Wearing my ‘serial founder exploring starting a company’ hat, I advanced my passion project KIP3.
KIP is a seven-year long passion project to tackle the disinformation problem on social media that makes us poor information citizens and polarized neighbors who cannot take collective action in the face of threats like the climate crisis.
It’s a Wikipedia + Wordle for Current Affairs to make better citizens and voters…A comprehensive project that aims to promote trust and transparency in democracy while combating disinformation and corruption.The deliverables can be used individually or collectively to empower citizens with the knowledge and tools needed to critically evaluate information and build a network of trustworthy sources.
It’s a Wikipedia + Wordle for Current Affairs to make better citizens and voters…A comprehensive project that aims to promote trust and transparency in democracy while combating disinformation and corruption.The deliverables can be used individually or collectively to empower citizens with the knowledge and tools needed to critically evaluate information and build a network of trustworthy sources.Scott Galloway takes on the streaming wars in this week’s No Mercy/No Malice newsletter.
He writes
“My colleague Sonia Marciano teaches that to achieve success, the best strategy is to find the dimension with the greatest variance — the biggest delta between best and worst. In the streaming wars, both flywheel and distribution offer the greatest variance, and monopolies dominate those categories.
“A flywheel is a disk that stores kinetic energy and then spins it out to a nearby engine. In the context of business, as the flywheel rotates it increases output or revenue without increasing input or cost. The ultimate flywheel is Amazon. Amazon Prime attracts shoppers who want a wide assortment of products with rapid fulfillment. These subscribers also enjoy the benefits of services like Amazon Prime Video, which increase the stickiness of Prime and time spent on the platform.”
Here’s Galloway on how these flywheels, or feedback loops, can work in the world of video on demand, the world of 10 Block…the mobile streaming platform I’ve been running as chief operating officer for the past two years.
“In the context of the streaming wars, SVOD adds momentum to the flywheel. Movies and entertainment evoke powerful emotions. The connective tissue of the flywheel is increasingly emotion. The NPS score (consumers’ emotional connection to a company) is negative to zero for ecommerce and internet companies, but it’s strong for SVOD companies. Loving Fleabag means you’ll buy your next toaster from Amazon, not Target or Williams-Sonoma.”
I took a peek back at some of my own shorthand sources and insights on flywheels and growth loops captured on a Trello card. (Trello is my favorite productivity tool at the moment, and for quite a while, BTW. <More on that later.)
