The Moat Map

A subtext to last week’s article, Tech’s Two Philosophies, was the idea that there is a difference between Aggregators and Platforms; this was the key section: It is no accident that Apple and Microsoft, the two “bicycle of the mind” companies, were founded only a year apart, and for decade
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Harvard Business Review on the End of Bureaucracy

A case study featured in a recent Harvard Business Review (HBR) article on the end of bureaucracy sheds new light on organizational change in the digital age. According to HBR, bureaucracy has been on the rise for years. In fact, the number of people in management roles in the U.S.
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The ten principles of digital work

The protocols of creating value in the post-industrial worldinformed free choice, rather than compliance, is the basis for decisionsactive participation, rather than passively accepting instructions, is the basis of growth and developmentwork activities are carried out within a framework of meaningf
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Why Decentralization Matters

During the first era of the internet — from the 1980s through the early 2000s — internet services were built on open protocols that were controlled by the internet community.
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The Tyranny of Convenience

Convenience is the most underestimated and least understood force in the world today. As a driver of human decisions, it may not offer the illicit thrill of Freud’s unconscious sexual desires or the mathematical elegance of the economist’s incentives. Convenience is boring.
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Bulletproofs:

Bulletproofs are short non-interactive zero-knowledge proofs that require no trusted setup. A bulletproof can be used to convince a verifier that an encrypted plaintext is well formed. For example, prove that an encrypted number is in a given range, without revealing anything else about the number.
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The Work Required to Have an Opinion

“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.” — Charlie Munger
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Saying goodbye to white collar thinking

There’s a deeply-held attitude that management involves the head and not the hands — and that strategy is a rarer and more valuable commodity than execution. This is a huge cultural blocker in the way of bringing digital to the heart of any business.
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The Amazon Flywheel: Part 1

Amazon has had a lot of revenue growth since they started in ‘95. There are two options when companies experience this type of growth: Report profits to the street. See share price go up. Please shareholders. Maybe even hand out a dividend.
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