In 2019, Bill Gurley wrote a blog post on how internet marketplaces can unlock latent and previously unseen value in the world In the post, Gurley applies concepts from Adam Smith’s “Wealth of Nations” to discuss internet marketplaces – his conclusion being that by “connecting economic traders that would otherwise not be connected” – internet… Read more

Long-term, I think there will be both open source protocols managed as decentralized autonomous organizations – and corporations building products for consumer + enterprise users on top of these ecosystems 1. My current working mental model is WordPress + its ecosystem WordPress – the open source CMS – powers more than 40% of the open… Read more