Would love to have @GAustinAllison on for an episode to dig in deeper on their model and the benefits and vision for the future. I'm missing something here and I want to hear it from the #1 authority.
Clearly a ton of opportunity in the space and @PacasoHomes is on a run.
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The Lindy Effect is a useful framework for evaluating the durability and life expectancy of a technology or idea.
Here's a very simple breakdown:
1/ Let's start with a definition.
The Lindy Effect is a theory that the future life expectancy of specific non-perishable items—like a technology or idea—is proportional to their age.
Simply, the longer it has already lasted, the higher the likelihood it will continue to last.
2/ The term "Lindy Effect" is a reference to Lindy’s—a New York deli frequented by comedians in the 1960s.
While author Albert Goldman used the term "Lindy's Law" in a 1964 article, it was mathematician Benoit Mandlebrot who shifted the dialogue towards the current definition.