- Networks need rules from the beginning. Imposing after (like Twitter) is a mess.
- You need a sense of purpose other than growth, or else you’ll build things that addict people. Addicted people without a sense of purpose lead to fake news, spam, and vitriol.
- We do have an inequality issue in the world right now, but it is probably not wealth (outcome-based) inequality, but rather opportunity inequality. Some people have more opportunities than others. Race, social status, gender, and other things play into this. Fixing the opportunity inequality issue will go a lot further to raising income and wealth for everyone than redistribution.
- It is time to start a media company that focuses on something specific. Don’t go the HuffPo model of no rudder, ad-based. Go the Stratechery model of focused on a single topic, direct pay model. Most media sucks right now. Lots of opportunity.