Thinks 390

The Generalist on Decentraland: “The virtual world has grown its users by 3,300% over the past year and reached a peak market cap of $12 billion. It may prove the best challenger to Meta’s long-term ambitions.”

Economist: “Health care consumes 18% of GDP in America, equivalent to $3.6trn a year. In other rich countries the share is lower, around 10%, but rising as populations age. The pandemic has made people more comfortable with online services, including digitally mediated care. Venture capitalists detect a sector that is uniquely ripe for disruption. CB Insights, a data provider, estimates that investments in digital-health startups nearly doubled in 2021, to $57bn (see chart 1). Unlisted health-care startups valued at $1bn or more now number 90, four times the figure five years ago. Such “unicorns” are competing with incumbent health-care companies and technology giants to make people better and prevent them from getting ill in the first place. In the process, they are turning patients into consumers.”

Shane Parish: “Being contrarian isn’t hard – anyone can say the opposite of what most people believe. But being contrarian *and* right is extremely difficult. Those who can both go against the crowd and be correct achieve outsized rewards. This is called Advantageous Divergence and it’s a mental model for thinking through ideas.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.