Saved by Timothy Shih
Web 2.0 Investors Aren’t Cut Out for the Web3 World
In a few years, data startups, consumer apps, and software vendors will rise and grow - the same as today.Some of them will employ the four fundamental innovations of web3: permanent ownership, paying customers with “equity,” regulatory arbitrage, and new governance models (DAOs).
Tomasz Tunguz • The End of Web3 by @ttunguz
Some Web 2 companies like Uber still aren’t profitable, years after their founding and having gone public. We used to find this odd—trolls are nothing new and they railed against the early Web 2 companies too—but now we’ve simply gotten use to it. Web 3 has yet to prove out its flipped model for utility vs. speculative value.
Antonio Garcia Martinez • The right to never be forgotten
One of the driving insights that led me to leave my job in 2021 at Reddit, because of my interest in the crypto industry, because of my fascination with decentralization, and because of my, you know, belief that the ability to own and control and create and have access to all of the data that we as individuals create online. I didn't believe that I
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