Outlook on social networks - Deepstash
Outlook on social networks

Outlook on social networks

Reid Hoffman invests in networks and companies that, as people get into them, the value is added to their life by the other people in the network. Examples of investments:

  • Flickr - photo sharing
  • Last.fm - music sharing
  • Zynga - game playing
  • Facebook - social network

He works and hopes for a society and a set of networks by which we'll make each other better. We learn how to improve ourselves and each other through connections, dialogue, collaboration, and working together. He wants to build services and technologies that allow us to become our better selves as we help each other do so.

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MORE IDEAS FROM Reid Hoffman, LinkedIn Co-Founder | The Brave Ones

Social networks enhance our real lives

In the 90s, Reid Hoffman built his first startup, SocialNet. He asked himself questions like "How do you form connections?" and "How do you bring people together around common interests?".

Even though SocialNet failed, he got this insight from it: "We're all trying to navigate our real-world lives. We're not trying to go to cyberspace. We're trying to have a rich and interesting life where we live and where we work. So we're trying to improve our real identity, our real relationships, and navigating the world around us."

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RELATED IDEA

Consumer Acquisition is seeing iOS revenue down 15-20% across their portfolio of companies, with different impacts for subgenres: the most impacted are games targeting narrow audiences (hunting whales) and apps monetizing with in-app ads.

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Special powers attributed to gems

Many legends from different cultures share the idea that jewels are of divine or superhuman origin.

  • The Amythyst was said to have been created from the tears of the Greek god Dionysus.
  • The onyx from Venus's fingernails.
  • Opals are said to be created when the Aboriginals' ancestral God came to Earth in a rainbow.
  • Moonstone was believed to be a way of communicating with the gods.
  • Jade still is used to attract good fortune,
  • Rubies are said to help in warfare.
  • Emeralds to protect travellers,
  • Diamonds to have powers over love and health.
  • Pearls were a symbol of power for kings, queens, Maharajas, and Chinese Emperors.

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The Error in Isolating Events
  • Many studies have been conducted regarding the psychological impact of a one particular event, like the trauma associated with the ongoing health crisis, or sudden job loss.
  • What researchers fail to gauge is the complex psychological experiences of various events and situations that are of different hues and colors, and happen simultaneously.

A normal person leading a full life can experience events related to death, family changes, job changes, health issues, and financial swings. Each experience is connected to the other experiences and is not isolated, making the impact on the person varied and complex.

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