The Curse of the Network Effect

View at Medium.com

“One way around the problem of completeness is to facilitate the transaction itself. Companies like oDesk, etsy and Uber, ensure they are in the middle of the money by processing the flow of cash. It’s much easier to justify taking a cut when you hold the gold, particularly when doing so adds convenience and security to the transaction.”

The Secret Science Behind Big Data And Word Of Mouth

There’s a science behind word of mouth. It’s not random and it’s not luck why people talk about some things rather than others. Just like behavioral economists have studied why people make certain choices, or statisticians have pulled out insights about human behavior from “Big Data,” researchers have been hard at work analyzing the human behavior behind our decisions to talk and share.

The Secret Science Behind Big Data And Word Of Mouth

I Will Not Read Your Fucking Script

There’s a great story about Pablo Picasso. Some guy told Picasso he’d pay him to draw a picture on a napkin. Picasso whipped out a pen and banged out a sketch, handed it to the guy, and said, “One million dollars, please.”
“A million dollars?” the guy exclaimed. “That only took you thirty seconds!”
“Yes,” said Picasso. “But it took me fifty years to learn how to draw that in thirty seconds.”

http://blogs.villagevoice.com/runninscared/2009/09/i_will_not_read.php

He was way more interested in telling his one story than in being a writer. It was like buying all the parts to a car and starting to build it before learning the basics of auto mechanics. You’ll learn a lot along the way, I said, but you’ll never have a car that runs.