Lessons from Blue Apron, Uber, Amazon, and Facebook Remember the beach? It was always a battle to build the best sandcastle. But inevitably the tides turned and waves washed away your creation… you were devastated. I hope you learned your lesson. Moats are the most important aspect of any business. A defensible moat is the...
Society is built upon a story. The glue that holds humanity together is fiction, a creatively invented story for “the greater good.” Look at money. Why trade our lives for paper? Wars are waged over this meaningless money. And money my friends is the one bubble that’s never popped. Money’s also the source of power...
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