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4min chapter
Li Jin on the journey behind Variant’s new $110M fund to back the ownership economy
Means of Creation
The Owner Economy and Other Misconceptions About It
A lot of people have misunderstood what we mean by the ownership economy, and take it to mean that everyone should be an enchpineur. People are oftentimes like, creators shouldn't all own their own small business, they they can't even manage their own finances. I think there's going to be a lot of pitfalls along the way as we figure out a lot of these business models. How do we avoid the rich get richer effect of the insiders who are in these networks of informationand, um, who have, like, you know, the most privileged access to early products?How do we avoid them from just accruing all the wealth? Ra, i'm seeing right
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