David Rosenthal: belief

Transcript context

…Yeah. Certainly on the journalism side, actually, and on the venture side. Totally on the venture side. I think there may be some element of network economies here like what you were just talking about with the flywheel and being a reader. The more people in your target audiences who are readers, the more powerful taking an investment from Not Boring Capital, sponsoring Not Boring, or frankly, just continuing to read Not Boring becomes as more people in your circle are reading it. I think that's probably right, but I don't want to give myself too much credit for it. I know there's definitely a difference between network economies and some sort of benefits to scale. I wouldn't call it scale economies either where hopefully it gets better. I think this is like data network effects or something where maybe it's there. Sometimes, maybe people have it. But probably, like you said, there are network effects just to pretend they are network effects. I actually don't know if I have them. If it means that I'm able to write about more interesting companies because there are more readers, some more different types of companies want me to tell their story, and all of that, or the audience is getting bigger and I have more interesting conversations with people, so I have more interesting ideas, then maybe that is there. But it's certainly not Facebook-level network economies where it's very clear that one extra person coming on is really good for the people who know that person, et cetera.…

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