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Media's Dirty Tricks Finally Revealed!
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Similar ideas to 3. Money Drives the Media
Social media has many good qualities but is also fraught with challenges for people who are socially anxious. They may feel as self-conscious as they would face to face. They may think that they don't have anything to say, that they come across as boring, or that people may think they're ...
Applies to startups that acquire users through ads or sales, make a profit on each new user, and then reinvest the revenue to acquire more users for larger profits. They rely on getting more money from a user than they paid to get him.
Metrics to track: CAC, LTV
A bias that many people including historians, experts and physicians encounter is the hindsight bias, which makes them think they knew how an event would turn out before it happened. It is the tendency for people to perceive past outcomes as having been more predictable ...
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