Conversation

All agency (not just financial) lately seems to have flowed upwards into the hands of fewer people 🤔. Partly concentration, but more importantly urgency. Covid, climate… Urgency creates leverage for concentration.
3
34
Bottom-up power = network effects = takes a long time before it has “overnight” effects. Which means if you’re not in some sort of consequential 1%, for the time being you’re sorta benched. Twiddle thumbs, seed something that might have a chance of blowing up in 4-5 years.