You know how you tweet a lot, and one of your tweets just happens to go viral, and it's not always the one you thought would? Startup investing is kind of like that.
At some point we'll allow people to set up micro-businesses as easily as they can tweet. Hashtag t-shirts, or something. Then everyone can experience the inexplicable power law of the market on a daily basis!
Actually, Twitter may be many people's best experience with power laws. Download your tweets, graph the engagement, and quantify the randomness in its full glory.
The Twitter law!
The Twitter law!
One idea is to reduce the cost of each experiment. Tweeting costs almost nothing. So each individual is like an investor in their diversification.
If we can make each micro-business cost almost nothing to set up, yet get instant feedback from an audience, that could be powerful.
If we can make each micro-business cost almost nothing to set up, yet get instant feedback from an audience, that could be powerful.
