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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Star Simpson‏ @starsandrobots 11 Jan 2019
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      People talk about businesses having "moats" but I think a better metaphor is a reef. A reef can protect and foster an ecosystem while keeping bad players out, or serve as treacherous and impassable protection. They also grow fractally. Grow a reef.pic.twitter.com/Zedy9ysEHO

      18 replies 127 retweets 707 likes
    2. Venkatesh Rao‏ @vgr 11 Jan 2019
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      Replying to @starsandrobots

      That’s a good description of mob-controlled businesses

      1 reply 0 retweets 5 likes
    3. David Sneider  🎆‏ @davidlsneider 11 Jan 2019
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      Replying to @vgr @starsandrobots

      How do you define mob-controlled business? I'm assuming this term is related to network effects, not cement shoes.

      1 reply 0 retweets 0 likes
      Venkatesh Rao‏ @vgr 11 Jan 2019
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      Replying to @davidlsneider @starsandrobots

      No I mean literal mafia, like New York construction

      6:00 PM - 11 Jan 2019
      • 1 Like
      • vidy thatte
      3 replies 0 retweets 1 like
        1. David Sneider  🎆‏ @davidlsneider 11 Jan 2019
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          Replying to @vgr @starsandrobots

          Ah, gotcha. Thanks for clarifying. As a not very useful buzzword, "Mob-controlled" could be used to describe an idealistic blockchain DAO.

          0 replies 0 retweets 0 likes
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        1. Ryan Gentry‏ @RyanTheGentry 11 Jan 2019
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          Replying to @vgr @starsandrobots

          🤣

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        1. New conversation
        2. Star Simpson‏ @starsandrobots 11 Jan 2019
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          Replying to @vgr

          Wait what about this makes it specifically a good description of a mob-controlled business?

          1 reply 0 retweets 0 likes
        3. Venkatesh Rao‏ @vgr 11 Jan 2019
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          Replying to @starsandrobots

          They have literal hostile defenses that have nothing to do with the thing being defended — muscle to hurt you with/intimidate you. There are rules/contract law/appeal to courts for competing with normal businesses, but mob ones have outlaw defenses. The reef has no rules either.

          1 reply 0 retweets 1 like
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