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So excited for our investment in @RunTheWorld365, an online events platform. 🎉
It touches on a lot of things we've been thinking about with the Passion Economy and enabling creators/organizations to create and monetize events, share knowledge, and foster community.
With RTW, anyone can organize online events and enable people to form connections w/o physical constraints.

The urgency is greater than ever before, given the coronavirus. RTW is announcing a special program waiving activation fees for impacted events: runtheworld.today/coronavirus.ht…
And I'm excited that @quxiaoyin finally followed in my footsteps and dropped out of bschool 😅 Happy to be a good/bad(?) influence since day -180.
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Li Jin
@ljin18
The opportunity for Passion Economy startups is to fill gaps that exist in the "creator stack."

What platforms are needed to enable creative individuals to more easily start a business and make a living?

A few examples 👇
Take physical products:

While there are many platforms to set up an online store (Shopify, Etsy, Amazon), it's more challenging to access the supply chains that incumbent brands spent decades developing in-house.

Creating products in the first place is the hard part.
That's where @therealRoShow is stepping in - @ShopPietra is creating the easiest way for someone to design, create, and sell physical goods. Starting with jewelry, and going into beauty, home accessories, handbags, etc.

medium.com/@Ro_Pietra/pie…
Read 4 tweets
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Li Jin
@ljin18
Demystifying marketplace-speak:

If you've ever found yourself wondering whether marketplace investors/operators are speaking a different language (e.g. "heterogeneity," "multi-tenanting", etc), we compiled a glossary of top marketplace terminology 👩‍🏫👇

a16z.com/2020/02/18/mar…
The wide array of terminology exists because marketplace businesses entail a ton of nuance and complexity.

Are there other terms/concepts not covered in here that you'd like us to explain?
And be sure to check out the rest of the Marketplaces 100 package that @a16z dropped today! a16z.com/marketplace-10…
Read 3 tweets
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Li Jin
@ljin18
New post! To make a living as a creator, you only need 100 true fans, not 1,000.

As social evolves from a "bigger is better" ad-driven model to niche communities with direct user payment, the playbook for how creators succeed also changes.

Thread 👇
a16z.com/2020/02/06/100…
A decade ago, @kevin2kelly wrote a blog post positing that the internet would enable many more creators to make a living. By cutting out middlemen and directly monetizing fans, creators could earn meaningful income without massive fame.
The recipe: get 1,000 fans paying $100/yr.
The idea of making money from a modest fan base is more salient than ever, but I propose taking it a step further:

Creators need only 100 True Fans—not 1,000—paying them $1,000/year, to make a living.

Today, creators can effectively make more money off fewer fans.
Read 23 tweets

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ella⁷
@minjiiminie
NAM2SEOK AU | FIRST TIME

Namjoon and Hoseok are best friends whose whole dynamic turns upside down once they meet Kim Seokjin, the handsome brother of a mutual friend of theirs. They decide to compete and pursue him, only for Seokjin to tell them he would like both of them.
commission for nam2seok in my first time series

> explicit sex scene 🔞 there will be a threesome 🔞you’ve been warned 🔞
> side established yoonmin and taekook!!!
> you don’t have to, but read the other two parts they’re fun and they start here:
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Aaron Paquette
@Ward4Aaron
1. Hey, Aaron! Why do you care about transit so much?

I’m glad you asked!

What I REALLY care about is what transit does & wow! does it do a lot.

Hop on board - let’s tour few of the amazing things we get from a great transit network & why it matters.

#yeg #yegcc #transit
2. Transit is an economic driver. The 2009 Ottawa transit strike had a negative economic impact of about $400 million over 51 days - that’s est. $2.5 billion a year!

In 2019 #yeg that number will be even higher.

Let that sink in a little.

#economy #yegcc
3. A 2016 Auditor’s report estimated transit saves #Yeg about $700 million a year by reducing congestion/ traffic jams, collisions & decreasing parking demand and environmental impacts.

This is big money, folks.

Let’s unpack that.

#transit #savings #yegcc
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Ravi Saraogi, CFA
@ravisaraogi
Excited to be at the @CFASocietyIndia 'Masters at Work: Investing Frameworks that Win' conference at the beautiful city of Kolkata. Looking forward to some invigorating discussion with a great line up of speakers!
(1/n) Tweet thread below on some fascinating observations. Ramdeo's session: Equities represent limited downside and unlimited upside (!) Downside is 100%, upside is unlimited. #maw @CFASocietyIndia
(2/n) Ramdeo's session: How often have we heard about the power of compounding? Here are some numbers yo reflect on: Difference between 10 and 30 years is not 3x but 87x. Buffet's 22% CAGR over 58 years grew capital at 85,000x ! #maw
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Peter Sciretta
@slashfilm
Excited to see #InfinityWar again tonight, this time with @Russo_Brothers Q&A
Was fantastic to see this movie again on the big screen with a packed audience of Marvel fanatics. Now for the Q and A.
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Hell yeah i'd date me from sixteen months ago
@NireBryce
lot of talk about 'beefs' again, but actually writing down what I think the current DSA "faction fight" is might be insightful so im probably gonna do that right now.
I dont know if the factions even fully realize they're that yet. maybe a quarter of each at best, especially since one is a loose coalition that doesn't exist in a formal sense, just a shared goals and needs sense.
But its become apparent now that we have comms where chapters can talk to each other, that people a.) dont know this, and b.) its more of a thing than i really thought, honestly.
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Donut Shorts
@DonutShorts
Early signs of multi-family credit stress may be a thing. Anyone else seeing this?
Multi-family credit has been as good as it gets for the last few years. We may be starting to see a reversion to the mean
h/t @rcwhelan
theinstitutionalriskanalyst.com/single-post/20…
Moar multi-family credit termites
#CMBS
Read 8 tweets

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