Network

“So I believe that it's just the network that is going to be what everyone trades on, and the more AI takes away the mundane aspects of Work. And access to things that historically have been very challenging for people to learn or do. It's going to revert us al…”

“A lot of success isn't necessarily that someone's more capable than you are, or any smarter. A lot of it is they know people you don't.”

“So there's a bit of a bias there to say, not just what makes me the most money, but it's first and foremost about what's, what allows us to build the network. Because it's the network that then delivers a better outcome for consumers, it delivers out better ou…”

“So actually in this case, I think either a network or an audience would work, but I think it's easier and quicker to build a network. It's a lot less work than building an audience.”

“I think a lot of other things people talk about, like networks and things like that. I just don't think they're sticking off or sustainable enough to really build a long-term differentiated strategy.”

“For those networks for the last decade, run the counterfactual of the networks no longer had football. They don't exist anymore. This has been life support for them for a decade.”

“I continue to think that networks are just on this treadmill where they're just going to keep paying more and more and more for NFL rights until is actually non-economic for them to do so, but then they'll be in so deep that it's pretty hard to recover from th…”

“You would see an emergence of a creative tool and whether they were able to sort of transcend that to being a network that you come back to was often not the case.”

“An audience gives you reach, but a network gives you leverage. So your audience might retweet you, whereas your network might introduce you to your first 10 customers, or help you find your first hire, or if you decide to go down this road, your first investor…”

“And then you have to look back and say, where is AI constrained? Right now. It's constrained in power, it's constrained on compute, it's constrained on the net, on the network.”

“The state is someone should pass a law and the network is someone should write some code, right? The state is everybody who is directly or indirectly paid by essentially either the US government or a government more generally. And the network is all those peop…”

“So it gets a very fundamental thing where tech guys are sensing there's something here, but ultimately the network has to supplant the state as the form of truth.”

“No one, no networks ever had a billion viewers. Like, you're just, you just have never operated at that scale before. Like, these platforms operate at a scale that no one's ever seen before.”

“One way to think, one sort of simple heuristic is anywhere where there's a, where you want to build a network, and it's a challenge to sort of build the early phases of the network, crypto can be a really useful way to help, ah, bootstrap that.”

“The approach is where it's like, build an audience. Yeah, great. That's fun. But it's not, not for your SaaS company. Build your network, not your audience.”

“The network, you have a third thing you don't steal because the network won't let you. Either you'll get canceled by the social network, or you will not be able to take it because the encryption prevents you.”

“At a high level, if you project this out again, over five to 10 year plus timescale, the investors who are more participatory in these networks that can actively get involved natively with these technologies are going to be the ones that win.”

“And I think that Western governments will lose. It's going to be super nasty and super gnarly, but on balance, they will lose because their ideology is not one that attracts the very top talent.”

“One way I look at blockchains are they're the next wave of computing and that they're going to probably democratize data and control of things back to networks. And then what becomes a valuable thing? My instinct is it's about governance.”

“They've lost so much ad revenue. They're probably going to try and start making shows more cheaply, and that doesn't necessarily mean that they will be great. There'll be a lot of reality in our lives for the next little while.”

“I don't think streamers or networks are sitting on their best stuff waiting for another time. I think they're throwing whatever they can out at the audience.”

“Percent of the networks that are attempted fail in the bootstrap phase.”

“And you can essentially have networks replace entire corporations.”

“People forget is if you build something impressive your network will kind of come to you.”

“When the term network comes up, we're talking in the most, let's say, Literally talking about networks of all types. I mean, it could be, it could go back to the railroad, railroad network. It could be actual social networks. And that gives you a real sort of …”