve improved our candidate selection process. The very last portion of the batch is when the system started kicking them out. That was before 5 o’clock. We are not discussing here a lack of compliance on the part of the African National Congress with regards to meeting the deadline but a batch of names on the uploaded list that were kicked out. We are asking the IEC to consider for submission all those candidates who had already been captured in the IEC system but were kicked out. The second thing we are asking is to get to the bottom of why the very last batch was kicked out. We are asking for an investigation and this will get us to the bottom of the issue. This ties in with the question of are we fighting with the IEC? We are not. We respect and continue to have the full confidence in the integrity of the IEC run processes. It continues being one of the most important institutions and hallmarks of our democracy and that is why we hope that a constructive engagement can take place and an investigation on whether there were technological challenges that were not foreseen” -ANC SPOKESPERSON MAHLENGI BHENGU

ANC SECRETARY GENERAL | Fikile Mbalula

95,277 Aufrufe • vor 14 Tagen